U.S. appears ready to make commercial drone flights much easier

U.S. aviation regulators are preparing to ease commercial restrictions on small drones under a draft rule to be released Sunday, according to regulators and a government analysis that leaked over the weekend.


Eyes of the world on Greece

The coming week will go a long way to dictating whether Greece remains in the euro zone. A meeting of euro zone finance ministers on Monday is tasked with producing a deal that will keep Greece solvent and which is acceptable to both sides.

Greek finance minister says deal with EU will be done, 'even at eleventh hour'

Greek Finance Minister Yanis Varoufakis said on Saturday he believed Athens would reach an agreement with its EU lenders about the way out of its international bailout, "even at the last minute".

GM recalling 81,000-plus vehicles over steering problem

General Motors Co (GM.N) on Saturday recalled 81,123 cars because of concerns about their electric power steering systems. The recall is an expansion of one last year that recalled 1.3 million vehicles for steering problems. Saturday's recall covers 2006 and 2007 Chevrolet Malibu, Malibu Maxx and Pontiac G6 cars.


Latest News

China is planning an international tourism zone in its northeastern border area with Russia and North Korea, state news agency Xinhua said on Friday, in Pyongyang's latest push for new investment.
Euro zone gross domestic product (GDP) grew by more than expected in the final three months of 2014, data from the European statistics agency Eurostat showed on Friday, as the German economy accelerated.
United States Treasury Secretary Jack Lew called Greek Prime Minister Alexis Tsipras on Friday to express support for a favourable outcome in Greece's negotiations with its euro zone partners, Tsipras' office said in a statement on Friday.
Didi Dache and Kuaidi Dache, two of China's leading taxi-hailing apps, said on Saturday they would merge to create one of the world's largest smartphone-based transport services.
Apple Inc (AAPL.O) has a secret lab working on the creation of an Apple-branded electric car, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Japan is considering ending its 14-year-old, $10 billion currency swap agreement with South Korea amid a deterioration in relations between the two countries, a government source told Reuters on Saturday.
The United States on Friday eased restrictions on imports of goods and services from private Cuban entrepreneurs as part of Washington's rapprochement with Havana after more than half a century of enmity.
Venezuela will announce a change of policy soon on gasoline, the finance minister said in an interview broadcast on Friday, signaling the OPEC nation is moving ahead with along-awaited hike in the world's cheapest fuel.
General Motors Co (GM.N) said Thursday it will build a compact electric car at an assembly plant near Detroit, where it will invest $200 million for the project.
Italy's economy stagnated at the end of last year, marking the 14th consecutive quarter without any growth as an increase in exports was offset by weak domestic demand, data showed on Friday.