Greece wants EU/IMF deal but impasse could bring referendum: deputy PM
ATHENS (Reuters) – Greece aims for a deal with its creditors over a reforms package but will not retreat from its red lines, the country’s deputy prime minister told the Sunday newspaper To Vima, not ruling out a referendum or early polls if talks reac…
IMF nations point to exchange rate, geopolitical risks
WASHINGTON (Reuters) – The International Monetary Fund’s member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of “moderate” global growth and “uneven prospects.”
BMW recalls 91,800 Mini Coopers to fix air-bag sensor
WASHINGTON (Reuters) – BMW is recalling 91,800 Mini Coopers in the United States to replace a defective sensor that may prevent the front passenger seat air bag from deploying in a crash, the German automaker said on Saturday.
Thousands in Germany protest against Europe-U.S. trade deal
BERLIN (Reuters) – Thousands of people marched in Berlin, Munich and other German cities on Saturday in protest against a planned free trade deal between Europe and the United States that they fear will erode food, labor and environmental standards.
Russia denies German report it is ready to sign gas deal with Greece
MOSCOW/BERLIN (Reuters) – Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five billion euros into Athens’ depleted state coffers.
Ukraine meets with investors in effort to strike debt deal
WASHINGTON (Reuters) – Ukrainian authorities met with investors in Washington on Friday as part of an effort to secure agreement on extending maturities of bonds issued by state-run Ukreximbank.
Taurus revamp debuts in China as Ford counters U.S. sedan slump
SHANGHAI/DETROIT (Reuters) – Ford Motor Co’s global premiere of its redesigned Taurus sedan in China underscores a shift in its U.S. home market from the big sedan to roomier, utilitarian crossover SUVs.
Deutsche Bank leans toward limited revamp with Postbank sale: sources
FRANKFURT (Reuters) – Deutsche Bank will sell Postbank but keep a pared back own-brand retail business in the overhaul plan currently favored by management, sources familiar with the internal discussions at Germany’s biggest lender said.
Grilled: Lexus seeks design edge over premium rivals
BEIJING (Reuters) – Big may be beautiful, but Toyota Motor Corp’s global design chief is betting that edgy is the way to go for the Japanese automaker’s premium Lexus brand, specifically its signature ‘spindle grille’ design.
Wall Street falls steeply with China, Greece fears paramount
(Reuters) – The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings.
