Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
United Airlines will take its 14 Boeing 737 Max jets off its schedule for another month, through Aug. 3, canceling another 1,290 flights.Airlinesread more
Trade could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation data and the bond market, which is flashing new worries about...Market Insiderread more
About three dozen House Democrats have called for impeachment hearings on President Donald Trump, a billionaire's TV ads rip the House for "doing nothing," and legal experts...Politicsread more
The Trump administration on Friday invoked a rarely used provision in federal law to bypass congressional review of arms sales to Saudi Arabia, citing threats the kingdom...Politicsread more
A German couple holidaying in Greece have done their bit for tense diplomatic relations between the two countries, giving 875 euros ($935) in what they said were World War II reparations, according to media reports.
The couple, named as Ludwig Zacaro and Nina Lahge in local media reports, are said to have visited the Greek seaport town of Nafplion and asked to meet the town's mayor.
"They came to my office yesterday morning, saying they wanted to make up for their government's attitude," Dimitri Kostourou, the mayor of Nafplion, told AFP news agency.
Read MoreWorld War II reparations
"They made their calculations and said each German owed 875 euros for what Greece had to pay during World War II."
He added that they chose his town "because it was the first capital of Greece in the 19th century."
Greek news website News247.gr said the couple made their calculations based on the amount that Greece was forced to pay Germany during the war.
In 1942, Greece was made to pay Germany a "maintenance loan" – also known as an "enforced loan" – of 476 million Reichsmarks.
The couple estimated that, with interest, this would be worth around 70 billion euros today, local media reported. Dividing that figure by the German population – just over 80 million people – they arrived at the sum of 875 euros.
The couple reportedly said at a press conference that they did not have enough money to pay for two people.
The German couple's offer has made them local heroes in the town of Nafplio, hailed for their solidarity and generosity. The money was donated to a local charity that offers free food to members of the community who are struggling financially.
The reports come as Greece's long-standing calls for compensation from Germany for the Nazi occupation of the country return to the fore.
Last week, Greek Prime Minister Alexis Tsipras accused Germany of using "legal tricks" to get out of paying reparations. Speaking to the Greek parliament, he said, ""Germany has never properly paid reparations for the damage done to Greece by the Nazi occupation."
However, Germany has repeatedly rejected calls for compensation, saying its reparations covered the "maintenance loan" and it has honored all of its war obligations. For example, the country made a payment of 115 million deutschmarks (59 million euros, or $62 million) to Greece in 1960, according to Reuters.
Greece is in the midst of a financial struggle, battling loan repayment deadlines and growing debt pile.
The country's two financial bailouts, worth a total of 240 billion euros, have been the source of public anger in Greece and relations between the country and its international creditors have become increasingly tense, particularly with Germany, the main driver of austerity measures.
- By CNBC's Holly Ellyatt, follow her on Twitter . Follow us on Twitter: @CNBCWorld