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...
The False Promise of 1989 The New York Times | FLORENCE - Twenty years is not a very long time in history but the fall of the Berlin Wall already seems like another era. The euphoria, confidence and excitement that accompanied that event were overtaken in short order by cynicism, fear and doubt resulting, according to some quarters at least, f...
Too early to end stimulus - G20 officials Business Report | By Jane Wardell | Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured, but failed to reach a clear agreement to bear the cost of fighting climate change. ...
East Germany given R15 trillion since Wall fell: study Business Report | Submit your comment | United Germany transferred some 1.3 trillion euros (R15 trillion) to the former communist east in the years after the fall of the Berlin Wall to help prop up the depressed region, a study published Sunday showed. | The ...
Communist consumer goods make comeback Business Report | Submit your comment | Once the butt of jokes the world over, communist-era East European goods from sweets, to rustic washing machines and clunky cars are all the rage again. | As the world prepares to mark the 20th anniversary of the fall o...
Opel unions see autonomy as precondition to talks The Guardian * GM must demonstrate cooperation, not confrontation -labour * Must offer same degree of freedom as Magna did -labour (Rewrites, adding comments from Klaus Franz) FRANKFURT, Nov 8 (Reuters) - Opel's top German labour leader said on Sunday he was will...
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 ...
Germany wants GM's Opel plans as fast as possible The Boston Globe | BERLIN-German Economy Minister Rainer Bruederle called Wednesday on Co. to present its restructuring plan for Opel as soon as possible and vowed to get back the euro1.5 billion (...
Berlin Wall now in pieces across USA USA Today Updated | Comment | Recommend | | | By Whitney Curtis for USA TODAY Baxter Watson, left, and Bob Hawkins stand next to "Breakthrough," a sculpture made...
Global crisis a chance to change business: Nobel laureate Business Report | Wolfsburg, Germany - Nobel Peace Laureate Muhammad Yunus calls the global economic crisis "an excellent opportunity to reflect and redesign" businesses, and devote creative ones to solving social problems. | Yunus, who with his Grameen Bank - which...
Nashville attractions and culture have wide appeal Nashville Tennessean Next Page 1 | 2 | 3 | 4 Previous Page | Cowboy boots and country music could give Nashville a leg up attracting overseas soccer fans. | And it doesn't hurt that Graceland is down the road and the Jack Daniel Distillery is 90 minutes away, to name two...
Prairie on the Lake Star Tribune | This Prairie-style home nestled on a hillside looks like a Frank Lloyd Wright creation. That's because it was designed by John Howe, Wright's chief draftsman for more than 25 years. The Orono home, built in 1978, overlooks Lake Minnetonka's Stubbs ...
General Motors CEO Henderson says parties working to sign deal to sell stake in Opel Star Tribune | INCHEON, South Korea - General Motors Co. CEO Fritz Henderson said intense discussions were still under way to complete the sale of its German auto unit Opel, though stopped short of guaranteeing an agreement would be signed this week. | Canadian autoparts supplier Magna International Inc. along with Russia's state-owned Sberbank agreed to buy a ...
GM board to reconsider Opel in early November DNA India | Detroit / Frankfurt: General Motors will decide in early November whether to proceed with a deal to sell its European arm Opel to a group led by Canada's Magna or to seize a new opportunity to keep the unit after seven months of grinding negotiations. | GM's chief Opel negotiator, John Smith, said on Friday that the automaker's board of directors...