A final statement, released hours after night-long negotiations at the Euro Summit, confirmed that the Greek authorities have agreed to introduce tough reforms in exchange for a three-year bailout worth up to 86 billion euros...
Prime Minister Alexis Tsipras was given three days to push new austerity measures through parliament and keep alive Greece’s chances of staying in the euro...
A planned meeting of European Union leaders has been cancelled as crisis talks continue about Greece's place in the single currency zone...
Greece Submitted A Package Of Proposals For A New Reformation The Government of Greece is sending the package of proposals for new economic reforms to lenders the eurozone Thursday (9/7) in an attempt to memberhasilkan the help of longer funds to avoid bankruptcy, and lobbies for an endorsement f...
Ken Moore, head of Citi Innovation: the bank has been looking at distributed ledger technology for “the last few years”...
U.K. Unexpectedly Commits to Meeting NATO Defense-Spend Goal Britain said it will spend a sum equal to 2 percent of gross domestic product on defense through the end of the decade, ending speculation that the new government would fail to meet the funding goal for NATO members...
Ukraine Interest-Payment Freeze Still Possible as Talks Start Ukraine said freezing interest payments on its bonds was still an option as the eastern European country holds direct negotiations with creditors including Franklin Templeton...
Torn between demands to banish the Confederate flag as a symbol of racial hatred and a desire by some lawmakers to let their states’ Confederate Memorial Day ceremonies go on unchanged, U.S. House leaders punted on the issue for now...
How a Greek Business Owner Survives the Economic Meltdown Starting a fashion line in Athens just as the debt crisis hit took courage. Keeping it alive will take determination...
The simple truth is that most forex and CFD brokers are trading against their clients. The details in how this is accomplished vary greatly from broker to broker...
Chief executive officer Rajeev Suri has confirmed that Nokia will return to the smartphone market. As part of this transition, Foxconn will make Nokia's first Android smartphone. At present, Foxconn makes N1 tablets for Nokia...
Sales of the new Apple Watch have dropped by 90% since the opening week, says a fresh market-research report...
The Hunt for the Financial Industry's Most-Wanted Hacker The malware known as ZeuS and its rogue creator have been at the cutting edge of cyber-crime for nearly a decade In any global outbreak, it’s important to identify Patient Zero. In the movies, you get a leggy Gwyneth Paltrow...
LY.com, one of China's many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital. Wanda Culture Industry Group invested CNY3.58 billion in the tourism website...
According to the agreements, Alcatel-Lucent will support the transformation of the two carriers and help them build faster and more cost-effective nationwide mobile and fixed broadband networks...
Lookout is a fast growing mobile security company based in San Francisco. In what was the largest funding round for a security company in 2014, the company received an infusion of $150 million from venture funds and investment bankers...
Saudi Arabia's Public Investment Fund (PIF) is to invest up to $10 billion in Russia within the next five years, in a move signalling a softening in relations between the two countries...
July 6, 2015 Bangkok, Thailand While all eyes were on Greece this weekend, one of the largest banks in Lithuania quietly posted an awkward announcement to its customers. Interest rates are now negative. So negative, in fact, that the bank actually has to pay interest to some of its borrowers...
PayPal President Dan Schulman was quoted saying that expanding into international money transfer and remittances aligns with their strategic vision to democratize the movement and management of money...
