Latest Business News: ECB Cannot Solve Euro Zone Crisis: Bundesbank Chief

Wochit 0:49 mins

The European Central Bank cannot solve the euro zone crisis, Bundesbank chief Jens Weidmann told economists, pressing the bloc's governments to get their economies in shape and tighten their fiscal rules. Industry sources say Singapore state investor Temasek has not approached the British government about buying a 4.5 billion pound ($6.70 billion) stake in part-nationalized Lloyds Banking Group Carlos Ghosn, chief executive of both French carmaker Renault and its Japanese partner Nissan will have sold a total of 100,000 electric vehicles so far by the end of June.

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