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Business - BMW has a hydrogen-powered 5 Series

Battery-powered EVs are in the spotlight right now, but that doesn`t mean car manufacturers aren`t looking at alternative fuel sources. At its `Innovation Day` in France, BMW unveiled a prototype ...

Saturday, July 04, 2015  23:17


Business - Uber narrowly evades a ban in Canada`s largest city

Uber might be facing its worst nightmare in Europe, but it just got a big break in Canada. A Toronto judge has tossed out the city`s attempt to ban Uber (and by extension, other ridesharing services) on ...

Saturday, July 04, 2015  23:17


World - Dijsselbloem: Greece`s future tough whatever referendum outcome

AMSTERDAM (Reuters) - The chair of the council of euro zone finance ministers dismissed as `completely false` the assertion by Greek Finance Minister Yanis Varoufakis that Greece was not far off reaching a deal with its creditors. Jeroen Dijsselbloem, who is also Dutch finance minister, said that Greece faced a difficult future regardless of the outcome of Sunday`s referendum on whether to accept the a bailout, and that difficult fiscal measures were unavoidable. ...

Friday, July 03, 2015  13:38


Top Stories - 8 financial tips for college graduates

Learning to deal handle your own finances is a crucial part of adulthood.

Friday, July 03, 2015  16:25


World - EU, IMF heap pressure on Greece days ahead of crucial vote

The EU and IMF heaped pressure on Greece, warning of the perilous state of the country`s finances, days ahead of a controversial referendum that could determine its future in the eurozone. As Greece`s leftist leaders staked their political lives on the outcome of Sunday`s vote, the International Monetary Fund warned the country`s growth prospects had deteriorated dramatically since the Syriza party came to power in January.

Friday, July 03, 2015  09:05


World - How the Dow Jones industrial average fared on Thursday

Stocks ended a tumultuous trading week with a slight loss on Thursday as investors sought safety ahead of an extended Independence Day weekend. Investors sold after the release of a downbeat report from the International Monetary Fund on Greece`s finances as the country prepares for a Sunday vote on terms of its bailout. U.S. markets will be closed Friday.

Thursday, July 02, 2015  22:14


Europe - Greece needs even more money - IMF

Greece will need an extra 50bn euros over the next three years to stabilise its finances under the existing, disputed bailout plans, the IMF says.

Thursday, July 02, 2015  19:12


World - IMF warns Greece needs debt extension, may require writedown

The IMF warning in a preliminary draft of its latest debt sustainability report came as Greece readies for a Sunday referendum on an international bailout deal that Prime Minister Alexis Tsipras has urged voters to reject. The Washington-based institution, which is part of a `troika` that includes the European Commission and European Central Bank that is overseeing the bailout, said that even if Greek policies came back on track, loans made by Europe `will need to be extended significantly` and that the country would need further concessional financing.

Thursday, July 02, 2015  16:10


World - Environmentally friendly green bonds` growth spurt pauses

By Michael Connor NEW YORK (Reuters) - Issuance of green bonds for financing low-carbon transport and other environmentally friendly projects has flattened after tripling last year, with some companies seeing little price advantage and possibly higher costs from selling the debt.

Wednesday, July 01, 2015  16:10


America - Four Prominent Chilean Politicians Are Charged With Tax Fraud

These are the first politicians to appear before a court as prosecutors unravel a high-profile corruption case related to illegal campaign financing.

Wednesday, July 01, 2015  03:11

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