GM's Opel Brand Replaces Two More Board Members
General Motors Co.'s (GM) troubled European Opel unit Wednesday replaced both its Chief Financial Officer and the head of its research and development operations, marking the next step in a broad management shake-up to stem hefty losses amid sagging sales.
Credit Suisse Moves to Address Capital Concerns
Credit Suisse moved Wednesday to stanch recent concerns about its financial strength, saying it is raising capital through the sale of shares, more divestments and the launch of another cost savings program.
Former CME FX Head Roger Rutherford Joins TraFXpure
The former head of foreign-exchange products at the exchanges firm CME Group (CME) in London, Roger Rutherford, has been appointed to the management team at trading system TraFXpure, the firm said in a statement Wednesday.
UK Pub, Restaurant Trading Improves in June - Study
Trading for pubs and restaurants across the U.K. improved in June, boosted by the Queen's Jubilee bank holiday and the European soccer championships, even as poor weather weighed, a study issued Wednesday showed.
Belgium PM: Will Meet Budget Deficit Target Of 2.8% Of GDP in 2012
Belgium will meet its European Union target of a budget deficit of 2.8% of gross domestic product this year, and balance it by 2015, the country's prime minister said Wednesday, setting out the government's latest budget review and measures to spur economic growth.
LSE Revenue Up 10%; Sees Quiet Trading Environment
The London Stock Exchange Group PLC (LSE.LN) on Wednesday said the trading environment is still weak and that the next few months will likely to be quiet, even after posting a 10% rise in first-quarter revenue from a year earlier.