UNITED KINGDOM

Opel May Close Two European Factories - Reports

Workers wait in front of the Opel plant of Bochum
Rumors of factory closings swirl around General Motors Co.'s German subsidy Opel, even as the company leads the way in sales of its electric Ampera, the European version of the Chevy Volt.
The Wall Street sign is seen in front of the New York Stock Exchange

Markets Bob Up, Down on Slow News Day: Daily Markets Wrap

Markets bobbed up and down Wednesday on conflicting data as to what the U.S. economic picture will look like in the near term. Investors spent the day dealing with conflicting sentiments: a less-than-enthusiastic housing report on the one hand, a view that the U.S. economy is generally getting better on the other.
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Chancellor George Osborne handles newly minted one pound coins during a visit to the Royal Mint in Cardiff

Before Key Political Development, Fitch Issues Warning On UK Credit

Paris-based credit rating agency Fitch warned the government of the United Kingdom Thursday that the country still stood to lose its sterling AAA rating were the economic situation in Europe to deteriorate further. The action came at a politically sensitive time for Britain.
Goldman Sachs have been fined again for trading non-public information

Goldman Sachs Loses $2.15 Billion of Its Market Value

The shares of Goldman Sachs dropped 3.4 percent in New York trading Wednesday, wiping $2.15 billion off its market value following allegations made by a former company executive that the firm took little interest in the clients and was also involved in exploiting them.
Syria's President Bashar al-Assad (R) meets U.N.-Arab League envoy Kofi Annan in Damascus March 10, 2012, in this handout photograph released by Syria's national news agency SANA.

Seeking Ceasefire In Syria, Kofi Annan Meets Bashar Al-Assad

In the latest attempt to bring the bloodshed in Syria to a speedy conclusion, Kofi Annan, the United Nations-Arab League special envoy, met with Bashar al-Assad, the country's president, in the capital city of Damascus on Saturday -- with little or no success.
Cruise ship

Carnival Swings To Loss In Fiscal 2012 1Q

The world's largest cruise line operator Carnival Corp. (NYSE: CCL) swung to a loss, as rising fuel costs and one-time write downs offset an increase in revenue, while the Costa Concordia tragedy had little effect on the bottom line.

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