General Motors Co. (GM) plans to name Mary Barra to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive industry, a person familiar with the effort said.
The Bank of England is concerned that US fiscal policies are creating economic difficulties without any longer-term benefits, its governor said on Monday, weighing in as lawmakers in Washington scramble to avoid another government shutdown.
Dec. 10 (Bloomberg) -- Bloomberg's Nela Richardson reports on the implementation of the Volcker rule. She speaks with Erik Schatzker on Bloomberg Television's "Market Makers.
Chancellor George Osborne's mission to increase British exports outside the European Union was boosted by the latest figures showing the trade gap between Britain and non-EU countries had narrowed by 27.1%.
An A380 Superjumbo from EADS. The company will rebrand itself as Airbus Group next year, but will also cut jobs. Photo - Bloomberg.