Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to sideline embattled Finance Minister Yanis Varoufakis to a less active role in negotiations.
Wall Street was higher at the open on Monday and the Nasdaq inched closer to its record intraday high ahead of Apple's (AAPL.O) results after the close.
A flood of cheap money risks creating bubbles in financial markets if interest rates remain low for a long period, European Central Bank Governing Council member Erkki Liikanen was quoted as saying on Sunday.
Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase, the agency said on Monday.
Jaki Kweka is that rare breed of gourmet chocolatier. She makes fine chocolate in Africa using local African ingredients.
One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialized nations. With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative.
Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.
Cap Gemini plans to buy United States-based IGATE Corp for $4 billion cash to make North America its biggest market and is raising its sales outlook for 2015 after a solid first-quarter, the French IT services company said on Monday.
World shares hit a new high on Monday, led by China, though the global rally faded in Europe as investors looked ahead to central bank meetings in the United States and worried over Greece.
China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing pushes forward a sweeping plan to overhaul the country's underperforming state sector, state media reported on Monday.
The dollar steadied in the lower half of an increasingly intransigent range on Monday, after sliding late last week following another round of disappointing U.S. economic data.
The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group will be conspicuously absent: retail brokerages.
Brent crude prices held near a 4-1/2 month high above $65 a barrel on Monday, supported by concerns about fighting in Yemen disrupting Middle East supplies and signs that U.S. shale output may have started to decline.
Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel agreed in a phone conversation on Sunday to maintain contact during talks between Athens and its lenders to reach a debt deal, a Greek government official said.
Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much.
"We're going bust." "No, you're not." "You're strangling us." "No we're not." "You owe us for World War Two." "We gave already."
At least five investment banks are vying to win a mandate from Banca Popolare di Milano (BPM) (PMII.MI) and find it a partner as Italian cooperative lenders gear up for a wave of mergers following a landmark reform of the sector.
Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.
Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones. "Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in China. These reports are false," Nokia said in a statement posted on its website.
Steven Polasck of Corpus Christi, Texas, liked math and science in high school. He considered attending a four-year college but ultimately decided to use his strengths to get a two-year degree in instrumentation from Texas State Technical College. He has not looked back.
The premier of the German state of Lower Saxony, which owns 20 percent of Volkswagen (VOWG_p.DE), said the resignation of VW Chairman Ferdinand Piech announced on Saturday was necessary to create clarity about the carmaker's leadership.
BlackBerry Ltd is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters.
- Cap Gemini to buy U.S.-based IGATE for $4 billion, raises 2015 outlook
- Pop Milano sits pretty as Italy cooperative banks brace for M&A
- India's Ratan Tata buys stake in Chinese phone maker Xiaomi
- No decision yet on Mistral, France's Hollande says
- Comcast plans to drop Time Warner Cable bid: Bloomberg
- ConocoPhillips weighs sale of North sea assets in Norway - Bloomberg
- Russian tycoon to fund restoration of ancient Roman basilica
- Spotify nears deal to raise $400 mln, valuing it at $8.4 billion: WSJ
- India's Ola raises about $314 million in fresh funding: company filing
- China charity law set to boost public trust in charities
- Cerberus seeks over $3 billion for private equity fund
- Shakespeare's Globe theaters sets stage for new funding for culture
- Chinese banks must cut coal lending, shift to cleaner businesses: study
- China overhauling IPO process, mulls foreign firms listing: report
- Swedish watchdog may raise banks' reserves to cool housing market
- U.S. presses Mexico to ease poultry import limits brought by bird flu
- Texas House approves bill that limits city bans on fracking
- Google's EU showdown offers openings to competitors
- 17-Year Old and Other Teen Millionaires: How to Become a Young Millionaire?
- Apple's Tim Cook will give away all his money: Fortune
- Charlie Sparks: A Sorcerer's Tale Book Review: An Odyssey to the Colorful Magical World of Silver Springs
- Benedict XVI on 2nd year after resignation, Pope Francis grateful for smooth transition
- 5 Reasons Why Grammar Nazis are the Worst
- Steve Jobs bio says Disney CEO kept Jobs' condition a secret: Bloomberg
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- Cost of Galaxy's battle against iPhone on the rise
- Google rolls out new U.S. wireless service
- BP must remain British, says Whitehall: Kemp
- Microsoft profit, revenue beats Wall Street view; shares up
- Costs for Germany's nuclear exit could rise to $75 billion
- Nokia denies return to phone manufacturing
- Greece reshuffles EU/IMF negotiating team after Riga debacle
- Xerox cuts 2015 profit forecast due to strong dollar