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  • German Chancellor Angela Merkel and French President Francois Hollande will meet in Paris in the afternoon. *Greece's finance minister quit and Prime Minister Alexis Tsipras said his government was ready to return immediately to negotiations with creditors in a bid to open shuttered banks. The Institute for Supply Management's services index data is...

  • *German government says up to Greece to act to stay in euro. BERLIN, July 6- The German government signalled a tough line towards Greece on Monday, saying it saw no basis for new bailout negotiations and insisting it was up to Athens to move swiftly if it wanted to preserve its place in the euro zone. With opinion towards Greece hardening in Germany's ruling coalition...

  • 'Grexit' tips over to base case for many big banks Monday, 6 Jul 2015 | 6:56 AM ET

    LONDON, July 6- Greece leaving the euro zone has tipped over to become the base case for many international bank economists after Sunday's overwhelming' No' vote against further austerity imposed by creditors. A Reuters poll of more than 70 economists published a week ago, just before Greece defaulted on a 1.6 billion euro payment to the International Monetary...

  • *Greece must come back with fresh proposals-Sapin. PARIS, July 6- France urged Greece on Monday to come back to the negotiating table with new proposals, insisting a cash-for-reform deal was possible even as the country's resounding' No' vote prompted growing German calls for its exit from the euro zone. President Francois Hollande, who welcomes Germany's Angela...

  • ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed "erratic Marxist" economist who infuriated euro zone partners with his...

  • ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any last-minute deal to keep Athens in the euro zone after Greeks voted resoundingly to reject the austerity terms of a bailout. With banks shuttered, cash machines running out of banknotes and sympathy for Athens among EU governments close to...

  • ATHENS, Greece— The latest on the bailout referendum in Greece:. Greek Finance Minister Yanis Varoufakis has resigned, saying he was told shortly after the Greek referendum result that the other eurozone finance ministers and Greece's other creditors would prefer he not attend the ministers' meetings. The president of the eurozone finance ministers' group,...

  • *China shares struggle to rally despite Beijing support measures. SYDNEY/ TOKYO, July 6- Asian stocks hit a six-month trough and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. A rush from risk took MSCI's broadest index of...

  • *China shares rally as Beijing steps up support measures. SYDNEY/ TOKYO, July 6- Asian stocks and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. Japan's Nikkei share index fell 1.4 percent while MSCI's broadest index of Asia-Pacific...

  • SYDNEY/ TOKYO, July 6- The euro and stock prices fell sharply in Asia on Monday after the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in the single currency. U.S. equity futures dropped around 1.4 percent while Japan's Nikkei shares fell 1.4 percent and MSCI's broadest index of...

  • NEW YORK, July 5- The overwhelming Greek rejection of a bailout is likely to boost market uncertainly, weaken the euro and trigger a stocks selloff in the near term as investors assess how the European Central Bank works to stop contagion spreading from Greece. Greece faces a July 20 deadline to repay the ECB a 3.5 billion euro bond. The reaction on financial...

  • LONDON, July 5- If Greece's' No' vote shocked euro zone leaders, it brought delight to opponents of the European Union who said it showed the entire European project, including the euro, was dying. "The EU project is now dying," said Nigel Farage, leader of the UK Independence Party, an anti-EU party which won 12.6 percent of the vote-- but just one seat-- in Britain's May 7...

  • *JPMorgan says Grexit now more likely than not. Many economists, including those at U.S. banking giant JPMorgan, reckon the outcome of Sunday's referendum will probably hasten Greece's exit from the euro. "Although the situation is fluid, at this point Greek exit from the euro appears more likely than not," JPMorgan's Malcolm Barr told clients on Sunday evening,...

  • BERLIN, July 5- German Chancellor Angela Merkel agreed in a phone call with French President Francois Hollande on Sunday night that a euro zone leaders' summit should be held on Tuesday after Greeks rejected bailout terms in a referendum, a German government spokesman said. The chancellor and president also agreed that the referendum result should be...

  • *Referendum set to decide Greece's future in euro. ATHENS, July 5- Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum, partial results showed, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro. "The negotiations which will start must be concluded...

  • BERLIN, July 5- German Chancellor Angela Merkel will travel to Paris on Monday afternoon to discuss the result of the Greek referendum with French President Francois Hollande, a German government spokesman said on Sunday.

  • *Battery storage still too expensive in most of Europe. NICE, France, July 5- A major pilot project by Europe's largest power network operator to integrate power from rooftop solar panels into the grid has shown that battery storage of renewable energy is not yet economically viable in Europe. The 30 million euro "Nice Grid" pilot is one of the biggest in a European...

  • ATHENS, Greece— The latest on the bailout referendum in Greece:. The final results of Greece's bailout referendum are in, with all 19,159 precincts reporting. The president of the eurozone finance ministers' group, Jeroen Dijsselbloem, calls the outcome of Sunday's referendum "very regrettable for the future of Greece."

  • 'Take the bailout', Greek voters say—just barely Saturday, 4 Jul 2015 | 4:36 PM ET
    A rally in support of a "NO" vote in Athens, Greece, July 3, 2015.

    Greek voters are torn on taking the bailout, with the 'yes' camp only marginally outweighing the 'no' voters, a poll showed.

  • Suez CEO says Q2 market trends more favourable Saturday, 4 Jul 2015 | 12:11 PM ET

    AIX-EN-PROVENCE, France, July 4- Suez Environnement, the world's second largest waste and water company, said on Saturday market trends were slightly more favourable in the second quarter of the year after a flat first quarter. In April, the French group reported a 5.5 percent increase in first quarter sales, boosted by the euro's weakness. In the second quarter...