The plan of a group of four international investment funds was not pursued by Rome along with more recent approaches to be part of a rescue deal after the funds offered to inject 1.6 billion euros ($1.79 billion) of fresh… Read More ›
Day: June 24, 2017
Second Quarter Ends With Slower Growth For Euro Zone Businesses: PMIs
A survey has shown that following a sudden slowing in the pace of expansion by services firms, roaring euro zone business growth tailed off unexpectedly toward the end of the first half of 2017. But pressure will likely be maintained… Read More ›
After Supreme Court ruling, GM settles hundreds of ignition switch related lawsuits
The details of the settlement are yet to be disclosed, as they are confidential. GM’s lawyers are working with the plaintiffs’ lawyers to complete the documentation within a month’s time, after which it will begin implementing the court’s order. As… Read More ›
Eddie Bauer exploring strategic alternatives, including sale: sources
The retail sector has been ravaged by changing consumer taste and a boom in internet shopping. On Friday, U.S. outdoor gear and outerwear retailer Eddie Bauer LLC, which is trying to struggling to manage its debts, hired investment banks to… Read More ›
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