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(MENAFN - AFP) An Aeromexico flight traveling from Mexico City to Paris made an emergency landing in Ireland on Monday after an alert turned on in the airliner's cargo hold, the company said.

"In accordance with safety procedures, the crew decided to divert to Shannon Airport in Ireland, landing without mishap," Aeromexico said in a statement.

Aeromexico and airport ...

(MENAFN - AFP) General Electric said Monday it had agreed to sell its vehicle fleet management and financing services in the United States and three other countries to Canadian firm Element Financial for $6.9 billion.

GE, which is restructuring to focus on its core industrial business, also said it had signed a preliminary agreement to sell its European fleet businesses to ...

(MENAFN - AFP) Two top Uber bosses were taken into custody in France Monday as part of a probe into their ride-booking app which has sparked violent protests from regular taxi drivers, the company said.

An investigation was opened in 2014 into the UberPOP application which is used to put paying clients in contact with cheaper, non-professional drivers who do not face the ...

(MENAFN - AFP) Global stocks slumped on Monday over fears that Greece may be heading for a eurozone exit, with the single currency area's debt-laden nations and banking equities hardest hit.

European, Asian and US markets all sagged as Greece's decision to hold a referendum on austerity conditions demanded by its creditors in exchange for bailout funds increased the possibility ...

(MENAFN - AFP) In a bid to keep markets calm, the European Central Bank made a tough choice when it opted to keep open the financial lifeline to Greek banks at the weekend, analysts said on Monday.

But it faces an even tougher decision later this week, when it convenes again to discuss whether to continue to provide liquidity after the official expiry of Greece's bailout ...

(MENAFN - AFP) European leaders Monday pleaded with Greek voters to back hotly disputed bailout proposals in a crunch referendum or face leaving the euro as bank closures left many in Greece scrambling to find cash.

In Brussels, an emotional EU chief Jean-Claude Juncker bitterly criticised Greek premier Alexis Tsipras, saying he felt "betrayed" by the leftist Syriza government's ...

(MENAFN - AFP) Brazil's state oil giant Petrobras on Monday slashed its five-year investment plan by 37 percent as part of efforts to recover from a massive corruption scandal.

The cuts to the 2015-2019 plan will reduce Petrobras's investment spending over the period to $130.3 billion dollars, the company said.

"Investments have been reduced by 37 percent compared ...

(MENAFN - AFP) Greece has imposed capital controls and shut its banks temporarily after failing to reach a rescue deal with international creditors or get additional emergency funds from the European Central Bank.

Here are the measures that have been implemented:

Bank holiday

All bank branches to remain closed until after a referendum on the terms of the proffered ...

(MENAFN - AFP) The International Olympic Committee announced Monday that it had handed all broadcast rights in most of Europe to Eurosport, owned by Discovery Communications, for the four Olympic Games between 2018 and 2024.

"Discovery acquired the exclusive rights, valued at 1.3 billion euros ($1.4 billion), across all platforms, including free-to-air television, subscription/pay-TV ...

(MENAFN - AFP) Singaporean billionaire Peter Lim, the owner of Spanish club Valencia, has expanded into sports marketing by acquiring the image rights for football superstar Cristiano Ronaldo, it was announced Monday.

Mint Media, a Hong Kong-based firm owned by Lim, said in a statement the six-year contract with Ronaldo would help grow the Portuguese icon's brand in Asia.

Under ...

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