IMF and EU mission to Greece takes breather after progress
BRUSSELS (Reuters) – Greece’s international lenders called a temporary halt to their latest mission to Athens on Sunday, saying they had made good progress and expected to resume talks with the government soon.
France says will negotiate on Sunday-trading dispute
PARIS (Reuters) – France’s government is ready to negotiate with retailers on Sunday-trading laws, though not on late-night shopping, after two retailers decided to stay open despite the threat of legal action.
Sony’s PS4 tops Xbox One as gamers’ holiday choice: Reuters/Ipsos poll
SAN FRANCISCO (Reuters) – More U.S. shoppers prefer Sony Corp’s upcoming PlayStation 4 than Microsoft Corp’s Xbox One, according to a Reuters/Ipsos poll, as the industry’s two leading videogame console makers prepare to do battle this holiday season.
SEC, billionaire Mark Cuban set for insider trading trial
(Reuters) – Mark Cuban, the billionaire who regularly sits courtside to cheer on his Dallas Mavericks basketball team, is heading to a court of a different kind on Monday.
Asian, Gulf banks fill void in plane finance: Airbus executive
DUBAI (Reuters) – Cash-rich Asian and Middle Eastern lenders are taking a larger share of the $100 billion global aircraft financing market as Western rivals step back due to the liquidity crunch and stricter regulations, a top executive at Airbus said…
ArcelorMittal sells majority of Algerian unit to state
PARIS (Reuters) – Steelmaker ArcelorMittal said it will sell a majority stake in its Algerian operations to the Algerian state as part of a $763 million investment agreement.
A Fed love story: Janet Yellen meets her match
(Reuters) – Janet Yellen found love at the Federal Reserve. She met him at a luncheon in 1977, launching a whirlwind romance that led to marriage in less than a year.
Siemens cuts 15,000 jobs in six billion euro savings drive
MUNICH, Germany (Reuters) – Siemens is to shed 15,000 jobs over the next year, a third of them in Germany, as part of a 6 billion euro ($8.1 billion) cost cutting program, a spokesman said on Sunday.
Analysis: Euro zone current account surplus puts Germany in dock
LONDON (Reuters) – A sharp rise in the euro zone’s current account surplus puts the focus firmly on what Germany’s new government can do to boost consumption and revive investment in Europe’s largest economy.
France says to negotiate on Sunday trading but not on late-night shopping
PARIS (Reuters) – France’s government is ready to negotiate with retailers on Sunday-trading laws, though not on late-night shopping, after two retailers decided to stay open despite the threat of legal action.