GM has “no intention” of putting more cash into Peugeot: CFO

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Global Share Rally Peters Out, Euro Lifted By PMI BoostComments Off

Shares edged lower after three days of gains as signs of a stuttering Chinese economy offset reassuring European economic numbers.

Quantitative easing would be complex for ECB: policymaker HanssonComments Off

Quantitative easing, or printing money to buy assets, would be operationally complex for the European Central Bank, ECB policymaker Ardo Hansson said on Wednesday, adding that he saw a lot of questions around how to implement such a program.

Goldman buys Westpeak in drive for ‘smart beta’ assetsComments Off

Goldman Sachs Group Inc’s asset-management business has agreed to buy Westpeak Global Advisors, a firm that aims to beat market indexes by using factors other than company size to pick stock investments.

WhatsApp Reaches 500M UsersComments Off

WhatsApp has surpassed 500 million users. Facebook recently acquired the mobile messaging service in a cash-and-stock deal worth up to $19 billion.

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