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NYSE-owner ICE to buy commodities trading platform for $650 million

November 16, 2015 by · Leave a Comment 

(Reuters) – Intercontinental Exchange Inc , the owner of the New York Stock Exchange, said it would buy commodities trading platform Trayport from BGC Partners Inc and GFI Group Inc for about $650 million in stock.

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NYSE-owner ICE to buy commodities trading platform for $650 million

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VW says CO2 cheats affect more petrol engines than previously disclosed

November 16, 2015 by · Leave a Comment 

Volkswagen manipulated the carbon dioxide (CO2) emission levels of more petrol-powered vehicles than previously disclosed, a spokesman for the carmaker said on Monday. VW said on Nov. 3 it had understated the level of CO2 emissions in about 800,000 cars sold mainly

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VW says CO2 cheats affect more petrol engines than previously disclosed

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Detroit’s Big Three accelerate plans to build more small cars in Mexico

November 16, 2015 by · Leave a Comment 

By Paul Lienert and Joseph White DETROIT (Reuters) – Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars. New versions of several of their popular U.S. compact cars are expected to be made in Mexico, people familiar with the companies' plans …

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Detroit’s Big Three accelerate plans to build more small cars in Mexico

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Detroit’s Big Three accelerate plans to build more small cars in Mexico

November 16, 2015 by · Leave a Comment 

By Paul Lienert and Joseph White DETROIT (Reuters) – Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars. New versions of several of their popular U.S. compact cars are…

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Detroit’s Big Three accelerate plans to build more small cars in Mexico