USA 7s D2: Cup Quarters- Fiji 12-5 Wales (FT), Kenya 14-19 Samoa (FT), South Africa 24-5 Argentina (FT), NZ 12-7 England (FT), Bowl Quarters- Canada 29-0 Uruguay (FT), Scotland 14-15 Japan (FT),  France 5-21 USA (FT), Australia 31-0 Brazil (FT). Pool play- Argentina 14-12 USA (FT), NZ 12-5 Samoa (FT), France 5-33 South Africa (FT), Kenya 7-7 England (H2), Fiji 19-10 Canada (FT), Australia 10-7 Japan (FT), Wales 28-7 Uruguay (FT), Scotland  33-5 Brazil (FT).
Suva, Fiji
Temp: 75 °F / 23.9 °C
Wind: 0.0 KMH
INTERNATIONAL BUSINESS NEWS
January 12, 2010 12:35:57 PM

General Motors is still talking to Dutch sportscar maker Spyker about the sale of GM's Swedish car-making unit Saab after beginning a wind-down of operations last week, a source familiar with the talks said Monday.

Spyker is "the only one" with an "attractive" offer, the source said, adding that additional information may be available later in the week.

A GM spokesman said there was no new information on Saab after Friday's announcement of "an orderly wind-down" of its Swedish unit.

GM said at the time it would consider any late proposals for the brand even as it began shutting down operations. GM hired the consulting firm AlixPartners "to supervise the orderly wind-down of Saab."

The US auto giant, in the process of a massive restructuring after bankruptcy last year, said the process for Saab is expected to take several months.

Union leaders in Sweden blasted GM for moving to close the company at the same time as it is evaluating bids for the loss-making brand.

Saab employs 3,400 people in Sweden and is among the brands being shed by GM as part of a massive restructuring effort that began in 2005 and accelerated last year when the largest US automaker went bankrupt.

Analysts have warned that some 8,000 jobs could be lost with Saab's closure.

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