Germany’s Schaeuble offers Varoufakis chocolate euros for his nerves
BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble has offered to give his Greek counterpart some chocolate euro coins as “nourishment for his nerves.”
Crunch time for Greece; U.S. and Chinese data in focus
LONDON (Reuters) – Years of uncertainty and economic pain spent keeping Greece in the euro zone boils down in June to a handful of make-or-break debt repayments, while a raft of key data in the next few days will point to the progress of the global eco…
Micromanaging new CEO impresses at Malaysia Airlines but doubts run deep
SINGAPORE/KUALA LUMPUR (Reuters) – New CEO Christoph Mueller’s plans for troubled Malaysia Airlines – including a new brand, a smaller fleet and one third less staff – are widely seen as a promising blueprint for a fresh start.
Airbus sees ‘several hundred’ orders at Paris Airshow
PARIS (Reuters) – Airbus could announce “several hundred” airplane orders at the June 15-21 Paris Airshow, Fabrice Bregier, chief executive of the planemaking unit of Airbus Group, said on Saturday.
Policies working, ECB must persist with purchase programs: Constancio
SITGES, Spain (Reuters) – The European Central Bank’s monetary policy, aimed at raising inflation in the euro zone area, is working according to plan, ECB vice president Vitor Constancio said on Saturday, citing recent figures.
Greece open to compromise to seal deal this week: interior minister
ATHENS (Reuters) – Greece’s government is confident of reaching a deal with its creditors this week and is open to pushing back parts of its anti-austerity program to make that happen, the country’s interior minister said Saturday.
Policies working, ECB must persist with purchase programmes – Constancio
SITGES, Spain (Reuters) – The European Central Bank’s monetary policy, aimed at raising inflation in the euro zone area, is working according to plan, ECB vice president Vitor Constancio said on Saturday, citing recent figures.
Exclusive: Stifel in lead to buy Barclays’ U.S. wealth unit – sources
(Reuters) – Investment bank Stifel Financial Corp is in advanced negotiations to acquire Barclays Plc’s U.S wealth management unit, according to three people familiar with the situation.
Strong sales could shift Ford, GM to higher gear
NEW YORK (Reuters) – Shares of U.S. automakers may finally be able to accelerate.
Wall St. ends down after weak economic data but gains in May
(Reuters) – U.S. stocks closed lower on Friday as data showed the economy contracted in the first quarter but indexes still posted gains for the month.
