(MENAFN - AFP) Fresh talk of a third international bailout for debt-hit Greece spread through European capitals on Tuesday, despite Brussels insisting it was far too soon to start discussing any new rescue package.
Speculation mounted on Monday when Spain's finance minister Luis de Guindos said EU officials estimated a third bailout of up to 50 billion euros ($55 billion) ...
(MENAFN - AFP) Ukraine's central bank moved to shore up the country's battered currency Tuesday by hiking interest rates to 30 percent as the government pushed through draconian reforms needed to clinch another IMF bailout.
The bank said the eye-popping jump in the benchmark refinancing rate, from a current 19.5 percent, was aimed at "stabilising the macro-economic situation" ...
(MENAFN - AFP) Ryanair said Tuesday it will consider any offer for its stake in Aer Lingus, which is currently being pursued for a takeover by British Airways owner IAG.
London-listed International Airlines Group is drumming up support for its 1.35-billion-euro ($1.51-billion) bid for Aer Lingus but needs the support of Ryanair, which holds almost 30 percent of the former ...
(MENAFN - AFP) Apple overtook Samsung to regain the top position in global smartphone sales in the fourth quarter, a market tracker said Tuesday.
The survey by Gartner found Apple grabbed a 20.4 percent share of smartphone sales to end users, boosted by the introduction of its large-screen iPhones. The California giant sold 74.8 million handsets, the survey found.
(MENAFN - AFP) Harsh winter storms chilled US auto sales in February, with Ford especially taking a hit with a surprise 1.79 percent fall from a year earlier.
Overall, automakers' figures showed more steady growth in the industry, with low gasoline prices continuing to enhance shopping for pickup trucks and especially small and mid-sized sport utility vehicles.