Oil prices near 4- year low as OPEC output cut hopes fade. TOKYO, Nov 27- Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by OPEC faded. MSCI's broadest index of Asia-Pacific shares outside Japan...» Read More
GM PRESIDENT AMMANN SAYS THE 13 FATALITIES LINKED TO BAD PART IS WHAT THE COMPANY KNOWS, DIDN'T SPECULLATE IF NUMBER WOULD RISE.
LONDON, June 5- Britain's anti-fraud agency is examining information from a global investigation into the possible manipulation of currency markets, in the first sign it might follow the United States in launching a criminal investigation.
GM CEO BARRA SAYS THERE HAS BEEN A LOT OF STRENGTHENING DONE IN PRODUCT DEVELOPMENT AND MORE WILL BE MADE.
GM CEO BARRA SAYS FOUR DIFFERENT DEPARTMENTS WERE REPRESENTED IN THE DEPARTURES OF THE 15 EMPLOYEES.
GM CEO BARRA COULDN' T SAY WHY ENGINEERS FAILED TO CATCH THE PROBLEM EARLY ON.
GM'S REUSS SAYS REPORT DOES NOT ADDRESS WHETHER OTHER PARTS MAY HAVE BEEN CHANGED WITHOUT THE PART NUMBER BEING CHANGED.
RPT-GM CEO BARRA SAYS FEDERAL GOVERNMENT BEARS NO RESPONSIBILITY IN FAILING TO CATCH THE PROBLEM.
*Fed to buy $2.25 bln- $2.75 bln notes due 2021-2024. NEW YORK, June 5- U.S. Treasuries yields rose on Thursday in choppy trading after the European Central Bank cut interest rates to record lows and announced new measures meant to help stimulate the region's economy.
GM CEO BARRA SAYS HAS SPOKEN WITH SECRETARY OF TRANSPORTATION AND KEY MEMBERS OF CONGRESS ABOOUT REPORT.
GM CEO BARRA SAYS IT WAS NOT NECESSARILY THE CASE THAT EMPLOYEES INVOLVED IN THE FAILURE TO CATCH BAD SWITCH HAD ALREADY LLEFT COMPANY.
GM PRODUCT DEVELOPMENT CHIEF REUSS SAYS HIS TEAM NOW MORE INTEGRATED WITH LEGAL.
GM CEO BARRA SAYS WELL OVER HALF OF EMPLOYEES FIRED WERE EXECUTIVE LEVEL OR HIGHER.
GM CEO BARRA SAYS TWO ENGINEERS ONLEAVE NO LONGER PART OFF COMPANY.
GM PRESIDENT AMMANN SAYS COMPENSATIONFUND WILL FOCUS ON THOSE INJURED OR WHO LOST LIVES, WHEN ASKED WHETHER THOSE WHOSE CARS LOST VALUE WOULD BE INCLLUDED.
GM CEO BARRA SAYS NO TRADE-OFF OF COST VS SAFETY WAS DEEMED BECAUSE IT WAS DEEMED TO HAVE BEEN A CUSTOMER SATISFACTION ISSUE NOT CUSTOMER SAFETY.
June 5- Logistics company UTi Worldwide Inc reported a bigger-than-expected quarterly loss as a stronger dollar more than offset higher volumes in its air and ocean freight businesses. The net loss attributable to UTi increased to $43.2 million, or 43 cents per share, in the first quarter ended April 30, from $12.4 million, or 12 cents per share, a year earlier.
GM CEO BARRA SAYS REPORT INDICATES PART CHANGE WAS NOT COMMUNICATED INSIDE THE COMPANY.
GM CEO BARRA DID NOT ADDRESS WHETHER COMPANY WOULD WAIVE LIABILITY SHIELD GAINED THROUGH BANKRUPTCY, SAYS COMPENSATION FUND PROGRAM VOLUNTARY.
June 5- Barnes& Noble Inc will develop a tablet with Samsung Electronics Co Ltd, as it tries to revive its money-losing Nook digital business. The tablets will combine Samsung's hardware with Nook's software and give access to Barnes& Noble's digital collection of more than 3 million books, magazines and newspapers, the companies said in a statement.