Better late than never? Hyundai seeks to plug SUV gap
SEOUL (Reuters) – Hyundai Motor, whose sedan-heavy lineup has held it back in a U.S. market powered by sport utility vehicles, is considering developing larger SUVs based on its Genesis luxury sedan, four people familiar with the matter told Reuters.
GE close to selling private equity lender to top Canada pension fund
NEW YORK (Reuters) – General Electric Co is nearing an agreement to sell its private equity lending unit to the Canada Pension Plan Investment Board, Canada’s biggest pension fund, according to a source familiar with the matter.
Shire considers takeover of Swiss biotech group Actelion: Sunday Times
LONDON (Reuters) – Pharmaceutical company Shire is considering a 12 billion pound ($18.32 billion) takeover of Actelion Ltd Europe’s biggest biotech firm, Britain’s Sunday Times newspaper reported, citing unnamed sources.
Souring China business climate risks U.S. investment treaty talks
BEIJING (Reuters) – China and the United States will swap initial demands for an investment treaty as early as Monday, sources said, but U.S. investors are already worried that an emerging raft of Chinese regulations could threaten the future of talks….
EU chief rebukes Greece, demands swift debt plan
KRUEN, Germany (Reuters) – The European Union’s exasperation with Greece burst into the open on Sunday when its chief executive rebuked leftist Prime Minister Alexis Tsipras and warned that time was running out to conclude a debt deal to avert a damagi…
Airbus says hopes to resume A400M pre-delivery test flights soon
PARIS/MADRID (Reuters) – Airbus hopes to be able to restart production test flights of its A400M military aircraft soon, paving the way for a rapid resumption of deliveries that were halted following a recent crash, the company said on Sunday.
Greece needs ‘Speech of Hope’ from German leader: Varoufakis
ATHENS (Reuters) – Greece’s finance minister called on German Chancellor Angela Merkel to give his country a “Speech of Hope”, to signal Europe was ready to end its demands for austerity, similar to that given to Germany at the end of World War Two.
EU’s Juncker rebukes Greece’s Tsipras, urges swift proposals
KRUEN, Germany (Reuters) – European Commission President Jean-Claude Juncker accused Greek Prime Minister Alexis Tsipras on Sunday of distorting proposals by international creditors for a cash-for-reform deal to save Athens from default and urged him t…
Britain to unveil plans to clean up markets hit by rigging scandals
LONDON (Reuters) – Britain’s regulators will unveil plans on Wednesday that aim to clean up behavior in the financial markets, where banks have been fined billions of pounds for trying to rig currencies and interest rate benchmarks.
Pick-up continues as Greek drama plays on
LONDON (Reuters) – Economic indicators are this week expected to show signs of continued, if modest, progress in much of the world — all of which could be blown off course if the standoff between Greece and its lenders leads to a rupture in the euro z…
