Don't miss

Replay


LATEST SHOWS

FOCUS

Philippines moves towards allowing divorce

Read more

THE INTERVIEW

'We are seeking a new deal', Pompeo advisor says on Iran

Read more

ENCORE!

Hugh Coltman serves up a New Orleans-inspired musical gumbo

Read more

ENCORE!

Music show: Opera singer Lawrence Brownlee, Snow Patrol & Natalie Prass

Read more

PERSPECTIVE

Are there other universes like ours?

Read more

BUSINESS DAILY

US Congress rolls back some crisis-era bank regulation

Read more

IN THE PRESS

Philip Roth: Polarising, prolific, provocative

Read more

IN THE PRESS

Is Zuckerberg's 'apology tour' just a Facebook-sized middle finger to Europe?

Read more

EYE ON AFRICA

Burkina Faso anti-terror raid leaves several dead

Read more

Business

US court clears way for Chrysler-Fiat deal

Latest update : 2009-05-06

A US court approved Tuesday a fast-track sale plan proposed by the White House to shore up bankrupt carmaker Chrysler. This decision clears the way for a possible partnership with Italian manufacturer Fiat.

AFP - A US bankruptcy judge approved Tuesday a fast-track sale plan proposed by the Obama administration to shore up ailing automaker Chrysler, clearing the way for a possible partnership with Fiat.
   
At the end of a hearing that lasted nearly eight hours, federal bankruptcy judge Arthur Gonzales rejected the arguments from a group of Chrysler lenders who called "illegal" the restructuring plan unveiled last Thursday by the iconic US automaker and the government.

Date created : 2009-05-06

COMMENT(S)