MG Rover collapse could cost private sector, ex-workers 1.1 bn dollars
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The collapse of carmaker MG Rover could cost Britain's private sector and former workers more than 600 million pounds (879 million euros, 1.1 billion dollars), an official report suggested.
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Loss-making MG Rover has already received millions of pounds from Shanghai Automotive Industry Corporation, the Chinese carmaker with which it is negotiating a strategic alliance.
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GOLD Fields management may have only themselves to blame for yesterday&#39;s bid by Harmony to take over their company, a move which, if successful, is likely to cost them their jobs.
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Chinese company Shanghai Automotive Industry Corp. may be ready to step in to save ailing British car manufacturer MG Rover, a media report said.
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Experts say the move could lead to suits against the U.S. or private companies.
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A new report into the failure of the Beagle mission to Mars has concluded that the failure can be linked to the Government&#39;s failure to commit money early enough.
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NASA (news - web sites)&#39;s Mars rover Opportunity will back its way out of a crater it has spent four months exploring after reaching terrain that appears too treacherous to tread.
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MG Rover is on the brink of a Â£1bn deal with a Chinese company that will help secure the future of its giant Longbridge plant. Under the joint venture with the Shanghai Automotive Corporation, a new company
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SYDNEY: Directors of a compensation fund for asbestos victims set up by embattled building products group James Hardie Industries said it could run out of money by April and be forced to close down.
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LOS ANGELES -- After months of studying rocks and searching for water, the Mars rover Opportunity is taking a look at some of the junk it left behind during its fiery descent last January.
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Business & money: Biggest share falls since height of credit crunch after US bank's $18bn write-off and Rock uncertainty grows
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LONDON  - Chinese company Shanghai Automotive Industry Corp. may be ready to step in to save ailing British car manufacturer MG Rover, a media report said.
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Business & money: Bank to see off shareholder revolt but hopes of private-sector rescue dwindle further
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AUBURN HILLS, Mich. -- Analysts say 10,000 hourly workers probably will lose their jobs as part of DaimlerChrysler's effort to cut costs at its Chrysler Group by more than $2 billion, or $1,000 for every car sold in the United States.
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Business & money: An emergency loan of Â£1.6bn and speculation about the sub-prime fallout have rocked the bank.
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Business & money: Blueprint to redevelop former MG Rover car plant unveiled by local authority leaders
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A collapse of these bond insurers would have serious ripple effects.