Chinese firms pour money into U.S. R&D in shift to innovation
WASHINGTON(Reuters) – Surging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world’s factory floor to a driver of innovation…
Greece’s Tsipras presented proposal to EU leaders: PM’s office
ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras presented Greece’s proposal for a deal during phone talks on Sunday with German Chancellor Angela Merkel, French President Francois Hollande and EU Commission President Jean-Claude Juncker, his off…
EU’s Juncker, Greek PM Tspiras hold telephone talks
BRUSSELS (Reuters) – European Commission President Jean-Claude Juncker spoke to Greek Prime Minister Alexis Tsipras on Saturday and will speak again on Sunday to seek a solution to Athens’ debt crisis, an EU official said on condition of anonymity.
Greek drama nears final act, ending uncertain
LONDON (Reuters) – Euro zone leaders will attend an emergency summit on Monday, hoping to thrash out a plan with Athens to provide Greece with additional funds to prevent it defaulting on its debt — but only if both sides play ball.
China to promote cross-border e-commerce as incomes rise
BEIJING (Reuters) – China will increase support for cross-border e-commerce as the world’s second-largest economy shifts from manufacturing to higher-value services, the government said.
Anthem offers $47 billion for Cigna as insurers race for a deal
NEW YORK (Reuters) – U.S. health insurer Anthem Inc said on Saturday it had offered $47 billion in cash and stock for smaller rival Cigna Corp , signaling a pick-up in the industry’s long-awaited consolidation.
Greece mulls next move as clock ticks on debt talks
ATHENS (Reuters) – Greece’s left-wing government promised on Saturday to offer concessions to creditors to unlock billions of euros in funds and stave off default but kept a defiant anti-austerity tone ahead of a vital summit of euro zone leaders next …
Spain’s Gestamp to open U.S. facility to supply Volkswagen: source
BERLIN (Reuters) – Spanish automotive supplier Gestamp is planning to open a new pressing facility to supply Volkswagen’s production in Chattanooga, Tennessee, a source familiar with the matter told Reuters.
Greece will try to bring more to the table in debt talks: minister
ATHENS (Reuters) – Greece will try to bring more to the table in negotiations for a debt deal and Prime Minister Alexis Tsipras will probably speak with European Commission chief Jean-Claude Juncker by phone on Saturday to try to end the deadlock, a Gr…
Greece says ECB won’t let its banks collapse
ATHENS (Reuters) – The European Central Bank will not allow Greek lenders to collapse as this would create a domino effect and topple banks in other parts of Europe, a Greek state minister said on Saturday.
