Many issues remain unsolved between Greece and its lenders and agreement at next Monday's Eurogroup meeting of euro zone finance ministers is now not possible, Eurogroup chair Jeroen Dijsselbloem said.
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GM expects to fall short of 2017 electric vehicles target
General Motors Co said it will fall short of its goal of having 500,000 GM vehicles on U.S. roads by 2017 that are powered by some form of electricity.
Energy, transport deals on the agenda as China's Xi visits Russia
Energy, transport and finance deals are likely to be on the agenda as Chinese President Xi Jinping meets his Russian counterpart Vladimir Putin during a three-day visit to Russia, where he will attend World War Two commemorations.
Oil on verge of weekly decline despite strong China imports
Crude oil prices edged down on Friday, set for their first weekly decline in more than a month as concerns over a global supply glut outweighed strong Chinese crude imports.
Nike backs Obama on trade with pledge to create 10,000 U.S. jobs
Sports shoe maker Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 U.S.-based manufacturing jobs if the pact is approved.
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China's leaders, caught off guard by a sharp economic slowdown and worried about the risk of job losses, are likely to resort to fiscal stimulus to revive growth after a run of monetary policy easings proved less effective, policy insiders said.
The U.S. government said on Wednesday it will start keeping more cash on hand for when it can't tap debt markets, a measure that could help it pay bills during a natural disaster or a cyber attack.
Federal Reserve Chair Janet Yellen on Wednesday said high equity valuations could pose potential dangers but that stability risks across the U.S. financial system remained in check.
Tesla Motors Inc (TSLA.O) Wednesday reported a wider first-quarter net loss, but outperformed expectations and stuck to key milestones for the year ahead despite pressure on margins.
Greece's euro zone partners are not discussing the prospect of the country leaving the currency union and might offer concessions to Athens' original bailout program, Portugal's finance minister said on Tuesday.
China has put in place rules to protect private investors and expand opportunities in infrastructure and utility projects, the country's top planning agency said on Tuesday, as the government seeks help revitalizing a stuttering economy.
Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.
Shares of Salesforce.com Inc (CRM.N) jumped 6.2 percent in late afternoon trading on Tuesday, after Bloomberg reported that Microsoft Corp (MSFT.O) is evaluating a bid for the cloud software provider.
New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar.
