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(MENAFN - AFP) The eurozone needs the IMF on board in Greece's massive bailout despite deep divisions over debt relief, Eurogroup head Jeroen Dijsselbloem said Tuesday.

"It's not an option to go on without the IMF," Dijsselbloem said as he arrived for talks with eurozone finance ministers to end a row between Europe and the International Monetary Fund over how to proceed ...

 
(MENAFN - AFP) Blockades of five refineries run by Total in France will cause the French oil giant to "seriously review" its domestic investments, the group's CEO said Tuesday.

Patrick Pouyanne said strikes and blockades by union activists that had fully or partially crippled its refineries "will lead us to seriously review the investment plans we have for all sites in France" ...

 
(MENAFN - AFP) Venezuelans on Tuesday woke up to discover that the government-controlled price of corn flour -- used to make corn patty arepas, a staple of local cuisine -- has risen 900 percent.

The socialist government of President Nicolas Maduro had kept the price of corn flour frozen for 15 months at 19 bolivares a kilogram (two pounds).

But late Monday the government's ...

 
(MENAFN - AFP) French police searched the Paris offices of US Internet giant Google on Tuesday as part of a tax fraud investigation, a police source said.

French authorities believe Google owes 1.6 billion euros ($1.7 billion) in back taxes, a source close to the matter said in February.

Google is one of several multinational corporations that have come under fire in ...

 
(MENAFN - AFP) A third of India's cash machines don't work, the central bank said, posing a challenge for the government as it strives to provide banking services to millions of poor citizens living in rural areas.

The Reserve Bank of India surveyed almost 4,000 ATMs across the country with a "sample size fairly representing geographies and bank categories", according to ...

 
(MENAFN - AFP) Blockades of five of the eight refineries run by Total in France will cause the French oil giant to "seriously review" its domestic investments, the group's CEO said Tuesday.

Patrick Pouyanne said the full or partial crippling of its refineries by union activists protesting France's labour laws "will lead us to seriously review the investment plans we have ...

 
(MENAFN - AFP) French police searched the Paris offices of US Internet giant Google on Tuesday as part of a tax fraud investigation, a police source said.

French authorities believe Google owes 1.6 billion euros ($1.7 billion) in back taxes, a source close to the matter said in February.

Google is one of several multi-national corporations that have come under fire ...

 
(MENAFN - AFP) Investor confidence in Germany fell unexpectedly in May as uncertainty over a possible exit by Britain from the European Union overshadowed strong growth data, a leading survey showed on Tuesday.

While official data earlier showed that Europe's biggest economy grew by 0.7 percent in the first three months -- double the growth rate of the preceding quarter -- ...

 
(MENAFN - AFP) Swiss financial regulators approved Tuesday the dissolution of Lugano-based BSI Bank over its links to a corruption scandal engulfing Malaysia's Prime Minister Najib Razak.

Swiss supervisor FINMA accused BSI, a merchant bank, of "serious breaches" of money-laundering regulations in its dealings with the Malaysian sovereign wealth fund 1MDB, which is at the ...

 
(MENAFN - AFP) Toyota said it will recall nearly 1.6 million more vehicles in the United States to correct possible defects in front passenger air bag inflators made by the Japanese company Takata.

The decision, which was announced Monday, was made based on recent information from both Takata and the US National Highway Traffic Safety Administration (NHTSA), Toyota said in ...

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