The world's biggest technology companies have agreed to lend financial support to a group meant to assist open-source software projects. Donations will also come in handy in the fight against the Heartbleed bug.
The world's second-largest carmaker, General Motors of the US, has reported a drastic plunge in first-quarter earnings. The company said the sobering result was mainly due to high recall costs and restructuring.
The business climate in Germany has rebounded after a drop in March caused by the Ukraine crisis. The rise in April has surprised analysts who expected another hit amid ongoing talk of sanctions against Russia.
French train maker Alstom has denied it has received an official offer for its shares from US engineering group General Electric. The denial, however, doesn’t silence takeover rumors reported earlier.