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Friday, July 3, 2015
Oil prices recovered Thursday after the Iran nuclear talks were extended until July 7, giving oversupplied markets a breather despite uncertainty over the Greek financial crisis, analysts said.
Germany has scrapped plans to tax its oldest and dirtiest coal-fired power plants after fierce opposition from unions and operators, Economy Minister Sigmar Gabriel said Thursday.
Thursday, July 2, 2015
Greece proceeds with vote plan as creditors rebuff overture
The Greek government vowed Wednesday to go ahead with plans to have the people decide whether they want more austerity measures in exchange for a rescue deal. Greece offered more concessions to its creditors, but was rebuffed -- Eurozone finance ministers refused to negotiate any more aid until the referendum clears up what the country wants.
A wave of attacks in Egypt's Sinai Peninsula claimed by the Islamic State group killed at least 15 soldiers Wednesday, with the toll expected to rise as troops fought a running battle with militants.
Around the world people use bank machines to access cash: but in the Kenyan capital's crowded slums, people now use similar machines to access an even more basic requirement -- clean water.
Puerto Rico's financial future hung in limbo Tuesday as economists and officials warned that the U.S. territory could head down Greece's path if it is not allowed to declare bankruptcy as it struggles with US$72 billion in public debt.
Striking French ferry workers blocked the port of Calais for a third consecutive day Wednesday, causing havoc with cross-Channel sailings and huge tailbacks on roads in the region.
Some newer cars burn too much oil: Consumer Reports
Newer cars aren't supposed to need more oil between oil changes, but Consumer Reports found that some engines -- mainly from Audi, BMW and Subaru -- require an extra quart as often as once a month.
Facebook co-founder Mark Zuckerberg figures there could be a formula that explains how people think.
Asian markets mostly rose Wednesday as investors shrugged off Greece's default, with Tokyo lifted by an upbeat survey on business confidence, but Shanghai's volatile run continued, plunging more than five percent.
  
  
  
  
  
  
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