GM is recalling thousands of cars over a parking brake defect that could cause a fire, a letter by the top U.S. auto safety regulator showed.
Siemens has bid to acquire Dresser-Rand for $83 per common share in cash, in a deal with a total transaction value of $7.6 billion.
U.K. supermarket's shares open down 11% after warning it overstated its half-year profits by £250M, appoints Deloitte to investigate.
Alibaba has reportedly sold additional shares, making the listing of the Chinese e-commerce firm the biggest in history.
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