- U.S. stocks fell at the open on Monday after Greece rejected debt bailout terms, increasing the uncertainty over the future of the country's euro zone membership.
Recent Business News
CHANTILLY, France - French carmaker Renault on Monday launched its new Talisman model, replacing the Laguna at the top of its private passenger vehicle range in the hope it will do better against the German competition.
BEIJING - General Motors Co vehicle sales in China were roughly flat for June as broad price cuts introduced earlier in the year failed to boost demand.
FRANKFURT - Talks between Lufthansa and pilots' union Vereinigung Cockpit on entering mediation have failed, raising the prospect of strikes at the height of the summer travel season, the union said on Monday.
LONDON - Britain is planning to sell half its stake in Royal Bank of Scotland , worth 16 billion pounds ($25 billion), within two years of a possible first sale in September, according to people with knowledge of government thinking.
LONDON - Oil prices fell more than 3 percent on Monday after Greece rejected debt bailout terms and China rolled out emergency measures to support its stock markets, adding to concerns about demand at a time of global oversupply.