German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-strapped euro zone nation's economic problems.
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Greece's Varoufakis warns of Grexit contagion
Greece's Finance Minister Yanis Varoufakis said in an interview broadcast on Sunday that if Greece were to leave the euro zone, there would be an inevitable contagion effect.
Grilled: Lexus seeks design edge over premium rivals
Big may be beautiful, but Toyota Motor Corp's (7203.T) global design chief is betting that edgy is the way to go for the Japanese automaker's premium Lexus brand, specifically its signature 'spindle grille' design.
Japan, U.S. ministers hail good start on trade talks
Japanese and U.S. ministers said that bilateral trade negotiations got off to a good start on Sunday and the two nations would continue to discuss remaining issues, such as farm and auto trade, on Monday.
PSA Peugeot Citroen and Dongfeng to develop small-car platform
PSA Peugeot Citroen (PEUP.PA) and China's Dongfeng Motor Group (0489.HK) will spend 200 million euros ($216 million) to develop a technology platform for small cars that will help to give them more products to boost sales in southeast Asia and China.
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A bill that would stop Texas cities from enacting their own bans on hydraulic fracturing in the nation's top crude oil and natural gas producing state was approved on Friday in the state House of Representatives.
China’s gross domestic product growth has slowed to 7 percent, it was announced this week. That’s somewhat anaemic when compared to what the world has come to expect from the second-largest economy.
The German government is on the verge of raising its growth forecasts for this year and next, but its new projections will be more conservative than those published by leading economic institutes earlier this week, two government sources told Reuters.
Start small, win quick, then move on to bigger issues. That appears to be the European Union's strategy to pursue Google (GOOGL.O) in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software.
Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five billion euros into Athens' depleted state coffers.
The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects."
BMW (BMWG.DE) is recalling 91,800 Mini Coopers in the United States to replace a defective sensor that may prevent the front passenger seat air bag from deploying in a crash, the German automaker said on Saturday.
Greece will need to tap all the remaining cash reserves across its public sector -- a total of 2 billion euros ($2.16 billion) -- to pay civil service wages and pensions at the end of the month, according to finance ministry officials.
Crude futures fell from 2015 peaks in choppy trading on Friday, but Brent's 9.6 percent weekly gain was its biggest in more than five years as Middle East turmoil and signs of lower U.S. production lifted prices.
