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Greece may seek up to 24 billion euros in first new aid tranche: paper

ATHENS - Greece may seek 24 billion euros in a first tranche of bailout aid from international lenders in August to prop up its banks and repay debts falling due at the ECB, a pro-government Greek newspaper said in its early Sunday editions.

Recent Business News

Puerto Rico will fail to make Aug.1 payment, signaling default

- Puerto Rico will miss a payment on debt due Aug. 1, the governor's chief of staff said on Friday, an event that will be considered a default by investors as the commonwealth lurches towards what could be one of the largest U.S. municipal debt restructurings in history.

31 Jul 2015

Wall Street ends lower as weak oil weighs

- Wall Street ended on a sour note on Friday as a drop in energy stocks eclipsed wage data that supported expectations that the U.S. Federal Reserve might hold off on an interest rate. | Video

31 Jul 2015

Yahoo buys fashion website Polyvore

- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.

Tech, Deals 31 Jul 2015

Tumbling oil prices slam profit at Exxon Mobil, Chevron

- Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. | Video

31 Jul 2015

Who needs the Fed? The rate hike cometh on its own

NEW YORK - As traders, market pundits and economists jaw over whether the Federal Reserve this year will lift its benchmark lending rate for the first time in almost a decade, several corners of the U.S. bond market are not waiting around.

31 Jul 2015

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