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Milano Design Week 2004

In its 43rd year the Salone Internazionale del Mobile (international furniture fair) finally takes on a new, more encompassing name: Milano Design Week 04. The reason for this change in quite simply a question of numbers; the week long fair is no longer only a platform for furniture manufacturers to show their latest collections, it is an enormous manifestation of all that is designed from everywhere in the world. Therefore, and understandably, an event that hosts the Salone Internazionale del Mobile (home ware and furniture), Eurocucina (bathrooms), EIMU (office furniture), Tessile (fabrics), Salone Satellite (young designers), Dining Design, Designing Designers, Material ConneXion, and Street Dining Design deserved a more noble title.

Saab seeking court protection from creditors? It adds up

Saab seeking protection from creditors Another day, another Saab story. But the reports that Saab are to seek the protection of the courts in Sweden from the actions of creditors does ring true. And it does add up.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.