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Exclusive: Greece scrapes bottom of barrel in hunt for cash to stay afloat

Greece will need to tap all the remaining cash reserves across its public sector — a total of 2 billion euros ($2.16 billion) — to pay civil service wages and pensions at the end of the month, according to finance ministry officials. Barring a last-ditch deal with its creditors, that is likely to leave no money to repay the International Monetary Fund almost 1 billion euros due in the first

GM counting on high-speed Internet services in car to drive profits

Now, as the company prepares to expand the technology to most of its 2016 U.S. models, GM is lifting the curtain on its digital business strategy.     GM is the first automaker to reveal its projections, but it is not alone in chasing digital profits. As in-car broadband usage grows, GM’s estimates could turn out to be conservative, some analysts say, since the potential for revenues from in-car broadband connections are

G20 more upbeat on growth, but officials fret over Greece

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens’ inability to strike a deal with its lenders could upset Europe’s tentative recovery. In a communique after a two-day meeting, G20 finance ministers and central bankers welcomed brighter economic signs in rich nations, but lamented weakness in emerging markets. “Risks to the global economy are more