Uber expands reach with Yongda alliance

Uber Technologies Inc, the California-based online taxi service provider, has formed a partnership with leading luxury car dealer China Yongda Automobiles Services Holdings Ltd, to expand its services in China into sales of automobiles and financial services.

Draghi: Europe recovery requires major reforms

A sustained economic recovery is finally arriving in the 19-country eurozone, European Central Bank head Mario Draghi said - a recovery he says must be used to complete the euro currency union and fix its problems for good.

Dream condo on Rio's Ipanema beach at 50% discount as real falls

For investors with dollars, the dream of a condominium by Rio de Janeiro's most famous beaches is suddenly within reach, just in time for the Olympic Games.

Japan Inc shares more of massive profits with workers

Japan's biggest companies are on track to book a record 21.1 trillion yen ($174 billion) in profit as the fiscal year winds down this month. Their workers can expect a larger share of the bonanza.

India puts brakes on slowest lending since 2009 as rules tighten

Indian banks may rein in lending growth already near the slowest pace in five years after regulators ordered them to set aside more funds to counter bad debt.

Buffett's childhood home offered for attendees at annual meeting

Some fortunate Berkshire Hathaway investors at this year's annual meeting will get the chance to sleep in the same bedroom Warren Buffett did as a boy.

New system required to cultivate green funding

Around 90 percent of the funds needed to further develop China's environmental industry are expected to come from private sources, requiring a new financial system to encourage more funds into the sector.

All aboard for Visa's financial literacy tour

Visa Inc, the global card payment services company, has launched its third nationwide financial education bus tour aimed at educating young people in China, especially those in rural areas and migrant workers.

IN BRIEF (Page 18)

Pressure on KFC after McDonald's says no to antibiotics in chicken

KFC, the world's largest chain of fried chicken restaurants, may face pressure from consumer and environmental groups to change how the animals it uses are raised after McDonald's Corp said it would switch to chicken raised without human antibiotics.

Stricter rules being considered for P2P lenders

Industry players fear thresholds, conditions could be too harsh and limit development

Wyoming may feel the pangs of lower coal consumption in China

China's decision to limit coal usage may have a far-reaching impact in the United States, particularly in Wyoming where it is the mainstay of the economy.