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An employee of the Korea Exchange Bank counts one hundred U.S. dollar banknotes at the bank's headquarters in Seoul, August 11, 2011. REUTERS/Jo Yong-Hak

Corporate cash-hoarding continues

Even as the economy improves, corporate America continues to pile up record amounts of unused cash, Bloomberg reports.  Read more at Counterparties 

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Google faces new federal antitrust probe: source

WASHINGTON - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in Web display advertising, breaks antitrust law in how it handles some advertising sales, a source told Reuters on Thursday.

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Families edging out private equity in consumer deals

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.

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China denounces EU airline carbon law, seeks talks

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.

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GM says Opel not up for sale

The logo of General Motors' Opel AG Belgian unit is pictured at its assembly plant in Antwerp November 5, 2009. REUTERS/Francois Lenoir

The logo of General Motors' Opel AG Belgian unit is pictured at its assembly plant in Antwerp November 5, 2009.

Credit: Reuters/Francois Lenoir

EISENACH, Germany | Thu Jan 10, 2013 6:19am EST

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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