G.M. Executive Quits Over Opel Decision The New York Times | DETROIT - The head of European operations for General Motors quit on Friday after the automaker backed out of a deal to sell its Opel brand, a decision that has angered German workers and government officials. | The executive, Carl-Peter Forster, was expected to run Opel after a majority stake was...
GM eyeing bailout funds to shore up Opel plant NZ Herald 4:00AM Saturday Nov 07, 2009 | DETROIT: General Motors' top executive said yesterday that the carmaker could tap some of its US$50 billion ($69.4 billion) in US government aid to help restructure GM's European Opel unit. | The statement came as thousands of Opel workers walked off the job across Ger...
Turning Happy Hour Into a Global Job Search The New York Times | A baseball game was on television, the mechanical bull was waiting to thrash and dozens of women in business suits and heels were partaking liberally of after-work drink specials at Johnny Utah's, a bar in midtown Manhattan. | On another night, Mic...
GM eyeing bailout funds to shore up Opel plant NZ Herald 4:00AM Saturday Nov 07, 2009 | DETROIT: General Motors' top executive said yesterday that the carmaker could tap some of its US$50 billion ($69.4 billion) in US government aid to help restructure GM's European Opel unit. | The statement came as thous...
France, Poland develop nuclear ties NZ Herald 4:00AM Saturday Nov 07, 2009 | PARIS: France pledged yesterday to help Poland develop nuclear power plants and deepen co-operation on energy policy, a move which could help Poland lessen its dependence on natural gas from Russia. | Poland will send s...
CBS showcases Russian MMA star in latest bid to capture young male viewers on Saturdays Star Tribune | Fedor Emelianenko is ready for his close-up. | The Russian mixed martial artist will no longer be his sport's least-seen superstar after Saturday night, when CBS showcases his Strikeforce debut against Brett Rogers to a national audience. | The scr...
AP / Martin Meissner
GM to axe 10,000 Opel jobs Al Jazeera | General Motors, the US carmaker, has said it plans to cut about 10,000 jobs at Opel, its European division, a day after it announced that it had decided to retain control of the ...
India's $6.7bn taste for gold sends price soaring The Times | The gold spot price hit a new high of $1,078 an ounce yesterday after India said that it would buy 200 tonnes of the precious metal from the International Monetary Fund (IMF). | ...
Bulgaria warns Russia on oil pipeline ecology The Guardian SOFIA, Nov 3 (Reuters) - Bulgaria will walk out of a Russian-backed trans-Balkan oil pipeline project if Moscow fails to provide guarantees the link would not damage Black Sea beac...
Magna focusing on core business after Opel saga The Guardian * Magna not looking to buy a stake in any other automakers * Q3 profit $0.45/share vs year-ago share loss of $1.93 * Sales down 16 pct to $4.67 billion * Analysts expected loss of $0.19/share, rev of $4.53 bln (Updates throughout, adds CEO comment fr...
Putin slams GM over Opel reversal The Himalayan | MOSCOW: Russian Prime Minister Vladimir Putin slammed US auto giant GM on Thursday over its decision to cancel the sale of Opel to a Canadian-Russian consortium, saying Moscow would draw a "lesson" from the move. | "The last-minute withdrawal from ...
IMF reserve proposal may stall in emerging markets The Guardian * IMF common reserve proposal may not achieve rebalancing * Emerging markets unlikely to forgo accumulating reserves * Diversification out of U.S. dollars may be the answer By Ana Nicolaci da Costa BRASILIA, Nov 5 (Reuters) - An IMF proposal to build...
GM eyeing bailout funds to shore up Opel plant NZ Herald 4:00AM Saturday Nov 07, 2009 | DETROIT: General Motors' top executive said yesterday that the carmaker could tap some of its US$50 billion ($69.4 billion) in US government aid to help restructure GM's European Opel unit. | The statement came as thousands of Opel workers walked off the job across Germany in protest at GM's decision to abandon the un...