| Pope Car Auction Ends Without Sale
SAN FRANCISCO (AP) -- A 1999 metallic gray Volkswagen Golf believed to once belong to the pope went up for sale on eBay, but the auction ended Saturday without a winner.
For the second time in two years, eBay hosted an auction for a car said to be Pope Benedict XVI's old hatchback. Though bids surpassed $204,000, a reserve price wasn't met.
The car's owner, a Texas-based online casino, GoldenPalace.com, bought the car in 2005 on eBay from a German man. The casino had posted two German automobile registration documents that list "Josef Kardinal Ratzinger" as the vehicle's previous owner.
A spokeswoman for eBay, Catherine Fisher, said she did not know what the seller's minimum price was. A message left with GoldenPalace.com was not immediately returned Saturday evening.
GM bidding on Chrysler
CHICAGO -- General Motors Corp. has a non-cash bid on the table to buy the struggling U.S. division of DaimlerChrysler AG and is considered a "long-shot candidate," according to a report in the Detroit News. The newspaper said GM's January offer was initially rejected but remains active as other potential buyers prepare to make proposals this week.
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PRESS NOTE - AUCTION FOR SALE (RE-ISSUE) OF GOVERNMENT STOCK
Government of India have announced the sale (re-issue) of 8.07 per cent Government Stock, 2017 for a notified amount of Rs.6,000 crore (nominal) through a price based auction using multiple price auction method. The auction will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on April 27, 2007(Friday).
Up to 5% of the notified amount of the sale of the stock will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
Bids in the prescribed form obtainable from the Regional Director, Reserve Bank of India, Mumbai Office (Public Debt Office), Fort, Mumbai-400 001 and RBI website www.rbi.org.in should be submitted to that Office on April 27, 2007.
Auction sites bite back on touts
Internet auction sites have been criticised by concert promoters, who view them as enemy number one in the fight against ticket touts. Here two such sites - eBay and viagogo - defend their position. The scene is familiar to music lovers up and down the land. You hammer the telephone, open numerous windows on the internet, but you still fail to get your hands on a ticket for your favourite band. .
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