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Tuesday, July 2, 2013

Business Today: Chrysler's U.S. sales in June rise 8 percent

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07/2/2013
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Chrysler's U.S. sales in June rise 8 percent
DETROIT (Reuters) - Chrysler's U.S. sales in June rose 8 percent on strong demand for its two best-selling vehicles, the Ram full-size pickup truck and Jeep Cherokee SUV, the company said on Tuesday.
Home prices rise by most in seven years in May: CoreLogic
NEW YORK (Reuters) - Home prices racked up their biggest annual gain in more than seven years in May, with more increases expected through the summer months as the sector continues to mend, data analysis firm CoreLogic said on Tuesday.
Stock futures higher as positive momentum persists
NEW YORK (Reuters) - Stock index futures rose modestly on Tuesday, indicating positive market momentum would persist as investors remain optimistic about the economic outlook.
Exclusive: Greece has three days to deliver or face consequences - EU officials
BRUSSELS/ATHENS (Reuters) - Greece has three days to reassure Europe and the International Monetary Fund it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid, four euro zone officials said on Tuesday.
Bank of England policymakers to press on with bank leverage rule
LONDON (Reuters) - Bank of England policymakers said on Tuesday they would press ahead quickly with a new curb on banks' risk exposure based on their leverage, despite industry lobbying against the plan.
Rosneft buys rest of Itera from founder for $2.9 billion
MOSCOW (Reuters) - Rosneft , Russia's top oil producer, said on Tuesday it had bought the remaining 49 percent of gas company Itera for $2.9 billion from its founder, furthering its aim of becoming Russia's largest independent gas producer.
Greek bank rescue fund deputy CEO resigns-source
ATHENS (Reuters) - The deputy chief executive at Greece's bank rescue fund, the vehicle in charge of recapitalizing the country's top lenders, resigned on Tuesday, the second senior executive to leave the fund in the last three months.
Hyundai recalls 5,200 Azera sedans in U.S. for airbag sensor issue
DETROIT (Reuters) - Hyundai Motor Co is recalling about 5,200 Azera sedans in the United States to address an issue where the airbag may deploy with less or greater force than needed in an accident.
Capital One to buy back $1 billion in shares
(Reuters) - Credit card issuer Capital One Financial Corp said it would buy back shares worth up to $1 billion after it completed the sale of its Best Buy Co Inc portfolio.
Stelios to vote against easyJet's 'secret' Airbus deal
LONDON (Reuters) - Easyjet's estranged founder Stelios Haji-Ioannou said on Monday he would vote against the budget airline's plan to buy 135 new Airbus planes because they were not needed and their real cost had been kept secret.
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