Word: berlins
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...abandon her previous plan to force GM to sell a controlling stake in its European business to a consortium of Canadian-Austrian car-parts maker Magna International and Russia's Sberbank. According to the German tabloid Bild, the German government has told GM's chief negotiator, John Smith, that Berlin will consider GM's preferred investor, the Belgian industrial group RHJI, as long as it teams up with a partner from the automotive industry. (See TIME's photo-essay "GM's Eight Great Hopes...
...needs a European manufacturing base. At the very least, GM wants to avoid creating a new competitor by providing the dowry for a tie-up among Magna, Sberbank and Opel. So on Aug. 21, the GM board rejected Merkel's plan and sent point man Smith back to Berlin. (Read "Busting Out: German Pol Plays the Cleavage Card...
...that day, he left for Germany to meet Chancellor Angela Merkel on the last leg of his European jaunt. Though Merkel has always been careful to avoid pressuring Israel in public on the issue, German officials have said the Chancellor will remind Netanyahu during their meeting on Thursday of Berlin's position that all settlement activity in the West Bank be halted and that a final peace agreement be based on a two-state solution. (See pictures of life under Hamas in Gaza...
...only German car manufacturers turned on by the dream of electric cars. Volkswagen says it will launch an electric car by 2013, while Daimler, the maker of powerful gas-guzzling Mercedes-Benz limousines, has teamed up with power utility RWE for a series of electric-car tests in Berlin...
Caster Semenya was greeted by a rapturous crowd on Tuesday when she returned to her native South Africa after claiming the women's 800-m gold medal at the World Athletics Championships in Berlin. But speculation surrounding the legitimacy of her title continues to rumble on after a British newspaper revealed that doping officials had found the 18-year-old athlete's testosterone levels to be three times as high as those normally expected in a female...