Fiat SpA plans to invest as much as 9 billion euros ($12.3 billion) on new models to end European losses in three years and revive nearly empty Italian factories, two people familiar with the matter said.
Germany’s government bonds were little changed, with 10-year yields about five basis points from the highest level in seven weeks, before a report analysts said will show industrial output rose in October.
European Union finance ministers will try to break a deadlock tomorrow on a euro-area bank-failure authority that the European Central Bank says is vital to the bloc’s efforts to prevent future financial crises.
Lindsey Vonn was “ecstatic” to make her first competitive ski run since February in a World Cup downhill in Canada, two weeks after re-injuring her surgically repaired right knee during a Colorado training run.
Spain will begin defense of its World Cup title against the Netherlands in a repeat of the 2010 final, a day after host and tournament favorite Brazil opens soccer’s monthlong showpiece against Croatia.
Chrysler Group LLC is seeking to lower the interest rate on a $2.9 billion loan for the second time this year, underscoring the boom in junk-rated financing that led the U.S. Federal Reserve to warn about excesses in the market.