Automaker General Motors Co. (MTLQQ.PK) will begin paying back its debt to the United States and Canadian governments earlier than expected, reports said, citing person familiar with the company's plans.
GM reportedly plans to make first payment of about $1 billion at the end of the December. G.M.'s board approved the repayment to the government, reports noted, after discussions with the Treasury Department.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.