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GM to sell Opel to Magna with conditions: sources

The board of General Motors has decided to sell its European arm Opel to Canadian auto parts group Magna , but has attached strings to the sale, sources familiar with the situation told Reuters.

GM to end months of suspense on Opel

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General Motors was set to end months of suspense over the fate of its Opel unit on Thursday and announce whether it plans to sell the European carmaker to one of two rival bidders.

GM to unveil Opel decision

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General Motors was set to end months of suspense over the fate of its Opel unit on Thursday and announce whether it plans to sell the European carmaker to one of two rival bidders.
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GM negotiator to meet with Opel task force

General Motors' chief negotiator in the sale of Opel will on Tuesday meet a task force created by the German government to discuss the U.S. carmaker's plans for the European unit, a German politician said.
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GM board weighs Opel bids, takes no action

General Motors Co said on Friday its board had not picked a winning bidder for Opel after convening to discuss the automaker's options, leaving the fate of its German unit still uncertain after months of high-stakes negotiations.
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GM leans toward Magna for Opel deal: sources

General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.
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GM leans toward Magna for Opel deal -sources

General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.
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Swedbank calls surprise $2.1 billion rights issue

Swedbank will raise 15 billion Swedish crowns ($2.1 billion) in a rights issue to boost a balance sheet hit by bad debts in the Baltics, the bank said on Monday, after saying in June it didn't need more capital.
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Polish village prays for Madonna to visit

Pop diva Madonna may have upset some Catholic Poles by timing her debut Polish concert to coincide with a big religious holiday on Saturday, but she is sure of a warm welcome if she visits the tiny village of Rumin.
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RHJ and Magna face off in bid for Opel

Belgium-based investor RHJ International is offering 275 million euros ($388 million) for a majority stake in General Motors' Opel business in a last-ditch bid to beat early frontrunner Magna.
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Medvedev threatens U.S. over missile shield

Russian President Dmitry Medvedev warned the United States Friday that if it did not reach agreement with Russia on plans for missile defense systems, Moscow would deploy rockets in an enclave near Poland.
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Obama, in Russia, praises democracy, blasts graft

President Barack Obama appealed to the Russian people on Tuesday to join the United States in overcoming past differences and building a prosperous democratic future free of corruption and the threat of nuclear war.
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Obama arrives in Russia, confident of progress

President Barack Obama, opening a visit to Russia intended to mend strained relations, said on Monday he was confident of extraordinary progress if both sides worked hard together during his trip.
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Russia hopes Obama visit restores trust: Kremlin

Russia hopes next week's visit by U.S. President Barack Obama will help restore confidence between the two biggest nuclear powers, a Kremlin aide said on Friday, after strains over Georgia and a U.S. missile shield plan.

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