Tsipras presses for early Greek debt deal but flags referendum

Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an early deal with international creditors, after shaking up his negotiating team and sidelining his outspoken finance minister who has infuriated euro zone partners.

Alexis Tsipras

Refining helps BP and Total weather oil price storm

BP and Total reported higher than expected profits on Tuesday thanks to steep increases in profits from refining, showing the resilience of global oil firms in the face of slumping oil prices.

BP

U.S. Stocks cool ahead of Fed, pound skids on disappointing GDP

World shares shuffled away from all-time highs on Tuesday as surging Chinese stocks took a breather and investors began to retreat to the sidelines ahead of the Federal Reserve's policy meeting.

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Jobs & Career News

Boeing profit jumps 38 percent on higher jet deliveries

Boeing

Boeing Co's (BA.N) net profit soared 38 percent in the first quarter, helped by rising production of commercial aircraft, the company said on Wednesday.

Peugeot, IBM agree to expanded 'connected car' partnership deal

PSA Peugeot Citroën, Europe's second largest carmaker, and computer services supplier IBM, said on Wednesday they agreed to a partnership deal for connected car services that go beyond current navigation and infotainment offerings.

Aberdeen, Blackrock flag risks in frothy Chinese stock markets

Asian Stocks

Aberdeen Asset Management's head of Asian operations warned on Tuesday that Chinese money was moving "a bit like a casino" in domestic stock markets, while BlackRock called on China to reform its capital markets further to avert boom and bust scenarios.

Iran wants OPEC to pave way for its extra oil production when sanctions lifted

Oil Rigs

Members of the Organization of the Petroleum Exporting Countries (OPEC) should prepare for extra Iranian crude production when Western sanctions on Tehran are lifted, Iran's oil minister was quoted on Tuesday by state news agency IRNA as saying.

Upbeat earnings lift stocks, Greek anxiety hits euro

Stock Market

World stocks climbed back toward all-time highs on Tuesday as upbeat European earnings reports and expectations of a sixth straight rise in German business confidence helped offset worries about a possible Greek default.

The Apple logo is lit on the first day of sale for the iPhone 6 and iPhone 6 Plus, in Sydney September 19, 2014.

China iPhone sales boosts Apple; shares up modestly

Apple Inc beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch.

Tyson Foods to shut three factories, cut 950 jobs

Tyson Foods plans to cut human antibiotics in U.S. chicken flocks by 2017

Tyson Foods Inc (TSN.N), the largest U.S. poultry producer, plans to eliminate the use of human antibiotics in its chicken flocks by September 2017 - one of the most aggressive timelines yet set by an American poultry company.

Gas Nozzle

Deflation? Oil's 45 percent rebound could be markets' next headache

Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.

Shares, dollar sink as U.S. authorizes air strikes in Iraq

World shares hit new high but Europe rally fades on Greece

World shares hit a new high on Monday, led by China, though the global rally faded in Europe as investors looked ahead to central bank meetings in the United States and worried over Greece.

Outside View Deutsche Bank

"Smaller and simpler" mantra rings through banking boardrooms

Deutsche Bank's plan to jettison much of its German retail bank and withdraw from one in ten countries sees it join a growing list of banks choosing to shrink and simplify to survive.

A general view of the Volkswagen plant in Chattanooga,Tennessee February 14, 2014.

VW board members demanded Piech go after learning of secret plot

Ferdinand Piech, who resigned as chairman of Volkswagen over the weekend, sowed the seeds of his own demise by reneging on a deal to support CEO Martin Winterkorn and secretly plotting to oust him instead, according to sources close to the VW board.

Exclusive: Iran seeks to resolve HSBC freeze on some trade financing - sources

HSBC considering spinning off British retail bank: Sunday Times

HSBC (HSBA.L), Europe's biggest bank, is weighing plans to spin off its British retail bank in a 20 billion-pound ($30.37 billion) deal, the Sunday Times reported.

McDonald's

McDonald's revenue falls 11 percent

McDonald's Corp (MCD.N), the world's biggest restaurant chain, reported an 11 percent fall in quarterly revenue as it fights to recover from food scandals in China and Japan and faces tough competition at home in the United States.

Coca-Cola signage is pictured at a bottling plant near the Andalusian capital of Seville, southern Spain February 6, 2014.

Coke reports revenue growth for first time in nine quarters

Coca-Cola Co (KO.N) reported a rise in revenue for the first time in nine quarters, helped by a 6 percent rise in North America, its biggest market.

Stock Index

Futures fall with eyes on earnings, dollar

U.S. stock index futures fell on Wednesday with investors wary of the effect of a strong U.S. dollar on earnings and ahead of housing sector data.

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