... * Spanish stocks impacted by govt's defeat in local election. * Ryanair's shares rise after airline's profits surge.
BEIJING - An official of the International Monetary Fund says it believes China's currency is no longer undervalued - a stance that might help Beijing in its wrangling with Washington over exchange rate controls.
MILAN Greece is committed to liberalizing its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday.
Under pressure from E.U. authorities, Amazon.com Inc. has changed the way it books revenue from sales in Europe, a move that could lead to it paying much more in tax, according to The Wall Street Journal.
Shares of low-cost carrier Ryanair took off on Tuesday, with the stock on track for an all-time closing high after the airline's full-year profit beat expectations and surged 66%.