NEW YORK (Reuters) - General Electric Co launched the bidding process for a $40 billion portion of its U.S. commercial lending business, a critical step in its effort to avert regulation by the U.S. Federal Reserve, the Wall Street Journal said on its website on Sunday.
VIENNA (Reuters) - OPEC is likely to keep its output target unchanged when it meets on Friday because the global oil market appears to be in good shape and prices are expected to firm up from current levels, a senior Gulf OPEC delegate told Reuters.
ATHENS (Reuters) - Greece and its creditors were continuing talks on a cash-for-reforms deal but are expected to miss a self-imposed Sunday deadline for reaching an agreement to unlock aid, sources close to the talks said.
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble has offered to give his Greek counterpart some chocolate euro coins as "nourishment for his nerves."
LONDON (Reuters) - Years of uncertainty and economic pain spent keeping Greece in the euro zone boils down in June to a handful of make-or-break debt repayments, while a raft of key data in the next few days will point to the progress of the global economy.
SINGAPORE/KUALA LUMPUR (Reuters) - New CEO Christoph Mueller's plans for troubled Malaysia Airlines - including a new brand, a smaller fleet and one third less staff - are widely seen as a promising blueprint for a fresh start.
PARIS (Reuters) - Airbus could announce "several hundred" airplane orders at the June 15-21 Paris Airshow, Fabrice Bregier, chief executive of the planemaking unit of Airbus Group, said on Saturday.
SITGES, Spain (Reuters) - The European Central Bank's monetary policy, aimed at raising inflation in the euro zone area, is working according to plan, ECB vice president Vitor Constancio said on Saturday, citing recent figures.
ATHENS (Reuters) - Greece's government is confident of reaching a deal with its creditors this week and is open to pushing back parts of its anti-austerity program to make that happen, the country's interior minister said Saturday.
SITGES, Spain (Reuters) - The European Central Bank's monetary policy, aimed at raising inflation in the euro zone area, is working according to plan, ECB vice president Vitor Constancio said on Saturday, citing recent figures.
