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GM Europe: Negotiations For Sale Of Opel Unit Nearing Completion (AP) Negotiations for the sale of General Motors Corp.'s unit Adam Opel GmbH to Canadian autoparts maker Magna are progressing well and should soon be complete, the head of GM Europe said in remarks released Saturday. Carl-Peter Forster was quoted as telling the Frankfurter Allgemeine Zeitung that he hoped the sale of Opel to Magna International Inc. could be complete by mid-July. "It's only about the details," he was quoted as telling the FAZ, according to a copy of remarks released before their publication in the newspaper Sunday. "After the meeting between the heads of GM and Magna, I am extremely confident a comprehensive agreement can be reached," Forster said. Last week Magna chief executive Siegfried Wolf said his company "wants to come to an agreement by... [read full story]
Thanksgiving holiday travelers are paying a lot more for gasoline this year than they did a year ago, according to AAA Arizona. Statewide, the average price of a gallon of regular self-serve gas stands at $2.61, up about a...
WELLINGTON, Nov 26 (Reuters) - The New Zealand dollar NZD= retreated from its highs on Thursday, in tandem with the Aussie dollar which fell on weaker-than-expected investment data. * Kiwi settles around $0.7290, having edged...
ISLE OF WIGHT — The 120 former workers at International Paper's shuttered lumber mill near Franklin will be eligible for federal assistance under the Trade Adjustment Assistance Program, Sens. Jim Webb and Mark R. Warner said...
Honda FCX Clarity Review [Pic in URL] The new Honda FCX Clarity is the world's first commercially available fuel-cell vehicle that has reached Europe – although you can't buy one yet. The FCX Clarity wafts like the best...
