GM board meeting to finalise bankruptcy
Filing could come on Monday, in a humiliating move for the carmaker that symbolised the US’s industrial might for most of the 20th century
May 28, 2009
Man Group assets fall to £27.6 bln
LONDON (Reuters) - Man Group , the world’s largest-listed hedge fund firm, said on Thursday that assets under management fell to $44 billion (27.6 billion pounds) by May 26, from $46.8 billion at end-March.
Brewin Dolphin H1 pretax profit falls 38 pct
LONDON (Reuters) - UK investment manager and stockbroker Brewin Dolphin Holdings on Thursday reported a 38 percent fall in pretax profit after redundancy costs of 13.6 million pounds in the first half of 2009.
GM makes new debt-exchange offer
General Motors has made a new debt-exchange proposal to unsecured bondholders in a last-ditch move to speed its way through bankruptcy court.
Concerns grow over Vauxhall jobs
Concerns about the future of Vauxhall’s UK plants grow after the breakdown of talks over who will buy the firm’s owner.
Opel talks stall on GM financing demand
The future of Opel hung in the balance after top-level talks led by Berlin aimed at securing a bail-out failed after the General Motors demanded an extra €300m