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  • ATHENS, Greece— In a story July 2 about the Greek referendum, The Associated Press reported erroneously that the International Monetary Fund had said Greece would need debt relief worth 50 billion euros. The IMF said Greece needs new financing worth 50 billion euros as well as debt relief. ATHENS, Greece— Costas Christoforidis hasn't decided how to vote in...

  • Malaysia wants a tribunal for Malaysia Airlines crash Thursday, 2 Jul 2015 | 8:23 PM ET

    UNITED NATIONS— Malaysia told the U.N. Security Council on Thursday that it plans to submit a resolution soon that would establish an international tribunal to prosecute those responsible for shooting down a Malaysia Airlines plane over Ukraine last year. Ambassador Gerard van Bohemen, the current council president, told reporters after Malaysia's...

  • *Warning that vote will decide Greece's future in Europe. ATHENS/ WASHINGTON, July 2- The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country's future in Europe. Days after Greece defaulted on part of its IMF debt, the Fund,...

  • AMSTERDAM, July 2- Credit insurers are refusing to offer new cover to companies carrying out trade with Greece because of uncertainty over the solvency of Greek customers hit by capital controls, a Greek importer told Reuters. Without discussing specific cases, Amsterdam- based Atradius, said it was concerned that the referendum on whether to accept bail-out...

  • MOSCOW— A draft Dutch report into last year's crash of Malaysian Airlines Flight 17 in eastern Ukraine fails to offer a comprehensive picture, a Russian aviation official said Thursday. The Dutch Safety Board has made the draft available to representatives of Malaysia, Ukraine, the U.S., Russia, Britain, Australia and the Netherlands prior to the release of the...

  • *Warning that vote will decide Greece's future in Europe. ATHENS, July 2- As Greece heads to a referendum on Sunday that could decide its future in the euro zone, long queues at cash machines have become the most potent symbol of the cost of the deadlock between the left-wing government and its international lenders. Prime Minister Alexis Tsipras' rejection of what...

  • ATHENS, Greece— The battle for Greek votes entered full swing Thursday ahead of a crucial weekend referendum that could decide whether the country falls out of the euro. Greece's rescue lenders have halted negotiations on a new financial aid program until after the vote on whether to accept reforms the creditors proposed last week in exchange for bailout...

  • DIARY- Top Economic Events to July 15 Thursday, 2 Jul 2015 | 12:00 AM ET

    LONDON- Bank of England's Andrew Gracie speaks at financial services cyber security conference- 0805 GMT. MILAN, Italy- European Central Bank President Mario Draghi to give opening remarks at T2S launch celebration- 1510 GMT. MILAN, Italy- European Central Bank Executive Board member Yves Mersch to give closing remarks at T2S launch celebration- 1700 GMT.

  • *Heathrow plan provides greatest benefits, commission says. Proposals to expand Heathrow in densely populated west London are politically divisive and likely to fuel tensions in the ruling Conservative party. Cameron set the deadline after a government-appointed commission selected Heathrow, Britain's busiest airport, as the preferred location for...

  • Red-hot fuel demand can't shore up the oil price alone Wednesday, 1 Jul 2015 | 8:48 AM ET

    LONDON, July 1- Sales of transport fuels have exceeded all expectations this year, making demand from reviving economies the mantra of bulls who say the oil price is well on the mend. But warning signs, especially in Europe, may derail that view. Gasoline consumption has bounced far higher, with U.S. drivers joining those in India, Indonesia and China in driving more...

  • *Heathrow plan provides greatest benefits, commission says. Proposals to expand Heathrow in densely-populated west London are politically divisive and likely to fuel tensions in the ruling Conservative party. After a three-year study, the Airports Commission, as expected, selected a new runway at Heathrow over two other shortlisted options, arguing that it...

  • DIARY- Top Economic Events to July 13 Tuesday, 30 Jun 2015 | 8:01 PM ET

    LONDON- Bank of England publishes financial stability report, followed by Governor Mark Carney's news conference- 0930 GMT. FRANKFURT- European Central Bank Governing Council meeting. BERLIN- European Central Bank Governing Council member Jens Weidmann and Bundesbank Vice President Claudia Buch to participate in cabinet meeting of the federal...

  • THE HAGUE, Netherlands— Eurogroup chief says' it would be crazy to extend' Greek program under current circumstances.

  • MOSCOW— Russian investigators announced Tuesday they are reopening the case of the 1998 killing of a Siberian mayor and consider former oil tycoon Mikhail Khodorkovsky a prime suspect. Khodorkovsky has lived in exile in Switzerland since his 2013 release from prison, where he spent 10 years on charges of tax evasion, embezzlement and money laundering that...

  • DIARY- Top Economic Events to July 10 Monday, 29 Jun 2015 | 8:01 PM ET

    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...

  • Asia oil pricing change to raise trade volumes Thursday, 25 Jun 2015 | 11:44 PM ET

    The change in how fuel oil, diesel, jet fuel and gasoline are assessed for loadings out of Singapore and Malaysia takes a borderless approach similar to that in the world's largest oil storage hub Amsterdam- Rotterdam- Antwerp. The main change is that from July in Platts' free-on-board Singapore price assessments- the basis for most contract and spot deals done in...

  • Hedge funds say au revoir to glitzy Monaco bash Thursday, 25 Jun 2015 | 1:32 PM ET

    *Top industry conference heads to Amsterdam. MONACO, June 25- Ferraris, super-yachts and free-flowing champagne- for a decade, Monaco and hedge funds have gone hand-in-hand. As the warm Mediterranean sun set over Le Méridien Beach Plaza hotel in the small principality, attendees could look forward to next year's event in Amsterdam.

  • Landmark Dutch ruling: Cut emissions to protect citizens Wednesday, 24 Jun 2015 | 5:07 AM ET

    Climate activists in a packed courtroom in The Hague erupted into cheers as Presiding Judge Hans Hofhuis told Dutch authorities to cut the country's greenhouse gas emissions by at least 25 percent by 2020 from benchmark 1990 levels. "The verdict is a milestone in the history of climate legislation, because it is the first time that a government was ordered to...

  • THE HAGUE, Netherlands— Dutch retailer Royal Ahold NV, which operates U.S. supermarket chains Stop& Shop and Giant, has agreed to merge with its Belgian counterpart Delhaize Group, in a deal that creates a $29 billion company that will serve over 50 million customers a week across the Atlantic. Delhaize, which owns supermarkets throughout Belgium, also operates...

  • Dutch government cuts gas drilling in quake-hit region Tuesday, 23 Jun 2015 | 8:14 AM ET

    THE HAGUE, Netherlands— The Dutch government is further cutting production of natural gas in the north of the country in an attempt to reduce the number of small earthquakes blamed on the drilling. Economic Affairs Minister Henk Kamp announced Tuesday that production in the Groningen region this year will be brought back to 30 billion cubic meters of gas from...