(The following statement was released by the rating agency) CHICAGO, August 27 (Fitch) Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of General Motors Company (GM) and its General Motors Holdings LLC (GM Holdings) subsidiary at 'BB+'. In addition, Fitch has affirmed GM Holdings' secured revolving credit facility rating at 'BBB-' and GM's senior unsecured notes rating at 'BB+'. The Rating Outlook for GM and GM Holdings is Positive. Fitch has also affirmed the long-term IDRs and
Aug 27 - McDonald's Corp said on Wednesday its board's compensation committee approved a 10.7 percent salary increase for David Hoffmann, president of the fast-food chain's Asia/Pacific, Middle East and Africa unit, which has been battered by weakness in China and Japan.
* State fuel retailer subsidy plan led to panic buying (Recasts with meeting between incoming and outgoing leaders)
* Lagarde under formal investigation for alleged negligence
MOSCOW, Aug 27 - Western sanctions over the Ukraine crisis could force some executives at Russian firms with foreign passports to give up certain duties, complicating life at the top of some of the country's largest companies.
PARIS - IMF chief Christine Lagarde has been put under formal investigation by French magistrates for negligence in a political fraud affair dating from 2008 when she was finance minister.
* RBS writing to customers inviting them to raise concerns
AMSTERDAM, Aug 27 - Tonnes of tomatoes, pears and apples were being dumped by Dutch farmers on Wednesday as they signed up for compensation after prices plunged in response to Russian sanctions on Western food imports, officials said.
TOKYO, Aug 27 - Tokyo Electric Power Co said on Wednesday it would start supplying power to customers in areas controlled by other regional monopolies, as a shake-up in Japan's electricity industry since the Fukushima disaster gathers pace.
- When Washington eliminated corporate tax deductions on health insurance executive compensation above $500,000 under President Barack Obama's healthcare reform law in 2013, it generated more than $72 million in additional tax revenue for the U.S. government, a left-leaning think tank said on Wednesday.
Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.