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.
IBT Staff Reporter
Sep 10, 2009
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.
IBT Staff Reporter
Sep 10, 2009
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.
IBT Staff Reporter
Sep 10, 2009
Opel's senior labor leader threatened General Motors that the European carmaker's workforce would not pitch in to reduce some $1.2 billion in costs if Detroit retains control of Opel.
IBT Staff Reporter
Sep 03, 2009
Opel's senior labor leader threatened General Motors GM.UL that the European carmaker's workforce would not pitch in to reduce $1.2 billion in costs if Detroit retains control of Opel.
IBT Staff Reporter
Sep 03, 2009
Musicians from 40 countries gathered in the heart of former Nazi-occupied Poland on Tuesday to mark the outbreak of World War Two with a concert to persuade people making music is better than waging war.
IBT Staff Reporter
Sep 01, 2009
Russian Prime Minister Vladimir Putin rebuffed criticism on Tuesday of Moscow's role just before World War Two during ceremonies marking the 70th anniversary of Nazi Germany's invasion of Poland.
IBT Staff Reporter
Sep 01, 2009
Wearing flip-flops, khaki shorts and a green polo shirt, the new chief executive of bailed-out insurer American International Group Inc says he's getting a lot of work done from his massive villa overlooking the Adriatic.
IBT Staff Reporter
Aug 27, 2009
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.
IBT Staff Reporter
Aug 25, 2009
General Motors may make clear within the next 24 hours whether it wants to keep its European carmaker Opel rather than sell it, a German labor representative said on Tuesday.
IBT Staff Reporter
Aug 25, 2009
General Motors may make clear, within the next 24 hours, whether it wants to keep its European carmaker Opel rather than sell it, a German labor representative said on Tuesday.
IBT Staff Reporter
Aug 25, 2009
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.
IBT Staff Reporter
Aug 21, 2009
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.
IBT Staff Reporter
Aug 21, 2009
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.
IBT Staff Reporter
Aug 21, 2009
Germany could provide 4.5 billion euros ($6.35 billion) in state aid for carmaker Opel if General Motors chooses Canada's Magna, Berlin's favored suitor, as the buyer, a minister said.
IBT Staff Reporter
Aug 19, 2009
Germany could provide 4.5 billion euros ($6.35 billion) in upfront state aid for carmaker Opel if General Motors picks Canada's Magna, Berlin's favored suitor, as the buyer, a top official said.
IBT Staff Reporter
Aug 19, 2009
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.
IBT Staff Reporter
Aug 17, 2009
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.
IBT Staff Reporter
Aug 14, 2009
Several polish nationalists have accused Madonna of being
IBT Staff Reporter
Aug 14, 2009
A group of Polish nationalists condemned on Thursday a planned weekend concert by pop diva Madonna in Warsaw, branding her a
IBT Staff Reporter
Aug 14, 2009
Microsoft Corp has started accepting submission of mobile phone software applications from registered developers.
IBT Staff Reporter
Jul 28, 2009
Political and economic logic are set to collide in the byzantine decision-making over the future of German carmaker Opel, the main European arm of fallen U.S. auto giant General Motors.
IBT Staff Reporter
Jul 20, 2009
