U.S. stocks fell on Monday as investors worried about Greek debt negotiations and disappointing Chinese economic data on top of uncertainty about U.S. interest rates.
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Audi (VOWG_p.DE) outsold German rival Mercedes-Benz in January, boosting deliveries by 10 percent to a record 137,700 cars on strong demand from China, the United States and Germany.
Five Czech banks have expressed interest in bidding for Citigroup's retail operations in the Czech Republic, newspaper E15 reported on Monday, without citing its sources.
Texas rancher Jim Rackley would like to add more cattle to his herd of about 50 to take advantage of sizzling beef prices and growing demand from health-conscious consumers for his grass-fed beef. But the prospect of cloudless skies keeps him cautious.
The Obama administration is pushing euro zone leaders to compromise more with Greece's new government as fears grow that a protracted budget stand-off could damage the global economy, the Financial Times reported on Sunday.
If Greece is forced out of the euro zone, other countries will inevitably follow and the currency bloc will collapse, Greek Finance Minister Yanis Varoufakis said on Sunday, in comments which drew a rebuke from Italy.
China's Alibaba Group Holding Ltd is taking a $590 million stake in an obscure domestic smartphone maker as the e-commerce giant tests ways to expand its mobile operating system in a shrinking, cut-throat handset market.
Standard Chartered Plc (STAN.L) will shift its retail banking focus to affluent clients from ordinary customers and urge them to bank online as part of a broader restructuring led by embattled CEO Peter Sands, a senior executive told Reuters.
Big U.S. banks say that a proposed Federal Reserve rule on higher capital requirements would penalize them if the dollar remains strong against the euro, as it would make their dollar-denominated assets and operations look larger relative to their European peers, the Wall Street Journal reported.
European stocks dipped and low-rated bond yields rose on Monday after dismal Chinese trade data and signs of increasingly fraught relations between Greece and its international creditors kept investors cautious.
