Merkel rules out Greek debt relief
German Chancellor Angela Merkel rejects any cancellation of Greece’s debt, saying banks and creditors have already made substantial cuts. BBC News – Business
German Chancellor Angela Merkel rejects any cancellation of Greece’s debt, saying banks and creditors have already made substantial cuts. BBC News – Business
Eurozone deflation deepens in January, as prices fall by 0.6% compared with last year, pushed down by lower oil prices. BBC News – Business
Falling oil prices are forcing Royal Dutch Shell to cut back investment by some $ 15bn over the next three years. BBC News – Business
Apple reports first quarter earnings of $ 18bn and record iPhone sales of 74.5 million, beating investor expectations. BBC News – Business
Financial markets steady after Syriza Greek election victory, as the chief of the Eurogroup of finance ministers warns of little support for a debt write-off. BBC News – Business
Irish airline Aer Lingus is set to approve a takeover bid by British Airways owner IAG, the BBC understands. BBC News – Business