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GM Unveils New Logo, Names Operations Chief at Cruise Unit
Business, Published on 11/01/2021
» General Motors Co. on Friday revealed a new tech-themed corporate logo -- its first major change in decades -- and GM's autonomous-car division hired a new operations chief, the latest in the auto maker's efforts to fend off Silicon Valley as new technologies disrupt the car business.
Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.