Detroit has stumped up $77m to UBS and Bank of America's Merrill Lynch unit to end a raft of crippling interest rate swaps contracts that were partly to blame for it becoming the largest city in the US to file for bankruptcy.
Investigation finds some cloud-based service providers could be breaching consumer law over contracts renewal.
IBTimes UK spoke to Royal Caribbean about how the world's biggest passenger ship could deliver.
GfK says confidence improved from -3 in April to -1 in May but Brexit uncertainty clouds the outlook.
US reports positive data on durable goods, pending home sales and initial jobless claims.
The multi-nation group said the UK's departure from EU would affect trade, investments and jobs.
EDF workers' committee says it is likely to vote against £18bn-scheme 'in its current state'.
Changes approved by Kenya in April were declared non-compliant by World Anti-Doping Agency.
Sports Direct owner Mike Ashley and the Edinburgh Woollen Mill are vying to take control over fashion house.
Only 5% of the over 600 economists polled say an EU exit will trigger positive economic growth.