Euro zone not preparing third Greek bailout so far: official
BRUSSELS (Reuters) – The euro zone is not making any preparations for a third bailout for Greece and will consider it only if expressly asked by Athens, which has not happened so far, a senior euro zone official said on Thursday.
Microsoft CEO signals new course with Office for iPad
SAN FRANCISCO (Reuters) – Microsoft Corp’s new Chief Executive Officer, Satya Nadella, finally unveiled Office for Apple Inc’s iPad in a polished debut that set him apart from his energetic predecessor while signaling his plans to make mobile apps the …
Wal-Mart sues Visa for $5 billion over card swipe fees
(Reuters) – Wal-Mart Stores Inc this week sued Visa Inc for $5 billion, accusing the credit and debit card network of excessively high card swipe fees, several months after the retailer opted out of a class action settlement between merchants and Visa …
Economic ‘honeymoon’ between Germany and China fades
BERLIN (Reuters) – As Xi Jinping prepares to make the first trip to Germany by a Chinese president in eight years, lofty goals to boost trade between the world’s top exporters look hopelessly out of reach, and German firms are beginning to rethink thei…
GM says new part number will avoid possible confusion on recall repair
(Reuters) – General Motors Co said on Thursday the replacement ignition switch it has ordered to use in a massive passenger car recall will bear a new part number, a step that “eliminates any potential confusion about which part to use in the repair,” …
Settlement progress seen in Silicon Valley hiring lawsuit
SAN JOSE, California (Reuters) – Apple Inc, Google Inc and two other Silicon Valley companies are making progress toward settling a closely watched lawsuit where tech workers allege the companies conspired to avoid competing for each other’s employees …
Morrisons boss waives bonus after profit warning
(Reuters) – The chief executive of Wm Morrison Supermarkets is to waive his annual bonus after Britain’s No. 4 grocer posted a 13 percent slump in 2013-2014 profit and issued a huge profit warning for the current year.
Alstom shares sink on risk of fine in U.S. bribery probe
PARIS/WASHINGTON (Reuters) – Alstom shares fell sharply on investors’ fears that the French engineering firm could face a heavy fine from the U.S. Justice Department as a result of a bribery investigation that has spread across Asia.
Vivendi to examine Bouygues SFR offer: sources
PARIS (Reuters) – Vivendi will examine the latest Bouygues offer for its SFR telecoms subsidiary while respecting a three-week exclusivity period for talks with a rival bidder, two sources familiar with the matter said.
Qatar buys helicopters, missiles in $23 billion arms deals
DOHA (Reuters) – Qatar announced contracts worth about $23 billion on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co , Airbus and other arms makers as the Gulf state accelerates its military build-up.