Advertisement
UK markets close in 54 minutes

  • FTSE 100

    8,312.13
    +98.64 (+1.20%)
     

  • FTSE 250

    20,382.97
    +218.43 (+1.08%)
     

  • AIM

    775.93
    +4.40 (+0.57%)
     

  • GBP/EUR

    1.1652
    -0.0008 (-0.07%)
     

  • GBP/USD

    1.2555
    -0.0009 (-0.07%)
     

  • Bitcoin GBP

    50,364.57
    -490.68 (-0.96%)
     

  • CMC Crypto 200

    1,314.89
    -50.24 (-3.68%)
     

  • S&P 500

    5,188.82
    +8.08 (+0.16%)
     

  • DOW

    38,949.14
    +96.87 (+0.25%)
     

  • CRUDE OIL

    77.90
    -0.58 (-0.74%)
     

  • GOLD FUTURES

    2,329.70
    -1.50 (-0.06%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • DAX

    18,373.50
    +198.29 (+1.09%)
     

  • CAC 40

    8,053.65
    +57.01 (+0.71%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

GM says will shut Russian plant, wind down Opel brand

Reuters - UK Focus

MOSCOW, March 18 (Reuters) - General Motors Co said on Wednesday it would idle its car plant in St Petersburg and wind down its Opel brand, reducing its presence on the Russian mass market and resulting in around $600 million in special charges.

The charges will be recorded primarily in the first quarter of 2015, the company said in a statement announcing its decision to close the St Petersburg plant by the middle of 2015 for an unspecified time and wind down the Opel brand in Russia. (Reporting by Gleb Stolyarov and Maria Kiselyova, editing by Elizabeth Piper)