Car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles. Manufacturing will cease at company's Colmotores plant in Colombia from Friday, it said, while operations will halt at its factory in Ecuador at the end of August. In Colombia, the company is seeking permission from the labor ministry to lay off 850 workers, a spokesperson said.
Aon first-quarter profit missed estimates on Friday due to underperformance in its U.S. retail brokerage business, sending its shares down nearly 9%. While the company's retail brokerage revenue grew on the back of solid growth in EMEA, Asia and the Pacific, U.S. results faced pressure from lower net new business and the ongoing impacts from external capital markets activity, TD Cowen analysts said in a note. Still, interest income rose nearly six times to $28 million in the first quarter ended March, primarily due to interest earned on $5 billion investment of debt proceeds used to fund the purchase of NFP.
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Country | G | S | B | Total |
---|---|---|---|---|
United States | 39 | 41 | 33 | 113 |
China | 38 | 32 | 18 | 88 |
ROC | 20 | 28 | 23 | 71 |
Great Britain | 22 | 21 | 22 | 65 |
Japan | 27 | 14 | 17 | 58 |
Australia | 17 | 7 | 22 | 46 |
Italy | 10 | 10 | 20 | 40 |