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Business News
France's PSA seeks to be 'European car champion' with Opel
PARIS (AP) -- The chairman of French carmaker PSA Group wants to create a "European car champion" with the purchase of General Motors' European car business and pledged to work with governments and unions worried over job cuts....
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Repsol closes 2016 with best net profit in 4 years
MADRID (AP) -- Spanish energy company Repsol has reported its best annual earnings in four years as it booked fewer impairment charges related to low oil and gas prices....
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World shares listless as Fed minutes fail to sway investors
HONG KONG (AP) -- World stock markets were drifting in listless trading Thursday as the latest Fed minutes left investors unmoved....
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Barclays says it will complete its restructuring early
LONDON (AP) -- Barclays Group says it will complete its restructuring six months earlier than planned as it sheds risky assets and focuses on consumer, corporate and investment banking in New York and London....
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PSA Peugeot Citroen profits up as it eyes buy of GM's Opel
PARIS (AP) -- French carmaker PSA Group saw its profits jump last year and is giving dividends for the first time since 2011, burnishing its image as it weighs a buyout of General Motors' money-losing European operations....
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