World Business News

ender is ready to rock the Nasdaq.The iconic guitar maker filed Thursday to sell as much as $200 million worth of shares in an initial public offering. The company plans to trade under the symbol FNDR.

GKN is reportedly in advanced talks to buy the aircraft engine unit of Volvo.

China will manage its $3.2 trillion of foreign currency reserves more creatively to ensure "effective" results, its central bank said on Monday, as it vowed to work harder to free the country's tightly controlled financial markets.

The chairwoman of watchmaker Swatch Group (UHR.VX) hopes to see double-digit sales growth this year, she told a newspaper on Sunday.