WASHINGTON The International Monetary Fund can only approve new loans for Greece after Athens reaches an agreement with European governments that would ensure it can pay its debts, an IMF official said on Thursday.
The bank's failure played a major part in forcing the government to seek help from the EU and IMF. Photograph: Peter Muhly/AFP/Getty Images.
Microsoft has agreed to invest in Uber, according to people with knowledge of the matter, as part of a funding round that values the ride-hailing company at more than $50 billion.
Some of the world's biggest oil groups presented a uniformly gloomy picture yesterday as the impact of a steep plunge in crude prices continued to reverberate across the industry.
The EU has opened an anti-trust probe into the planned multi-billion-euro merger of US delivery service giant FedEx and Dutch rival TNT Express.