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Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Huge storm batters South West

A MAJOR storm has battered southern parts of the UK, with winds of almost 100mph causing flooding and major travel disruption. The Met Office said wind reached more than 99mph on the Isle of Wight at 5am and the Environment Agency has issued 14 flood warnings for the South West, as well as 146 flood alerts for the rest of England and Wales. Both Severn bridges are closed, the A249 Sheppey Crossing in Kent is closed due to strong winds and there are 30mph speed limits on the Dartford Crossing in Kent There are also widespread reports of local roads in Cornwall, Dorset, Hampshire and Sussex blocked or closed due to fallen trees and flash flooding.

Korean Grand Prix (2013) RESULT

Korean Grand Prix (2013) RESULT It has looked for some of the F1 season that Mercedes – and particularly Lewis Hamilton – could get stuck in to Sebastian Vettel and slow down his race to another world championship, or that Fernando Alonso could make progress by stealth and put a stop to the German. But that all seems a distant thought as Vettel cruised almost serenely to a win in Korea, despite his lead being compromised at times by two safety cars and even a rogue Jeep fire tender on the track. Behind Vettel, who won by 4.2 seconds from the Lotus pair of Kimmi Raikkonen and Romain Grosjean, the best Vettel’s closest rival, Fernando Alonso, could manage was sixth, with Lewis Hamilton putting his Mercedes in fifth, behind Nico Hulkenberg.