A major airline industry group said Wednesday it is backing off plans to introduce a standard size carry-on bag that would be smaller than some countries currently allow on planes.

The Geneva-based International Air Transport Association (IATA) said in a statement it was "pausing the rollout of its Cabin OK initiative and beginning a comprehensive reassessment in light of concerns expressed, primarily in North America."

U.S. technology giant Cisco announced Thursday that it will invest more than $10 billion in China in coming years to help the country "innovate and globalize".

Cisco signed a Memorandum of Understanding (MOU) with the National Development and Reform Commission, the country's top economic planning agency, to expand investment in China focusing on areas of innovation, equity investment, research and development and job creation, the company said in a statement.

The U.S. will put the image of a woman on an American banknote for the first time in over a century, breaking the lock that white male political heroes have on the greenback.

The U.S. Treasury announced Thursday that a yet-unchosen woman, likely "a champion for our inclusive democracy," will feature on the $10 note from 2020, replacing Alexander Hamilton, the first secretary of the treasury.

Failure of talks between Greece and its creditors would have "extremely serious" consequences for Europe, France's finance minister warned Wednesday on the eve of a crucial ministerial meeting to discuss the crisis.

A breakdown in talks would be "very serious for Greece but also extremely serious for the European project," Michel Sapin told lawmakers.

Toyota on Wednesday defended a controversial new share sale that critics, led by overseas institutional investors, derided as a bid to tame shareholder activism.

The world's biggest automaker said 75 percent of shareholders voted in favor of the plan on Tuesday that will see it sell up to 50 million new shares, which must be held for five years and will not be publicly traded.

Every morning on his way to work in Yangon, builder Zaw Min Tun takes a swig of water at a Buddhist temple, a vital place to quench a thirst for the many ordinary citizens left behind by Myanmar's economic boom.

Bottled water is among the plethora of consumer industries set to take off as the country emerges from decades of isolated junta rule, putting more money in the pockets of the country's rich and a growing middle class.

The Greek central bank warned Wednesday that the country could crash out of the eurozone and even the European Union if it fails to reach a bailout deal with international creditors.

"Failure to reach an agreement would... mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and -– most likely -– from the European Union."

Goldman Sachs intends to launch a digital banking division to lend to small businesses and consumers, broadening its clientele from its blue-chip base.

The move reflects the 146-year-old Wall Street giant's belief that new technology allows it to increase its lending pool without being weighed down with branches and other traditional costs associated with lending to smaller parties.

Greek Prime Minister Alexis Tsipras sought Tuesday to muster domestic support for his government in its tug-of-war with EU-IMF creditors over a deal to save Greece from default.

Tsipras was meeting with a top conservative politician and the leaders of the socialist and pro-EU parties as Greece came under pressure to compromise with no new proposals in the offing.

Toyota won approval Tuesday for a controversial new stock sale that it defended as a way to lure stable, long-term investors, overcoming stiff opposition from some institutional shareholders overseas.

The world's biggest automaker said 75 percent of shareholders voted in favor of the plan that would see it sell up to 50 million of the new shares, which must be held for five years and would not be publicly traded.