GM Europe head says to sell Opel to Magna soon: report
FRANKFURT (Reuters) - General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper.
More bidders interested in Porsche stake: report
FRANKFURT (Reuters) - Three more bidders are interested in taking a stake in German sports car maker Porsche, rivaling investment plans by Qatar, German magazine Focus reported on Saturday.
Medici lawyer says Kohn didn't get Madoff payments
NEW YORK/VIENNA (Reuters) - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.
Teck to sell 17 percent stake to China for C$1.74 billion
TORONTO (Reuters) - Teck Resources <TCKb.TO> said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.