Posts Tagged ‘Loan’

Obama & Sarkozy accuse Iran to obtain nuclear weaponry

Sunday, June 7th, 2009

(PTI): One day after the IAEA confirmed the non-diversion of Iran’s nuclear program, the presidents of France and the US accuse Iran of attempting to obtain nuclear weaponry.

In its latest report on Iran’s nuclear program, released on Friday, the International Atomic Energy Agency (IAEA) “continues to verify the non-diversion of declared nuclear (more…)

General Motors to sell its Saturn brand to Penske Automotive Group

Sunday, June 7th, 2009

(PTI): Troubled US automaker General Motors has reached a preliminary deal to sell its Saturn Brand to Penske Automotive Group.

This is the second sale of a brand announced by GM since it filed for bankruptcy protection on Monday due to a sharp decline in sales.

Under the deal, Penske, the No. 2 US auto dealership group, would acquire rights to the Saturn brand, service (more…)