Industries
Consumer Products & Retail
Chrysler dismantles electric car plans under Fiat
DETROIT, Nov 6 (Reuters) - Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid. Full Article
Technology, Media & Telecommunications
Mobistar eyeing Belgian KPN assets
BRUSSELS, Nov 7 (Reuters) - Mobistar , Belgium's second biggest mobile phone operator is looking into acquiring some of Dutch telecoms group KPN Belgian assets, a spokeswoman for the group said on Saturday. Full Article
Financial Services
Repsol may cut 2009 dividend by 19 pct-paper
MADRID, Nov 7 (Reuters) - Spain's Repsol may cut the dividend to be paid against its 2009 results by 19 percent from a year ago amid an expected sharp drop in earnings, El Economista newspaper said on Saturday, without citing a source. Full Article
Health & Drugs
Bioton has new CEO, main investor eyes biotech
WARSAW, Nov 7 (Reuters) - The Head of Poland's insulin maker Bioton , Janusz Guy, has stepped down and will be replaced by Slawomir Ziegert, the company said in a statement late on Friday. Full Article
Autos & Transport
Qantas, British Airways merger talks grounded
SYDNEY/LONDON (Reuters) - Australia's Qantas Airways and British Airways called off talks for a $6.4 billion merger, leaving the British carrier to consider other combinations with European peers as the sector grapples with falling demand and volatile fuel prices . Full Article
Market Update
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 76.05 | -2.55% | 11/07 03:52 IST |
| Gold | 1096.9 | +0.69% | 11/07 03:43 IST |
