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GE Capital was under scrutiny because USA regulators in 2013 judged its failure could hurt the broader USA economy and designated it “systemically important”, a label created under Dodd-Frank that brings stricter oversight to such firms from the Fed.

The latest figures from Rightmove’s House Price Index indicate a 0.2% rise in the amounts sellers were demanding in the capital.

After its parent company Oxford Industries announced that it was searching for a potential buyer earlier this year, British men’s sportswear label Ben Sherman has been officially sold to USA brand house Marquee Brands for £40.8 million (€58.52 million).

Greece has made an overdue payment of €2 billion to the worldwide Monetary Fund (IMF), allowing itself to come out of arrears.

He said that the issue of Greece’s debt sustainability will “certainly” be part of the bailout negotiations.

But there was better news in Royal Mail’s European delivery network GLS, where volumes grew by 9pc and revenue by 8pc.

Though it has long been a rumour, the existence of McDonald’s “Secret Menu” has never been confirmed by a member of staff at the fast food chain – until now.

But Greek Prime Minister Alexis Tsipras has publicly said he doesn’t fully believe in the agreement.

Thomson ReutersHenry Kravis, co-founder of Kohlberg Kravis Roberts & Co., smiles during a media briefing in Hong KongPrivate equity firm KKR’s big bet on tech is finally going to pay off.

The USS Little Rock, the second combat ship to be named after the Arkansas capital, was side launched into the Meniminee River in Marinette on Saturday.

Greece has initiated the process for the payment of a total 6.25 billion euros ($6.78 billion) to the European Central Bank (ECB) and the worldwide Monetary Fund (IMF), finance ministry officials told Reuters on Monday. “Greece is therefore no longer in arrears to the...

WASHINGTON Greece has repaid its arrears to the global Monetary Fund, worth about 2 billion euros ($2.17 billion), IMF communications director Gerry Rice said on Monday.

It also comes after Greece repaid about 2 billion euros to the global Monetary Fund, clearing all its arrears after missing several payments in June and July.

For the past three weeks, Greeks have been waiting in line at cash machines to withdraw a maximum of €60 (£41) a day, a restriction imposed amid fear of a run on the banks.

Rescuers in the Iraqi town of Khan Bani Saad said they were searching collapsed buildings for bodies Saturday after a huge auto bomb ripped through a busy market, killing at least 90 people.