General Motors Corp. Chairman and CEO Rick Wagoner announced today a far-reaching collaborative strategy to support the Chinese government’s pursuit of energy-efficient and environmentally friendly transportation that will be based on the principle of “in China, with China, for China.”

It's one thing to talk about the global economy. It's another to live it. But that's exactly what Cisco System's first-ever chief globalisation officer is doing. Wim Elfrink moved to Bangalore, India, at the beginning of this year to help oversee Cisco's $1.1 billion investment in the country and the construction of the company's first "globalisation centre."

The BMW Group has set course for a successful future with its strategic realignment. “We will consistently align the BMW Group to achieve profitability and increase value over the long term,” said Norbert Reithofer, Chairman of the Board of Management of BMW AG, on Thursday when he presented the new corporate strategy in Munich.

The BMW Group has set the course for a successful future with its strategic realignment. In their joint meeting on Thursday, the Board of Management and the Supervisory Board of BMW AG approved the cornerstones of the corporate strategy through 2020.

AT&T Inc. (NYSE:T) today announced that AT&T U-verse has been named "Best Business Strategy" by Stratecast, a subsidiary of Frost & Sullivan, a global growth consulting company. AT&T U-verseSM TV is the nation's largest deployment of IP-based television (IPTV) service and is currently offered to millions of households across nine states.

Nokia today announced that it is introducing a licensing and multisourcing model for its chipset strategy. This will allow Nokia to focus on its core competencies in chipset development, leverage external innovation, and foster competition in the chipset industry.

As part of its business growth strategy, GE Capital Solutions, Franchise Finance has purchased $13.3 million in restaurant loans from Citicorp Leasing Inc. The portfolio represents three borrower groups and 24 loans.