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Ferdinand Piech resigns, ending an era at Volkswagen

HAMBURG/FRANKFURT - Ferdinand Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday after losing a showdown he had provoked with Chief Executive Martin Winterkorn, ending an era at the iconic German carmaker.

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Cuts to pay and perks trigger flight from China's state banks

SHANGHAI/HONG KONG - Bankers at China's top state lenders are quitting in increasing numbers because of cuts to their pay and perks, and moving to a new breed of financial firms such as leasing companies, trusts and online platforms, bankers and headhunters say.

12:23am EDT

Comcast drops Time Warner Cable bid after antitrust pressure

- Comcast Corp abandoned its $45 billion offer for Time Warner Cable Inc on Friday after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market. | Video

24 Apr 2015

From Woking to Wall Street: UK day traders dream of glory in daily grind

WOKING, Britain - The British trader accused of sparking market chaos in 2010 cut his teeth in a drab building in a sleepy suburb that highlights how "day traders" dreaming of glory have to first tackle grim offices, zero glamour and high risk.

24 Apr 2015

Greece, lenders must reach deal by early May, Deputy PM tells paper

ATHENS - Greece and its lenders must reach a reform deal by early May to address Greece's need for cash, Deputy Prime Minister Yannis Dragasakis said in an interview with a Greek newspaper published on Saturday.

Greece, World 25 Apr 2015

Germany hints at preparations of a Plan B on Greece

RIGA - German Finance Minister Wolfgang Schaeuble hinted on Saturday that Berlin was preparing for a possible Greek default, drawing a parallel with the secrecy of German reunification plans in 1989.

25 Apr 2015

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