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  • *Tesco's Malaysia business worth 900 mln pounds- sources. KUALA LUMPUR, July 7- Japan's Aeon Co Ltd is interested in buying the Malaysian operations of Britain's Tesco PLC, valued at about 900 million pounds, people familiar with the matter told Reuters. The Japanese retailer has 28 hypermarkets in the country and plans to open 100 more stores in various formats by...

  • LONDON, July 7- Howls of anguish from currency fund managers about a lack of volatility have given way to complaints that, while big price swings in exchange rates are back, a directionless market means it is no easier to make money. Paul Lambert's currency fund at Insight Investment gained 4.7 percent in the first quarter of the year, as the dollar continued a...

  • *China stock markets fall again, Greece fights to stay in euro. *Possible return of Iran oil exports weighs on forward contracts. LONDON, July 7- Oil rose on Tuesday after one of its biggest sell-offs this year but looked vulnerable to more falls after China's stock market took another tumble and Greece moved closer to leaving the euro zone.

  • LONDON, July 7- British retailer Marks& Spencer reported a dip in first-quarter underlying sales in its clothing, shoes and homeware business on Tuesday, a setback after a return to growth in the previous three months. Shares in Marks& Spencer, which also sells groceries, have risen a quarter over the last year on hopes the billions of pounds spent by Chief Executive...

  • LILLE, July 7- A migrant died in the Channel Tunnel, the second one in less than two weeks, causing traffic to be suspended for an hour, local authorities said on Tuesday. Early on Tuesday at around 0345 GMT, migrants were spotted on a freight train, prompting traffic towards England to be suspended, they said. Around 3,000 migrants live around Calais, many trying to...

  • *Europe shares recover as Greece summit awaited. Failure to reach a deal would increase the likelihood of Greece leaving the single currency. "The rest of Europe is ring fenced from what's going on in Greece.

  • LONDON, July 7- British retailer Marks& Spencer reported a dip in first-quarter underlying sales in its clothing, footwear and homewares business on Tuesday, a minor setback for the group after a return to growth in the previous three months. Chief Executive Marc Bolland has stressed that his strategy is to primarily focus on profit margins rather than driving...

  • *Investors hope for eventual deal on Greece. TOKYO, July 7- Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union. Japan's Nikkei rose 1.4 percent after a sharp fall on Monday while European shares were...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT. PARIS- Bank of France Governor Christian Noyer is due to speak about EU capital markets union at a financial sector conference- 0700 GMT. FRANKFURT- German's Bundesbank Board member Joachim Nagel to speak on "Asset Management of Public Pension Funds"- 1400 GMT.

  • NEW YORK/ LONDON, July 6- Commodities prices dropped to their lowest in nearly three months on Monday, dragged lower by a fresh rout in oil and copper as Greece's rejection of debt bailout terms and China's stock market woes unleashed a fresh round of selling. Greece's deepening economic crisis is unlikely to hurt global fuel demand on a major scale, but nervous oil...

  • NEW YORK, July 6- Oil prices suffered their biggest selloff in five months on Monday, falling as much as 8 percent as Greece's rejection of debt bailout terms and China's stock market woes set off a deepening spiral of losses. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal, which could bring more supply to the...

  • *Expected to pursue issue of debt relief for Greece. ATHENS, July 6- Euclid Tsakalotos, the mild-tempered professor who was appointed as Greece's new finance minister on Monday, is a clear change in style from his combative predecessor Yanis Varoufakis. The 55- year-old Tsakalotos studied at prestigious private London school St Paul's and at Oxford University,...

  • *Expected to pursue issue of debt relief for Greece. The 55- year-old Tsakalotos studied at prestigious private London school St Paul's and at Oxford University, speaks Greek with a British accent and rarely appears in public, let alone wearing the torso-hugging T-shirts Varoufakis favors. Like Varoufakis, Tsakalotos has often decried Europe for big...

  • BOSTON/ LONDON, July 6- Jeff Feig, the co-chief investment officer of hedge fund Fortress Investment Group LLC's macro fund is leaving the company after less than a year, with Michael Novogratz becoming sole CIO, three sources with knowledge of the changes said. Feig, 48, joined Fortress less than a year ago from Citigroup Inc, where he was a foreign exchange...

  • NEW YORK, July 6- Oil prices tumbled their most in three months on Monday, with U.S. crude falling 6 percent, after Greece's rejection of debt bailout terms and China's rolling out of emergency measures to support its stock markets shook global markets. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal, which...

  • *Oil sinks 5 percent on worries over Greece, China, Iran. SAN FRANCISCO, July 6- Equity markets around the world fell on Monday and U.S. oil prices slumped 5 percent after Greece overwhelmingly voted against conditions for a rescue package and on unprecedented measures in China to staunch massive recent losses in its stock markets. Wall Street trimmed earlier...

  • The Associated Press couldn't immediately verify the authenticity of the leaked material and Rabe declined to comment on the accuracy of the documents, citing confidentiality agreements. Still, some of the billing records being shared online appeared to corroborate work by Citizen Lab, a research group at the Munk School of Global Affairs at the University...

  • NEW YORK, July 6- Oil prices tumbled their most in three months on Monday, with U.S. crude falling 5 percent, after Greece's rejection of debt bailout terms and China's rolling out of emergency measures to support its stock markets shook global markets. Adding to the pressure on oil markets, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal,...

  • NEW YORK- Aetna Inc Chief Executive Officer Mark Bertolini says he is confident that an antitrust review of its proposed purchase of Humana Inc will allow the deal to close in the second half of 2016, seeking to allay investor concerns of significant regulatory hurdles. ATHENS/ FRANKFURT- Greece's outspoken finance minister resigns, removing a major obstacle...

  • NEW YORK— Stocks in the U.S. fell broadly in afternoon trading Monday following sharper drops in Europe and Asia as Greeks voted to reject the spending cuts and tax increases demanded by its creditors for additional loans. Meeting in Paris with her French counterpart, German Chancellor Angela Merkel stressed the importance of Greece taking "responsibility"...