Germany blames US on failure of Opel rescue talks

Talks aimed at saving General Motors Europes Opel unit broke down amid acrimony between Germany and the US...

Talks aimed at saving General Motors Europes Opel unit broke down amid acrimony between Germany and the US on Thursday as fears mounted for tens of thousands of jobs across Europe. The marathon negotiations were aimed at finding a suitable buyer for GMs struggling European operations,with the German government willing to offer billions of euros (dollars) in loan guarantees to any potential investor.

But at the last minute,GM and the US said they needed an extra 300 million euros in temporary loans from Germany to keep Opel afloat.

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Chief Minister Sukhvinder Singh Sukhu has expressed grief over the accident and directed the officials to expedite the rescue operations, an official statement issued here said.

18 killed in Himachal as landslide hits bus: ‘whole mountain came crashing down’

Cities35 min ago

A massive landslide in Himachal Pradesh's Bilaspur district struck a private bus, resulting in the death of at least 18 passengers. The accident occurred in the Bhalughat area and rescue operations are ongoing with slim chances of survival. Chief Minister Sukhvinder Singh Sukhu expressed grief and directed officials to expedite rescue efforts. Intermittent rains have been hindering the operations.

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