Saturday, October 10, 2015   

Opel aims to return to profit in 2015
(04-14 18:21)

Loss-making German automaker Opel, a unit of General Motors, could steer back to profit as early as next year, its chief said in an interview on Monday.
"If everything goes well, theoretically that can't be ruled out,'' even if the official target remains 2016, Karl-Thomas Neumann told the Wall Street Journal.
Opel has been running at a loss of years and has embarked on a deep restructuring, closing its plant in Antwerp, Belgium, and its factory in Bochum, Germany, to shut its doors at the end of this year.
The launch of new models such as the sporty compact Adam and the small sports utility vehicle Mokka, has started bringing customers back. --AFP
Other Business breaking news:
Malaysia central bank wants state fund prosecuted (10-09 20:36)
Oil prices touch new high at US$53.61 (10-09 20:33)
HK, China stocks close higher (10-09 17:09)
Sri Lanka national carrier rewarded for hospitality (10-09 15:56)
Positive start for Europe equities (10-09 15:49)
Nikkei closes higher (10-09 14:22)
Volkswagen trust takes a beating on cheating in US hearings (10-09 13:48)
Ex-banker pleads guilty in US$1.2b Rothstein Ponzi scam in US (10-09 13:41)
Global worries kept Fed from raising rates, minutes show (10-09 13:33)
Asia computer shipments stable, survey finds (10-09 12:43)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.