The United Auto Workers' return to bargaining with General Motors Corp within hours of calling the first national strike against the automaker in 37 years may signal the union's desire for a quick end to the walkout.
Oil is up, the dollar down; and if the petroleum part of the relationship doesn't change significantly, which looks unlikely, nor probably will the currency piece.
Volkswagen boss Martin Winterkorn will visit Malaysia in the next few weeks to conclude a deal between the German auto giant and state-owned carmaker Proton, according to a newspaper report.
Deutsche Boerse AG Chief Financial Officer Thomas Eichelmann said that he expects a "good" third quarter as market volatility stemming from the global credit crunch and the US subprime fallout boosts trading.
A leading group of international businesswomen called on the world's 200 biggest male-dominated companies to step up efforts to give women more leadership roles in large corporations.
Deutsche Bank AG, Germany's biggest bank, will write down the value of leveraged loans and scale back hiring plans after making "mistakes" during the credit boom that ground to a halt in the past two months, Chief Executive Officer Josef Ackermann said.
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