Greece hasn’t got the money to make June IMF repayment: interior minister
ATHENS/LONDON (Reuters) – Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors, its interior minister said on Sunday, the most explicit remarks yet from Athens about the likelih…
After bruising safety crisis, U.S. car watchdog shows its bite
WASHINGTON (Reuters) – The U.S. auto safety watchdog, long criticized as toothless and slow, is showing both bark and bite under its new boss – a testimony to his credentials as a safety expert and a hardening of the administration’s policy after a wav…
G7 finance ministers to address faltering global growth
LONDON (Reuters) – Finance ministers from the world’s largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil.
Iran says OPEC unlikely to change output ceiling: Mehr news agency
DUBAI (Reuters) – OPEC is unlikely to change its production ceiling when the group meets in June, Iran’s Oil Minister Bijan Zanganeh said on Sunday, according to the semi-official Mehr news agency.
Renault in Turkey offers concessions to striking workers
(This May 23 story has been corrected in paragraph 3 to clarify that the company will announce results of financial improvement studies, not pay adjustments, before Ramadan)
Fiat Chrysler CEO approached GM about a merger, was rebuffed: NYT
(Reuters) – As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New…
Daimler and Qualcomm to develop in-car tech, wireless charging
FRANKFURT (Reuters) – Carmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables.
Greek PM says on final stretch toward deal with lenders
ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity.
Daimler and Qualcomm to develop in-car tech, wireless charging
FRANKFURT (Reuters) – Carmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables.
Renault in Turkey offers concessions to striking workers
ANKARA (Reuters) – The Turkish arm of French carmaker Renault on Saturday offered concessions including future salary adjustments and a cash lump sum to striking workers if they return to work.
