Find out what's going on in the world of jewelry, from the latest trends on the runway, to the hottest Hollywood styles and the most interesting jewelry news bytes.

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The Canadian parts supplier has partnered with Toronto equity firm Onex Corp. to bid for Chrysler, "news from Latvia and the world in Russian the indications are, Mercedes would like to stay with a small stake," Stronach said. He noted he is open to shaving other firms join the bid but declined to disclose further details about the status of the Chrysler negotiations.

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