Advertisement
Singapore markets close in 2 hours 3 minutes
  • Straits Times Index

    3,285.35
    -2.40 (-0.07%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,709.95
    +425.41 (+2.46%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,434.61
    +181.01 (+0.28%)
     
  • CMC Crypto 200

    1,388.54
    -8.00 (-0.57%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,352.80
    +10.30 (+0.44%)
     
  • Crude Oil

    83.95
    +0.38 (+0.45%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,573.88
    +4.63 (+0.30%)
     
  • Jakarta Composite Index

    7,115.99
    -39.31 (-0.55%)
     
  • PSE Index

    6,593.84
    +18.96 (+0.29%)
     

UK minister to meet Peugeot CEO on Friday over takeover of GM's Vauxhall

The logo of French car maker Peugeot is seen at a dealership in Nice, France, February 23, 2017. REUTERS/Eric Gaillard

LONDON (Reuters) - Britain's business minister Greg Clark will meet the chief executive of Peugeot (PEUP.PA) on Friday as the French carmaker explores the takeover of General Motors' European division, known as Vauxhall in Britain and Opel on the continent.

Carlos Tavares is due to meet the head of Britain's biggest union Unite on Friday morning in London and has already discussed the deal, which has raised concerns about possible site closures and job losses, with Prime Minister Theresa May by phone.

"There will be a meeting between Carlos Tavares and Greg Clark tomorrow," a business ministry spokesman told Reuters on Thursday.

(Reporting by Costas Pitas; editing by Stephen Addison)