GM's Opel has no plans to shut more factories at moment: CEO
EISENACH, Germany (Reuters) - General Motors Co's (GM.N) European Opel division has no plans for further factory closures at the moment, interim Chief Executive Thomas Sedran said on Thursday.
The stricken European car market may shrink by 4 percent this year, Sedran said at a ceremony at Opel's plant in Eisenach, Germany.
Ruesselsheim-based Opel confirmed plans in December to shut a factory in Bochum, Germany.
(Reporting by Peter Maushagen; Writing by Andreas Cremer)
NEW YORK, March 8 (Reuters-peHUB) - The auction of JP Morgan Chase's private equity business, One Equity Partners, in the market since at least November, has hit an impasse, according to three people with knowledge of the situation.
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BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.