July 8 (Reuters) - PhoenixCoal Inc (PHC.TO) said it was reviewing strategic alternatives that may include asset sales.
PhoenixCoal said it retained Cormark Securities Inc for financial advice in evaluating these alternatives.
Shares of the company were trading at 31 Canadian cents Wednesday afternoon on the Toronto Stock Exchange. (Reporting by Amit Kumar in Bangalore; Editing by Vinu Pilakkott)
BEIJING/STOCKHOLM (Reuters) - China's automakers Geely and BAIC pushed ahead with plans to harness the technology of Ford's and General Motors' ailing Swedish brands Volvo and Saab in a bid to be global industry players.
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