Wall St. opens lower as Greece rejects bailout terms

- 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.

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Renault launches Talisman, replacing laggard Laguna

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.

9:28am EDT

GM China auto sales flat in June despite broad price cuts

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.

4:38am EDT

Strikes loom after talks between Lufthansa and pilots fail

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.

9:20am EDT

Exclusive: UK targets sale of half its RBS stake in two years - sources

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.

8:36am EDT

Oil falls more than 3 percent after Greek 'No'

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.

China, Greece 8:03am EDT


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