The head of the Eurogroup said on Tuesday that a recent shakeup of Greek Prime Minister Alexis Tsipras' negotiating team would not by itself resolve the impasse between Greece and its creditors, and Athens would need new loans to stay afloat.
Sectors
World Bank plans help for regions in Iraq recaptured from Islamic State
The World Bank is seeking to finance development projects in areas in Iraq that the government has recaptured from Islamic State militants, its regional vice president said.
Absence of contagion changes whole Greek game
If fear of Europe-wide financial wildfire was Athens' trump card in its standoff with euro zone creditors - then the card has now turned up a dud.
GN Store Nord earnings below forecast on weak headset division
GN Store Nord reported first-quarter core profit a touch below forecasts on Wednesday and its shares fell as its headset division disappointed despite a strong performance by the larger hearing aid segment.
Samsung Elec overtook Apple as top smartphone maker in first quarter: Strategy Analytics
Samsung Electronics Co Ltd (005930.KS) overtook Apple Inc (AAPL.O) to recapture the title of world's top smartphone maker by volume in the first quarter of 2015, research firm Strategy Analytics said on Wednesday.
Latest News
As the Federal Reserve's policy-setting committee wraps up its third meeting of the year, a critical task awaits the U.S. central bank: narrowing the wide gap between how it and the markets view the path of interest rates.
Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas.
Twitter Inc (TWTR.N) posted quarterly revenue that missed Wall Street targets and cut its full-year revenue forecast due to weak demand for its new direct response advertising, sending its shares down as much as 24 percent on Tuesday.
Japan should aim to make nuclear energy account for between 20 and 22 percent of the country's electricity mix by 2030, with renewable energy making up slightly more, the industry ministry said on Tuesday.
Ford Motor Co (F.N) reported a first-quarter profit that was less than analysts expected, selling fewer vehicles in North America as it worked to increase production of the redesigned F-150 pickup truck, and losing money in South America.
The U.S. House Armed Services Committee's fiscal 2016 defense bill includes $1.15 billion in extra funding for 12 additional Boeing Co Super Hornet combat jets and $1 billion for six Lockheed Martin Corp F-35 B-model fighters.
China's Tencent Holdings Ltd launched on Tuesday an operating system for internet-connected devices such as TVs and watches that is open to all developers, taking on domestic rivals Alibaba Group Holding Ltd and Xiaomi Inc in the smart hardware space.
Huawei Technologies Co Ltd launched on Tuesday the Honor 4C smartphone, the latest bid by the Chinese technology firm to gain market share in the highly competitive budget handset segment from domestic rivals such as Xiaomi Inc.
The euro hovered near a three-week peak on Tuesday, boosted by renewed hopes that cash-strapped Greece could secure extra funding and as the dollar remained weak ahead of a U.S. Federal Reserve meeting that starts later in the day.
