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KKR, Varde and Deutsche buy GE Capital consumer finance arm for $6.3 billion

A consortium of private equity firm KKR & Co LP (KKR.N), alternative investment manager Varde Partners and Deutsche Bank (DBKGn.DE) has agreed to buy GE Capital's Australian and New Zealand consumer lending arm for A$8.2 billion ($6.26 billion).


Thousands to protest in Frankfurt against ECB 'austerity'

Thousands of people are expected to march in Frankfurt on Wednesday to protest against austerity policies they blame on the European Central Bank, as the ECB inaugurates its new high-rise headquarters.

Oil prices stabilizing, will continue to firm up: Saudi adviser

Oil prices have started to stabilize around $60 a barrel in past weeks and will continue to firm up, while crude demand will grow stronger, an adviser to Saudi Arabia's oil minister said on Sunday.

Rise of Turkish Islamic banks chimes with Erdogan's ideals

Selling fruit from a cart in a working-class neighborhood of Istanbul hasn't made Mehmet rich, but he's adamant his modest savings won't ever see the inside of a bank.


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Once depicted as a "Blue Banana" stretching from Manchester to Milan, Europe's industrial heartland has moved eastwards just as its political center of gravity has shifted to Germany.
Boeing Co (BA.N) has started using a new automated system to build wing panels for 737 jetliners, an important step in preparing to hit record production speeds while introducing new models of the popular plane.
Thousands of fans turned out on Saturday for the first Formula E electric car race in the United States, with organizers saying the event along downtown Miami's bayfront would help boost more energy efficient mainstream automobile technology.
Luxembourg's Griffin Real Estate and U.S. investment fund Pimco have agreed to buy Polish billionaire Michal Solowow's 41.55-percent stake in business space developer Echo Investment, the Polish company said late on Friday.
Australia expects to make a decision within weeks on whether it will seek to join the China-backed Asian Infrastructure Investment Bank (AIIB), Prime Minister Tony Abbott said on Saturday.
British finance minister George Osborne will allow pensioners to cash in annuities in exchange for lump sums in his annual budget next week, British newspapers reported, in a move designed to woo voters before a May national election.
China has a lot of room to maneuver its policy and boost its economy having avoided using strong, short-term stimulus in recent years, Premier Li Keqiang said on Sunday, in a rare suggestion that authorities can do much more to stoke growth.
Autopaying bills is a no-brainer. You are never late with a payment, and you do not have to spend all that time going through stacks of bills, filling out checks, and then stuffing and stamping envelopes.
Seeking to extend its range of secure mobile devices, BlackBerry Ltd said on Saturday it was launching a high-security tablet, developed with International Business Machines Corp and Samsung Electronics Co Ltd.
Chinese automaker BYD (1211.HK) Co Ltd (002594.SZ), backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N), aims to triple its production of batteries as it takes on Tesla Motors (TSLA.O) in the race to supply electric vehicles and boost energy storage.