EU in last-ditch bid to Greece, urges 'yes' vote to bailout

ATHENS - The head of the European Commission made a last-minute offer to try to persuade Greek Prime Minister Alexis Tsipras to accept a bailout deal he has rejected before a referendum on Sunday which EU partners say will be a choice of whether to stay in the euro. | Video

Recent Business News

Alstom chief confident GE deal will get EU approval

PARIS - The chief executive of French engineering group Alstom SA is confident the planned sale of the group's power business to General Electric Co will win European Union approval, he was quoted saying in a newspaper interview.

29 Jun 2015

Puerto Rico governor calls for bankruptcy; adviser says island 'insolvent'

NEW YORK - Puerto Rico's governor on Monday called for the commonwealth to be allowed to restructure its debts under U.S. bankruptcy code, while a newly appointed adviser to the U.S. territory said it is "insolvent" and will soon run out of cash. | Video

2:33am EDT

Exclusive: Amazon looks to offer loans to sellers in China, seven other countries

CHICAGO - Inc will start a business loan program for small sellers in the United Kingdom on Tuesday and is looking to launch it this year in seven more countries including China.

Tech, China 29 Jun 2015

Second-quarter M&A close to record amid mega deals

NEW YORK/LONDON - Mergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share.

MetLife accuses U.S. risk panel of secrecy; demands access to records

WASHINGTON - MetLife asked a federal judge on Monday to force the U.S. government to hand over 500 pages of confidential records that relate to financial regulators' decision to designate the insurance giant as systemically important.


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