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Last updated: 13:59:38 Tuesday Dec 8, 2009


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  • VW says it acquires 49.9% stake in Porsche
    FRANKFURT (AFP) - German auto maker Volkswagen announced Monday that it had acquired a 49.9-percent stake in luxury sports car-maker Porsche for 3.9 billion euros (5.8 billion dollars).   Source:(AFP)   2009-12-07

    GM, China partner take aim at booming India market
    SHANGHAI/DETROIT (Reuters) - General Motors and its Chinese partner SAIC Motor are to make small cars and commercial vehicles in India, taking a successful 12-year Chinese partnership into one of the world's fastest growing auto markets.   Nations:India   Source:(Reuters)   2009-12-04

    Economic reports signal modest growth ahead
    NEW YORK - The economic recovery seems on track for slow but steady gains after new reports Tuesday showed growth in manufacturing activity, construction spending and contracts to buy homes.   Nations:South Korea   Activities:2008 U.S. Recession   Source:(AP)   2009-12-01

    Japan's debt-ridden govt plans new stimulus
    TOKYO (AFP) - Japan's debt-laden government said Monday it planned a new round of stimulus spending worth more than 31 billion dollars to prop up a feeble economic recovery that is threatened by the strong yen.   Source:(AFP)   2009-11-30

    4 killed at Fla. Thanksgiving, relative sought
    JUPITER, Fla. - A Florida man opened fire on his family after Thanksgiving dinner, killing his pregnant sister, 6-year-old cousin and two other relatives before speeding off and initiating a statewide manhunt, police said Friday.   Nations:U.S.   People:Michael Jordan   Source:(AP)   2009-11-27

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