| UPDATE 1-U.S. January auto sales pace weakens - exec ) marketing and sales chief said on Tuesday. "We did see a strengthening in the first week and a half or two weeks across the brands, but we have seen a little bit of weakening sin ...[more] |
| Private equity faces defaults time bomb-Alchemy LONDON, Jan 20 (Reuters) - Close to a third of the private equity industry's mid-market portfolio companies could fail as the economic downturn across Europe turns into recession, the head o ...[more] |
| UPDATE 2-Rohm and Haas plans to cut 900 jobs NEW YORK, Jan 20 (Reuters) - Rohm and Haas Co ROH.N said on Tuesday it plans to cut 900 jobs, or 5.5 percent of its workforce, in a bid to tackle the slump in demand and widespread market we ...[more] |
| WRAPUP 5-Fiat to take Chrysler stake as France readies aid * France eyes 5-6 billion euro auto bailout * Toyota names Toyoda family scion to lead company * BMW cuts hours for 26,000 workers (Recasts, adds Toyota announcement, U.S. ...[more] |
| Four Seasons debt talks may be extended - sources LONDON, Jan 20 (Reuters) - Care homes operator Four Seasons Health Care is unlikely to strike a deal over its debt before a deadline expires on Thursday, two sources familiar with the situat ...[more] |
| Toyota founder's grandson to head firm ) on Tuesday named Akio Toyoda, grandson of the company's founder, to head the world's biggest automaker and lead it through the global crisis that has slashed demand for cars worldwide. ...[more] |
| Fiat could raise Chrysler stake-vice-chairman "We can raise that," Elkann said. "It's a good deal ... we have already said that it's important to have consolidation in the auto sector," he added. For more on Fiat's dea ...[more] |
| METALS INSIDER: Nickel and the perils of false dawns Full article ...[more] |
| UPDATE 3-Fiat, Chrysler strike alliance amid crisis ) said on Tuesday it would be given a 35 percent stake in struggling U.S. automaker Chrysler LLC in exchange for access to technology and overseas markets in a deal underscoring the huge stress on ...[more] |
| UPDATE 1-Daimler still seeking to sell Chrysler stake * Says German state guarantees for finance arm an option
(Adds quotes, background, share price) FRANKFURT, Jan 20 (Reuters) - Daimler AG () still wants to sell i ...[more] |
| Fiat, Chrysler talks no mystery - Fiat shareholder ) talks with troubled U.S. car maker Chrysler are "not a mystery", the main shareholder of the Italian group said on Tuesday. "That we are talking is not a mystery," John Elkann to ...[more] |
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