WASHINGTON U.S. consumer spending in June advanced at its slowest pace in four months as demand for automobiles softened, suggesting the economy lost some momentum at the end of the second quarter.
ATHENS - Investors issued a vote of no confidence in Greece's economy on Monday, dumping Greek stocks as trading on the Athens stock exchange resumed for the first time in five weeks.
Nokia is handing over its Here mapping service to a group of German automakers, AUDI AG, BMW Group, and Daimler AG (which owns Mercedes).
The major automakers posted strong U.S. sales performances in July, as the auto industry creeps closer to its first full year of 17 million-unit sales since before the Great Recession.
... * HSBC sells Brazil unit at higher-than-expected price. * Deal helps Bradesco boost presence in high-end segment. * Bradesco preferred shares fall 4.1 percent.