United Auto Workers President Ron Gettelfinger on Thursday urged the U.S. government to provide another $25 billion (16 billion pound) in loans to struggling U.S. automakers so that they can meet their healthcare obligations to over 780,000 retirees and their dependents.

Ukraine welcomes $4.5bn stand-by IMF loan
Ukraine will receive initial loans worth $4.5bn in the next few days to bolster the crisis-hit economy under the International Monetary Fund’s bail-out package, say officials in Kiev.