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The Magna consortium, which pledges to invest €700 million ($970 million) in Opel, has softened its position on job cuts and plant closings several times under pressure from German politicians. Magna's plan would leave GM with 35% of the company and Sberbank with a 35% stake, while Magna...
Knowing that Merkel is under pressure because she has made saving Opel a key campaign issue, GM could be using the threat of insolvency to pressure Berlin into providing more aid. Merkel and her political rivals, the Social Democrats, have come too far down this road to back out now...
The Austrian-Canadian Magna group and Italy's Fiat SpA remain the strongest bidders for Opel. Under pressure from trade unions and key leaders of German states where Opel operates, Berlin has appeared thus far to favor the plan presented by the Austrian billionaire Frank Stronach, whose Magna group is...
Some American doctors think the IOM, which is part of the National Academy of Sciences, could have gone even further in its recommendations for overweight women. Dr. Raul Artal, a professor of obstetrics at St. Louis University's School of Medicine, believes that more attention needs to be paid to...
The most radical change arrives this December, when European Union regulations will for the first time allow all rail operators to compete with one another for passengers on international routes. The change, which comes four years after similar moves in the freight sector, is designed to open up routes that...