Greece’s governors agree to lend cash to central government

ATHENS (Reuters) – Greece’s governors and other local officials agreed on Saturday to lend cash to the near-bankrupt central government after Prime Minister Alexis Tsipras assured them the measure would last for only a short period of time. Greek lawmakers … Continue reading


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UBI CEO says foreign banks ‘not queuing up’ to buy in Italy

MILAN (Reuters) – Foreign banks are not “queuing up” to buy lenders in Italy after a government reform that is expected to spur a wave of mergers and acquisitions targeting cooperative banks in the euro zone’s third biggest economy, its … Continue reading


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Deutsche faces tough task paring back retail, investment banking

FRANKFURT (Reuters) – If running a global bank is complicated, cutting one back is even more difficult. Deutsche Bank (DBKGn.DE) faces a long and costly battle, analysts say, to sell Postbank (DPBGn.DE) and pare investment banking, the new strategic goals … Continue reading


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Exclusive: Brother says accused Tunisian was forced to captain migrant boat at gunpoint

TUNIS (Reuters) – The Tunisian man accused of piloting a migrant boat that sank off Libya, killing more than 700 people, is himself a migrant who was forced at gunpoint to captain the ship because of his experience as a … Continue reading


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Indonesia informs death row convicts execution just days away

CILACAP, Indonesia (Reuters) – Indonesia has informed two Australians, one Nigerian and four other death-row drug convicts that they will be executed in a matter of days, possibly as soon as Tuesday. The Attorney General’s office said notices that they … Continue reading


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Volkswagen Chairman Piech resigns after failing to oust CEO

FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) supervisory board Chairman Ferdinand Piech unexpectedly resigned on Saturday after losing a showdown he provoked with Chief Executive Martin Winterkorn. Piech, a dominant figure at VW for more than two decades and the grandson of … Continue reading


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Devastating Nepal quake kills over 1,000, some in Everest avalanche

KATHMANDU (Reuters) – A powerful earthquake struck Nepal and sent tremors through northern India on Saturday, killing more than 1,000 people, toppling a 19th-century tower in the capital Kathmandu and touching off a deadly avalanche on Mount Everest. There were … Continue reading


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Analysis: Failure of Comcast-Time Warner deal may spark new wave of mergers

The demise of the Comcast Corp.-Time Warner Cable Inc. merger doesn’t mark an end to the consolidation of the cable and Internet-provider market — analysts are saying it’s likely the beginning of what will be a new rush of mergers … Continue reading


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Same-sex marriage pioneer among lawyers for high court cases

WASHINGTON (AP) — Five lawyers will take turns at the Supreme Court lectern Tuesday for the highly anticipated and extended arguments over same-sex marriage. Among them are the Obama administration’s top lawyer at the high court, with more than two … Continue reading


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As contributions fall, House GOP rebels blame party leaders

WASHINGTON (AP) — As he began his first re-election run in early 2013, tea party Rep. Thomas Massie had no trouble raising money from business interests. Then came 2015. The Kentucky Republican voted against returning John Boehner, R-Ohio, to the … Continue reading


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Details of fundraising by rebellious House Republicans

Of the 25 House Republicans who voted in January against keeping Rep. John Boehner, R-Ohio, as speaker, most have seen a drop in contributions from political committees representing business and other interests, compared with two years ago. Here are figures … Continue reading


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Political barbs, celebrity-gazing main course at DC dinner

WASHINGTON (AP) — Get ready for a healthy dose of political barbs and celebrity-gazing in the nation’ capital. If it’s spring in Washington, it’s time for the White House Correspondents’ Association’s annual dinner. President Barack Obama had it marked on … Continue reading


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