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European Central Bank staff have prepared a proposal to increase the haircut on the security that Greek banks offer in return for emergency liquidity, Bloomberg reported on Tuesday, citing people with knowledge of the discussions.
Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge.
Global stock markets had a mixed start to the week on Monday and core bond yields fell as investors juggled Chinese steps to stimulate its slowing economy and a proposed telecoms deal in Europe with growing worries Greece may default.
China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth.
Oil prices eased from early highs to under $64 a barrel on Monday after Saudi Arabian Oil Minister Ali al-Naimi said production in the world's biggest crude exporter would stay near record peaks around 10 million barrels per day (bpd) in April.
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.
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 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 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.
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.
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.
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 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.
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.
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.