BRUSSELS (Reuters) – When Dutch Foreign Minister Frans Timmermans spoke to his European Union peers of his grief and anger over the downing of a Malaysia Airlines airliner over eastern Ukraine, it was a turning point in Europe’s approach to Russia.
FOX LAKE Ill. (Reuters) – The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.
LONDON (Reuters) – Royal Bank of Scotland said it made a pretax profit of 1 billion pounds ($1.7 billion) in the second quarter, far better than analysts had expected, thanks to a turnaround in losses from bad loans, prompting it to release earnings a week early.
SHANGHAI (Reuters) – Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates.
MONTREAL (Reuters) – The U.N. civil aviation agency will hold a broad international meeting next week to discuss airline safety in the industry’s most coordinated response to the downing of a Malaysian airliner, two sources familiar with the matter said on Thursday.
DETROIT (Reuters) – General Motors Co reported a much lower second-quarter profit on Thursday due to numerous recalls and the expected cost of at least $400 million for a compensation fund for those killed or injured by a defective ignition switch linked to at least 13 deaths.
LOS ANGELES/NEW YORK (Reuters) – Chase Carey, Twenty-First Century Fox’s president and chief operating officer, may be feeling pressure to stay in his job for several more years both from his boss, Rupert Murdoch, and from the company Murdoch is trying to buy, Time Warner Inc.
LOS ANGELES (Reuters) – Los Angeles Clippers owner Donald Sterling’s bid to block the $2 billion sale of the NBA team in a probate trial entered its final stretch on Wednesday when his attorneys sought to prove his estranged wife improperly seized control of the franchise.