To improve the fuel economy of its future cars and trucks, the automaker is investing in a company that has designed a new type of lightweight, high-strength steel.

The automaker is planning to open nine new plants in its Asia Pacific Africa region.

U.S. airplane maker Boeing Co. (BA) is bidding in a South African Airways tender to update its airplane fleet as the Africa market looks poised for take off.

Brazilian state-run energy Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, expects domestic fuel prices will need to rise further to reach parity with international prices.

There are a few stocks that are up on high volume today: Trading with a volume of 28.3 million, or 2.8 times its average daily volume, American Intl Group (NYSE:AIG) is up on high volume today.

A 'rogue' Standard Chartered unit has been accused of scheming with Iran to hide more than $250 billion of transactions over the past decade, putting the bank's New York banking license at risk.

A surge in domestic sales in July has raised hopes among Brazil's motor-vehicle manufacturers for a solid second-half performance, with the industry's trade group holding to its 2012 forecast of a 5% rise in overall sales.

Compass Group PLC (CPG.LN) Monday said it purchased 350,000 ordinary shares, for cancellation, at a price of 704.2800 pence per share on Aug. 6.

GlaxoSmithKline PLC (GSK.LN) Monday announced it purchased 400,000 ordinary shares, to hold in treasury, on Aug. 6.

The state of Illinois faces at least $83 billion in unfunded liability between its five pension systems, and is on track to spend more on its government pensions than on education by 2016, a new study released by Governor Pat Quinn’s office says.