UNITED KINGDOM

EU to fine UPS, other logistics firms over cartel

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EU antitrust regulators are set to fine 13 logistics firms, including UPS, Panalpina and Expeditors, on Wednesday for taking part in a cartel, two people familiar with the matter said on Tuesday.
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BMW recalls 1.3 million cars worldwide

BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.
Guy Hands

Terra Firma Buys UK's Garden Centre Group For £276M

Terra Firma Capital Partners announced on Monday plans to acquire The Garden Centre Group from Lloyds Banking Group PLC for £276 million ($438 million) and rejuvenate the U.K.'s largest specialist retailer in gardening and plant products after years spent under the control of debtors.
Simon Cowell

Simon Cowell's Horror: Woman Breaks Into His House, 'Armed With a Brick'

Known world over for his blunt and often controversial criticism, the Britain's Got Talent judge became the victim of a shocking security lapse on Saturday night.A woman intruder entered his mansion, armed with a brick, and is believed to have sauntered around his West London home, lay down on his bed and walked into his bathroom. Cowell, to his horror, encountered her in the lounge area.
Would You Trust an Apple ‘iBank’ With All Your Money?

Apple iBank: What Are Odds Of Having One, And Will You Bank With It?

From an Apple fan's point of view, one could trust the Cupertino tech giant in terms of the wide range of products it offers to the customers. Parting with hundreds of dollars each year for laying hands on Apple gadgets does tell that story. But would you ever trust Apple with all your money? Would you trust Apple with your savings and consider banking with an iBank?
Medvedev and Putin

Russia Hardens Stand on Assad; Says Annan’s Offer Is Syria’s Last Chance

Russian President Dmitry Medvedev extended complete support to the UN-Arab League envoy in Syria, saying that Kofi Annan's resolution represented the last chance for preventing the violent insurgency from turning into a civil war. Medvedev's strong message to Syrian President Bashar al-Assad came close on the heels of US President Barack Obama announcing his plans to send non-lethal aid to the Syrian opposition.
Gasoline prices are shown at a gas station in Del Mar, California

Will Obama Release Oil From Strategic Reserve to Control Gas Prices?

With political pressures mounting, talk about the release of the strategic oil reserves has come back. Will the President decide to release the country's reserves in a last gasp effort to stem the gas price spike? And if he does, what kind of impact will it have on prices?

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