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  • PARIS— China says it will pledge to reduce the intensity of its carbon emissions as part of its climate target for an envisioned international agreement to fight global warming. In a statement released Tuesday during Prime Minister Li Keqiang's visit to Paris, he said China will aim to reduce its emissions per unit of gross domestic product by 60-65 percent by...

  • PARIS, June 30- China formally committed to halting the rise in its emissions within the next 15 years and pledged on Tuesday to reduce the carbon intensity of its vast economy, releasing its much anticipated strategy for United Nations climate talks. In a plan that largely mirrors commitments Beijing made in a joint U.S. environment agreement last year, China...

  • *EU Commission calls on Athens to accept 11th hour offer. ATHENS, June 30- EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens. With billions of euros in locked-up bailout funds due to expire at midnight,...

  • PARIS— Two Uber France managers have been ordered to stand trial on behalf of the San Francisco- based company on charges including "deceptive commercial practices" and complicity in illegal activities linked to its low-cost ride-hailing service. The Paris prosecutor's office said Tuesday that Thibault Simphal and Pierre-Dimitri Gore-Coty were taken...

  • After months of wrangling and acrimony, the growing possibility that Athens could be forced out of the single currency brought into sharp focus the chaos that could be unleashed in Greece as well as the danger that would arise for the stability of the euro. "What would happen if Greece came out of the euro? There would be a negative message that euro membership is...

  • Still, the court's willingness to rein in the EPA emboldened opponents of Obama's climate change agenda, who said the court had finally woken up to what they call the haphazard and costly nature of the environmental regulations that Obama has put forth. Mike Duncan, president of the American Coalition for Clean Coal Electricity, which lobbies for the coal...

  • But Greek government sources said the leftist premier stood by his rejection of the creditors' conditions and Greece would default on a crucial repayment due to the International Monetary Fund on Tuesday, plunging it deeper into financial crisis. EU and Greek government sources said Jean-Claude Juncker had offered to convene an emergency meeting of euro...

  • A taxi drives past burning tires during a national protest against car-sharing service Uber in Nice, France, June 25, 2015.

    The two most senior Uber executives in France are in custody after complaints they were conspiring to organize illegal work. The FT reports.

  • LONDON- Reserve Bank of Australia Governor Glenn Stevens speaks at an event hosted by Official Monetary and Financial Institutions Forum- 0840 GMT. LONDON- Bank of England's Paul Fisher speaks at the Financial Times Future of Insurance event- 0840 GMT. VIENNA- European Central Bank Governing Council member Ewald Nowotny to give a keynote speech at "Raiffeisen...

  • WASHINGTON, June 29- As French Finance Minister in 2010, Christine Lagarde opposed the involvement of the International Monetary Fund in Greece. That the IMF lent to Greece at the behest of Europe, which has nominated every IMF Managing Director since the inception of the Fund in 1946, may expose the institution to greater scrutiny, especially as it has $24...

  • PARIS— WikiLeaks has released documents that it says show that the U.S. National Security Agency eavesdropped on France's top finance officials and high-stakes French export bids over a decade in what the group called targeted economic espionage. France and the U.S. didn't immediately respond to the release in French publications Mediapart and Liberation...

  • *Any promise from China of symbolic importance. BRUSSELS, June 29- China seeks a fair, global system to tackle climate change and will deliver its pledge to the United Nations by the end of Tuesday on how much it will cut emissions, Chinese Premier Li Keqiang said after talks with top European Union officials. Once China, the world's biggest emitter, has submitted its...

  • *France asks firms to get ready for return to post-sanctions Iran. VIENNA, June 29- France has asked its firms to prepare a return to Iran ahead of a likely deal with powers to curb Tehran's nuclear program, but Paris' tough stance in talks and ties with Sunni Arab states means its "love-hate" relationship with Iran will continue. Despite a long history of commercial,...

  • BRUSSELS, June 29- China is seeking a fair, global system to tackle climate change and is about to make a joint announcement on the environment, Chinese Premier Li Keqiang said before a summit in Brussels with top European Union officials on Monday. Expectations are high that China, the world's biggest carbon emitter, is about to submit to the United Nations a...

  • DUBLIN, June 29- A Boeing 787 Dreamliner en route from Mexico City to Paris made an emergency landing at Ireland's Shannon Airport on Monday and all 193 people on board disembarked safely, a spokesman for the airport said on Monday. Mexico's Aeromexico said in a statement that an alert in the cargo hold of the flight caused it to divert, and a spokesperson later...

  • BRUSSELS— The prime minister of China, the European Union's No. 2 trading partner, called Monday on Greece and its creditors to reach a last-minute deal that will allow Greece to remain in the eurozone. "Whether Greece stays within the euro is not only a question that concerns Europe, but also concerns China and Europe," Li Keqiang told reporters at the end of an...

  • Uber said in a statement that its general managers for France and Western Europe were questioned Monday. Agnes Thibault-Lecuivre, the Paris prosecutor's spokeswoman, didn't name the two Uber managers detained. A spot check of the app Monday showed drivers available in central Paris.

  • Tsipras defiant as banks shut, markets rocked Monday, 29 Jun 2015 | 1:21 AM ET

    ATHENS, Greece— Anxious pensioners swarmed closed bank branches Monday and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that could determine whether the country has to ditch the euro currency and return to the drachma. As strict capital controls took root...

  • *Fed hike could limit rises in Japanese shares. TOKYO, June 29- Japan's Nikkei share average is forecast to stay resilient this year, hovering at levels last seen in late 1996, but gains will be capped as investors remain cautious against a pending U.S. interest rate hike, a Reuters poll found. The poll was conducted during a week when Greece and its international...

  • Officials hint at possible win for Uber in Mexico City Monday, 29 Jun 2015 | 12:03 AM ET

    MEXICO CITY— Times are tough for Uber in many parts of the world, from a recent California ruling that its drivers cannot be classified as contractors to a Paris taxi protest that became a riot and led France's president to promise a crackdown. But the smartphone-based ridesharing app may soon get some good news in Mexico City. Even Mexico City's Human Rights...