According to latest media reports, Dutch auto maker Spyker Cars has submitted a new bid to acquire General Motors' (MTLQQ.PK) Swedish brand Saab. While submitting its revised offer, Spyker said it is confident to overcome the issues that led to the collapse of the deal as reported last Friday. GM on that day said that unsolvable issues had arisen in plans to sell Saab to Spyker and as a result it has decided to wind down the unit. Spyker's new offer will expire on Monday.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.