NEW YORK - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
GM says Opel not up for sale
EISENACH, Germany |
EISENACH, Germany (Reuters) - General Motors Co's (GM.N) European division Opel is not up for sale, Steve Girsky, vice chairman of the U.S. car maker, said on Thursday.
Parent GM will continue to invest in Ruesselsheim-based Opel, Girsky, who is also head of Opel's supervisory board, said at an event at the company's Eisenach, Germany-based plant.
(Reporting by Peter Maushagen; Writing by Andreas Cremer)
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