Greece to get 6 billion euros in bridge loans if no agreement at Eurogroup: report
BERLIN (Reuters) – Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission pr…
Greece’s creditors praise Athens’ cooperation before Friday’s Eurogroup
BRUSSELS (Reuters) – Greece’s creditors praised the government’s cooperation during negotiations to clinch a third bailout deal worth 85 billion euros ($94.78 billion) ahead of a meeting of euro zone finance ministers in Brussels on Friday.
Candy Crush creator King Digital forecasts lower bookings
(Reuters) – King Digital Entertainment Plc said second-quarter gross bookings fell 13 percent and forecast a further drop in the current quarter as its flagship Candy Crush Saga matures and game launches are delayed.
Samsung Electronics unveils high-end phones in search of sales boost
NEW YORK/SEOUL (Reuters) – Samsung Electronics Co Ltd unveiled a new Galaxy Note phablet and a larger version of its curved-screen S6 edge smartphone on Thursday, marking a fresh bid by the South Korean company to revive momentum in its handset busines…
Apple to delay live TV service to next year: Bloomberg
(Reuters) – Apple Inc will delay its live TV service to at least next year, Bloomberg reported, citing people familiar with the iPhone maker’s plans.
Exclusive: GM boosting production of big SUVs and trucks – sources
DETROIT (Reuters) – General Motors Co is boosting production of its highly profitable large SUVs and trucks to a pace that could result in 48,000 to 60,000 additional vehicles for the 2016 model year, in a bid to capitalize on rising demand, sources to…
Wall St. ends flat as energy shares drop with oil
(Reuters) – U.S. stocks finished flat on Thursday as a drop in energy shares offset a rebound in retail sales and stronger-than-expected Cisco results.
Coca-Cola names Quincey president, fuelling succession speculation
(Reuters) – Coca-Cola Co on Thursday named James Quincey president and chief operating officer, setting up the long-time company veteran to possibly one day take the helm of the world’s largest soda maker.
Kohl’s misses estimates on delayed back-to-school shopping
(Reuters) – Department store operator Kohl’s Corp reported lower-than-expected quarterly same-store sales as consumers delayed back-to-school shopping due to a shift in tax holidays to August.
Applied Materials revenue rises 9.9 percent
(Reuters) – Applied Materials Inc reported a 9.9 percent rise in quarterly revenue as chipmakers spent more on technology used to make smartphones and memory chips.
