Saab Reaches Deal to Use BMW Engines

Saab Automobile reached an agreement with Bayerische Motoren Werke AG that will let the Swedish automaker use BMW engines.

Initially, Saab will buy BMW engines for its 9-3 model, which is due to be launched late 2012, Bloomberg News reported without naming its sources.

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Spyker Cars NV, the Dutch company that owns Saab, said it “confirms that talks are ongoing and will give further…

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Saab Reaches Deal to Use BMW Engines originally appeared on DailyFinance on Mon, 27 Sep 2010 07:51:00.

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Southwest Buys AirTran as Airline Consolidation Continues

Southwest Airlines, one of the earliest discount airlines, will buy rival AirTran — another sign of consolidation in an industry that has witnessed the mergers of Northwest with Delta and United with Continental over the last …

New Citigroup Hire Lands $30 Million Pay Deal

Citigroup’s (C) newest energy banker Stephen Trauber could take home as much as $30 million over three years as part of his juicy new pay package with the bank.

Trauber, whom Citigroup poached from Swiss bank UBS (UBS), landed himself the deal just …

Apple iPhone 4 Demand in China Swamps Unicom

Apple’s iPhone 4 went on sale this weekend in China and shelves emptied as over 200,000 units were bought.
Continue reading Apple iPhone 4 Demand in China Swamps Unicom

Apple iPhone 4 Demand in C…