The Traderszone Network

The dollar trades higher against its rivals, as worries surrounding Greece continued to build, while a coming Fed meeting is sidelining the dollar.
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ATHENS/PARIS (Reuters) – European Commission President Jean-Claude Juncker said on Friday that stalled debt talks between Athens and its creditors would restart but put the ball firmly in the Greek government’s court to come up with an acceptable deal. Juncker spoke after the International Monetary Fund quit negotiations in Brussels on Thursday, and a European Union leader bluntly told Athens to stop “gambling” with its future.

French engineering group Alstom (ALSO.PA) said on Friday it will continue to provide evidence on the positive impact for Europe of the planned sale of its power business to General Electric Co.(GE.N). Alstom was reacting after two people familiar with the matter told Reuters on Thursday that General Electric needed to offer bigger concessions to win European Union approval for the deal as regulators plan to warn the U.S. company that it would harm competition.

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Honda Motor Co said on Friday it would restate its financial results for the last business year, to account for about $360 million in additional costs to pay for an expanded recall of cars equipped with air bag parts made by Takata Corp (7312.T). Japan’s third-largest automaker said in a statement it estimated additional spending of 44.8 billion yen ($363 million) after Takata, its top supplier of air bags, agreed to an expanded recall in the United States last month.

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Gangster rapper Snoop Dogg appears to be making a bid for the position of Twitter CEO — according to his tweets anyway.

Jefferies Group reduced its stake in market- maker KCG Holdings Inc. as the investment bank disposed of 6.53 million shares in the firm it helped rescue in 2012.

Dominique Strauss-Kahn, the former head of the International Monetary Fund, is facing a potential 10 year jail sentence in France Friday.