DaimlerChrysler Talks to Buy Mitsubishi Stake
DaimlerChrysler moves to gain a controlling stake in Mitsubishi Motors, signaling the German American group’s push into Asia amid global auto industry consolidation. Officials did not comment on talks about creating what would be the world’s third largest automaker behind General Motors and Ford. A Monday announcement was anticipated. A Frankfurt newspaper reported CEO Juergen Schremp? or Joe (unclear) at DaimlerChrysler involved in the talks.
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Rebels raid Samashki as Chechnya battles flare again
Rebels entered the village of Samashki in western Chechnya amid ongoing clashes across the republic. Four Russian police were killed by a mine near Grozny, as authorities warned of rebel attacks and heightened security before the presidential election.
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