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  • Argentina, US bondholders meet as deadline looms Wednesday, 30 Jul 2014 | 12:22 AM ET

    NEW YORK— Argentina's economy minister emerged from daylong negotiations aimed at preventing a default Tuesday to say both sides had finally spoken for the first time, a development that raised hopes that a deal might be reached to avert a financial crisis.

  • HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

  • Messy situation as Argentina debt default looms Tuesday, 29 Jul 2014 | 6:05 PM ET

    LONDON, July 29- Argentina will find itself in its second default of the 2000 s on Thursday unless a last-minute deal is reached with holdout creditors who have rejected a debt restructuring deal. But Argentina and the creditors did not meet face to face.

  • Business Highlights Tuesday, 29 Jul 2014 | 6:03 PM ET

    SAN FRANCISCO— Dustin Moskovitz has learned a lot about communication since he teamed up with his college roommate Mark Zuckerberg to create Facebook a decade ago.

  • HOUSTON/ BAGHDAD, July 29- Iraq scrambled to gain control of a cargo of Kurdish oil worth $100 million off the Texas coast on Tuesday after the U.S. ordered its seizure in a bid by Baghdad to halt oil sales by the autonomous region of Kurdistan.

  • *Has said he will fight if Russia resists paying $50 bln claim. MOSCOW/ TEL AVIV, July 29- Former Yukos executive and top shareholder Leonid Nevzlin will face an uphill struggle getting any of the money he lost when the Russian oil giant was seized and nationalized after falling foul of the Kremlin.

  • *EU reaches deal on Russia sanctions, prompts short rally. Brent futures pared losses after news that European Union governments agreed on Tuesday to impose additional economic sanctions on Russia.

  • Argentina is out of legal options to avoid paying a court-ordered $1.33 billion, plus interest, to the holdout creditors who declined to restructure their bonds.

  • Argentina talks go long as debt deadline looms Tuesday, 29 Jul 2014 | 12:29 PM ET

    The Argentina group, which included Lopez, Javier Pargament from Argentina's treasury office, and two lawyers, did not speak to reporters who waited outside a midtown Manhattan building. But talks have been sporadic and have failed to bring representatives of Argentina to the table with lawyers for U.S. hedge funds.

  • BERLIN, July 29- Major airlines are taking differing stances to flying over Iraq, reflecting the piecemeal approach airlines currently take to flying over conflict zones and ahead of an international meeting of industry representatives to discuss the issue.

  • HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.

  • London's iconic Gherkin building put up for sale Tuesday, 29 Jul 2014 | 11:51 AM ET

    Accountancy firm Deloitte LLP was appointed receiver of the skyscraper this year after one of the building's owners, Germany's Immobilien AG, went into bankruptcy protection. IVG and Evans Randall bought the tower in early 2007 for 600 million pounds from insurer Swiss Re, a record at the time for a building in London's financial district, known as the City.

  • NEW YORK, July 29- BP Plc, Royal Dutch Shell Plc, Morgan Stanley and other companies urged a U.S. judge to dismiss nationwide litigation claiming they conspired for 12 years to fix prices of Brent crude oil, a benchmark for the cost of gasoline and heating oil.

  • NEW YORK, July 29- The U.S. dollar hit fresh eight-month highs against the euro on Tuesday and rose slightly against the yen and Swiss franc as traders awaited U.S. economic data and a potentially more hawkish tone from the Federal Reserve.

  • *Skymark says Airbus did not give it a chance to negotiate. *Airbus says Skymark was unable to perform on contract. TOKYO/ PARIS, July 29- Airbus said on Tuesday it had revoked an order for six A380 superjumbos from Skymark Airlines, losing the only Japanese customer for its biggest jet after the discount carrier struggled to raise cash to pay instalments.

  • LONDON, July 29- Brent crude oil fell towards $107 a barrel on Tuesday as ample supply outweighed concerns over political tensions in the Middle East, Africa and Europe. Despite conflicts in Ukraine, Iraq and Libya, global oil production has exceeded demand, leaving pockets of excess supply in Africa and Europe.

  • NEW YORK, July 29- Awas, the aircraft leasing company owned by British private equity firm Terra Firma, is working on a break-up that could value the Dublin- based lessor at roughly $13 billion, according to people familiar with the matter.

  • Maggie Gyllenhaal glows as 'The Honorable Woman' Tuesday, 29 Jul 2014 | 9:35 AM ET

    LOS ANGELES— "The Honorable Woman" is a meditative thriller that investigates a woman's inner life and a global hot spot.

  • *Russia accused by West of arming rebels in Ukraine. MOSCOW, July 29- Vladimir Putin risks becoming an international pariah over the Ukraine crisis but the Russian president is battening down the hatches for the gathering economic and political storm.

  • *Bank of Cyprus raises 1 bln euros from EU, US investors. LONDON/ NICOSIA, July 29- Bank of Cyprus, which has just raised 1 billion euros from investors, plans to sell up to 1 billion euros in bonds in September, chief executive John Hourican said, a move that would mark a rehabilitation of the euro zone's first bank to recapitalise using depositors' cash.