Greek exit “unavoidable” if reform stops

Greece's exit from the euro will be "unavoidable" if anti-austerity radicals win a June 17 election and halt painful economic reforms, a leading German conservative was quoted on Wednesday as saying. Alexander

F1 owner cuts stake in $1.6 bln deal

Three investment groups have bought a 21% stake in Formula One from private equity firm CVC Capital for $1.6 bln ahead of the motor racing company's planned flotation in Singapore next month.