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  • LONDON, June 30- Nickel tumbled to a six-year low on Tuesday and other metals also fell as speculators sold off on worries over excess supply, uncertainty in top metals consumer China and the Greek debt crisis. The CTAs are looking to run the metals down where they can, "said Robin Bhar, head of metals research at Societe Generale in London. "Things are very volatile...

  • *Eyes on Iran nuclear talks in Vienna. Brent for August was up 60 cents at $62.61 a barrel by 0925 GMT, after falling to $61.35 on Monday, its weakest since June 5. U.S. crude was up 30 cents at $58.63, having closed down $1.30 at $58.33 a barrel.

  • LONDON— Britain's economy grew faster than previously estimated in the first quarter of 2015, thanks to a rise in construction output. Chris Williamson, chief economist at Markit, says the upward revision will heap pressure on Bank of England policymakers to consider hiking interest rates— particularly as there is now evidence of rising incomes and pressure...

  • *Asia shares rise, China breaks losing streak. LONDON, June 30- Eurozone stocks, low-rated bonds and the euro weakened on Tuesday as Greece looked set to default on a repayment due to the International Monetary Fund and to plunge deeper into financial crisis. The breakdown of talks between Athens and international creditors over the weekend has led to a...

  • More than 13,000 people gathered in Athens Monday to support Tsipras and to denounce Greece's creditors, as they chanted: "Take the bailout and go!" Greece's bailout program ends Tuesday, when the country is unlikely to make a 1.6 billion euro repayment to the International Monetary Fund. The move shook world markets, saw Greek borrowing rates skyrocket, and set...

  • TOKYO— Asian stock markets bounced back Tuesday, recouping some of the previous day's sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. China's Shanghai Composite was down 0.6 percent at 4,052.47 while Australia's S&P/ASX 200 was little changed at 5,423.70. "Most traders are well prepped over...

  • SHANGHAI, June 30- China stocks plummeted and then rallied again in a highly volatile session on Tuesday, shrugging off regulatory attempts to pacify a tumbling market as rumours swirled about backdoor interventions from Beijing. China CSI300 stock index futures for July rose 7 percent, to 4,340, which was 64.91 points above the current value of the...

  • MELBOURNE, June 30- London nickel careened down 8 percent on Tuesday to six-year lows and Shanghai nickel tumbled to its limit after the Shanghai exchange broadened delivery options, sparking a stampede by investors for exits. London nickel, which peaked above $21,000 in May last year but has since fallen by half, had been a top pick for investors who bet that...

  • LONDON- Reserve Bank of Australia Governor Glenn Stevens speaks at an event hosted by Official Monetary and Financial Institutions Forum- 0840 GMT. LONDON- Bank of England's Paul Fisher speaks at the Financial Times Future of Insurance event- 0840 GMT. VIENNA- European Central Bank Governing Council member Ewald Nowotny to give a keynote speech at "Raiffeisen...

  • LONDON/ HONG KONG, June 30- Money raised in global equity capital markets rose in the first half of the year to top $500 billion, but bankers' fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals. Initial public offerings had reigned supreme in the first half of last year, but they dropped by 18 percent to $96.8 billion...

  • NEW YORK/ LONDON, June 29- Mergers and acquisitions worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. These include Royal Dutch Shell Plc's $70 billion acquisition of British rival BG Group Plc, cable...

  • CAPE CANAVERAL, Fla. June 29- SpaceX on Monday was searching for what destroyed its Falcon 9 rocket after liftoff over the weekend, leaving customers still loyal but unsure when their satellites might fly. The privately-held company, owned and operated by technology entrepreneur Elon Musk, has flown 18 successful missions with the Falcon 9 before Sunday's...

  • LONDON, June 29- Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said it would seek to seize the assets of drillers operating in region. He said Argentina was conducting a "flagrant and unacceptable campaign to strangle the Falkland Islands...

  • *Worried about Greece, investors shun riskier assets. NEW YORK, June 29- Crude futures hit 3- week lows on Monday as Greece shut its banks and imposed capital controls, causing widespread risk aversion, while Iran looked likely to extend nuclear negotiations with the West to export more of its oil into an oversupplied market. "It's all about Greece today," said oil...

  • NEW YORK, June 29- U.S. stocks added to a global selloff on Monday as Greece veered toward a default on its debt, while the euro recovered from early sharp loss to turn higher against the dollar. Greece will not pay a 1.6 billon euro loan installment due the International Monetary Fund on Tuesday, a Greek government official told Reuters. Talks between Athens and its...

  • Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe, were detained as part of an investigation that earlier led to Uber's offices being raided by police in March. Uber has provoked protests by taxi drivers from London to New Delhi as it upends traditional business models that require professional drivers...

  • LONDON, June 29- Government borrowing costs in Europe's indebted southern countries steadied at higher levels late on Monday after a sharp rise at the opening on concerns Greece's referendum might pave its way out the euro. Euro zone debt markets saw a glimpse of the contagion that spooked investors at the height of the euro zone debt crisis in 2012, but...

  • *Oil market also eyeing Iran nuclear negotiations. NEW YORK, June 29- Crude futures hit 3- week lows on Monday as Greece shut its banks and imposed capital controls, causing widespread risk aversion, while Iran looked likely to extend nuclear negotiations with the West to export more of its oil into an oversupplied market. Also, the Iran deadline for a nuclear pact...

  • BERN/ LONDON, June 29- Greece's deepening debt crisis prompted bankers to pause, not panic, on Monday, and though markets dropped sharply they held above previous crisis lows. Euro zone stocks remained well ahead of where they were at the start of the year before the European Central Bank started printing money, and while government borrowing costs shot up in...

  • *Serbia, Macedonia limit bank transactions with Athens. Millions of people in Bulgaria, Macedonia, Albania, Serbia and Romania have deposits in banks owned by Greek lenders, putting this corner of south-eastern Europe in the frontline if the Greek crisis spreads. Central banks in Macedonia and Serbia introduced extra restrictions on the movement of capital...