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Eurozone backs Greek reforms; key hurdle to extend bailout

a shared story    6 days 12 hours 55 minutes ago
BRUSSELS (AP) -- Greece's creditors in the 19-country eurozone have approved a list of reforms Athens proposed to get a 4-month extension to its bailout, which would keep the country afloat.... 



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Cadillac recalls ATS cars to fix hair-trigger sunroof switch

a shared story    6 days 13 hours 55 minutes ago
DETROIT (AP) -- General Motors is recalling about 67,000 Cadillac ATS compact sports sedans to fix a problem with the power sunroof controls.... 



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Firms see drone sales in Gulf surging after U.S. eases export policy

a shared story    6 days 13 hours 55 minutes ago
Abu Dhabi (Reuters) - U.S. drone makers are expecting a surge in sales of military and civilian drones to Gulf states after the State Department eased export rules last week, industry executives said on Tuesday.  



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Heavy security prevents opposition protests in Algiers

a shared story    6 days 14 hours 55 minutes ago
ALGIERS, Algeria (AP) -- Hundreds of police officers in Algeria have sealed off avenues in the capital to prevent an opposition demonstration against plans to drill for shale gas in the south of the country.... 



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Oil rebounds above $59 after Libya's largest field shuts

a shared story    6 days 14 hours 55 minutes ago
LONDON (Reuters) - Brent crude oil reversed early losses to trade back above $59 a barrel on Tuesday as Libya's largest oilfield stopped production, and as traders awaited U.S. oil inventory data to see whether it would show another large increase.  



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Home Depot quarterly profit rises 36 percent

a shared story    6 days 16 hours 55 minutes ago
(Reuters) - Home Depot Inc , the world's No.1 home improvement chain, reported a 36 percent rise in fourth-quarter profit and said it would buy back $18 billion of shares.  



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Exclusive: Greece reform plan offers major compromises

a shared story    6 days 16 hours 55 minutes ago
BERLIN (Reuters) - Greece has promised not to roll back any ongoing or completed privatizations and ensure that any state spending to address a "humanitarian crisis" does not hurt its budget, according to a document containing its reform plans seen by Reuters on Tuesday.  



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Dollar inches up on Yellen hopes, Greek breather

a shared story    6 days 17 hours 55 minutes ago
LONDON (Reuters) - World shares held near all-time highs on Tuesday on relief that Greece had submitted reform plans and the dollar was firmer on expectations that Fed chair Janet Yellen would keep the bank nudging towards U.S. rate hikes.  



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EU Commission welcomes Greek list as 'valid starting point'

a shared story    6 days 18 hours 55 minutes ago
BRUSSELS (AP) -- An official at the European Union's executive branch says that the list of Greek reform measures for final approval of the extended rescue loans "is sufficiently comprehensive to be a valid starting point."... 



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Greece sends comprehensive reform plan to lenders: EU source

a shared story    6 days 19 hours 55 minutes ago
BRUSSELS (Reuters) - Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight that was "a valid starting point" for talks over its bailout, a source close to the European Commission said on Tuesday.  



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