GM attitude hardened on bottom line

General Motors is a more hard-nosed carmaker since emerging from bankruptcy, with a new and determined board ‘in business to run the company’ in a shift from the previous complacent culture

• Berlin calls GM U-turn ‘unacceptable’

Citigroup boost for CDOs

One of the first emerging market collateralised debt obligations since the credit crunch began is being prepared by Citigroup bankers in a further sign of debt market thawing

Cadbury hit by cut in Kraft bid estimates

Shares in the company fall to their lowest level since Kraft revealed its indicative takeover offer two months ago as analysts lower forecasts of the US food group’s formal proposal

US media companies raise outlook

Americans are still willing to pay for cable TV, broadband and cinema tickets in spite of weak consumer spending, according to the first crop of third-quarter results from US media companies

US covered bonds set for comeback

The European covered bond market has overtaken 2008 levels, but can this move rekindle interest for covered bonds in the US, ask David Oakley and Nicole Bullock

Kraft dented by sluggish demand

Shares in the largest US food company fall more than 3% as its third-quarter results fail to deliver a boost that could increase the attractiveness of its offer for Cadbury

Green light for Disney’s Shanghai park

With estimated cost of $3.5bn, the park would be one of the biggest investments in China by an international company

Green light for Disney’s Shanghai park

With estimated cost of $3.5bn, the park would be one of the biggest investments in China by an international company