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GM Europe head says to sell Opel to Magna soon: report (Reuters) 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 (Reuters)

The sign VW-Porsche is pictured at the back of a VW-Porsche 914 car at a dealer in Bochum May 7, 2009.REUTERS/Ina FassbenderReuters - 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 (Reuters) 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 (Reuters)

Teck Resources President and Chief Executive Officer Donald Lindsay speaks to shareholders during the annual general meeting in Vancouver British Columbia April 26, 2006. REUTERS/Lyle StaffordReuters - 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.


Earnings to set tone for stocks in week ahead (Reuters)

A trader works the floor of the New York Stock Exchange June 23, 2009. REUTERS/Eric ThayerReuters - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.