BEIJING - The International Monetary Fund no longer believes China's tightly controlled currency is undervalued, an IMF official said Tuesday, a stance that might help Beijing in its wrangling with Washington over exchange rate controls.
... * Spanish stocks impacted by govt's defeat in local election. * Ryanair's shares rise after airline's profits surge.
VAROUFAKIS_CNN_604_355 Greek Finance Minister Yanis Varoufakis said that Athens will make the payment due to the International Monetary Fund (IMF) in June provided there is a deal with creditors by then.
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%.