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  • Here's how things look now: The left-wing party, Syriza, holds power in Athens. Greece actually did miss a loan payment to the International Monetary Fund late Tuesday. Part of the calm reflects hope that Greece ultimately will reach a deal with its creditors and that Greeks will vote Sunday to accept their demands and keep the euro. Improving economic conditions...

  • *Ukraine wants binding protocol until at least March next year. BRUSSELS, July 1- The biggest obstacle to a gas supply deal between Moscow and Kiev is not the price, but Russia's refusal to sign a legally binding agreement, the head of Ukraine's state gas firm Naftogaz said in an interview on Wednesday. Naftogaz Chief Executive Andriy Kobolev was speaking in...

  • HONG KONG, July 2- Foreign asset managers are seeking easier access to China's restricted capital markets, saying it is a prerequisite for mainland-listed shares to be added to global indexes. China- listed shares known as A shares are generally only available to Chinese citizens. The Vanguard FTSE Emerging Markets ETF, which has some $50 billion in assets, ranks...

  • ATHENS, Greece— Greece braced for more chaos on the streets outside its mostly shuttered banks Thursday, as Athens and its creditors halted talks on resolving the country's deepening financial crisis until a referendum this weekend. The European Central Bank left the terms of its emergency $100 billion cash support to Greece unchanged, a day after Athens...

  • 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.

  • LONDON, July 2- Luxury carmaker Jaguar Land Rover has signed a contract to build some vehicles in Austria, it said on Thursday, a further expansion away from its UK manufacturing base. The brand, owned by India's Tata Group since 2008, opened its first overseas manufacturing plant in China in October and is building a Brazilian plant in a bid to expand volumes and...

  • BERLIN— A robot has killed a contractor at one of Volkswagen's production plants in Germany, the automaker said Wednesday. The man died Monday at the plant in Baunatal, about 100 kilometers north of Frankfurt, VW spokesman Heiko Hillwig said. The 22- year-old was part of a team that was setting up the stationary robot when it grabbed and crushed him against a metal...

  • FRANKFURT, July 1- Euro zone central bank chiefs kept their existing cap on a funding lifeline to Greece in place on Wednesday, the ECB said, a move that keeps pressure on Greece as its lenders run out of cash. As the central bankers gathered in Frankfurt, a defiant Prime Minister Alexis Tsipras urged Greeks to reject an international bailout deal, wrecking any...

  • July 1- U.S. crude oil futures' discount to Brent, one of the biggest plays in oil, widened to more than $5 a barrel for the first time in three weeks on Wednesday after U.S. government data showed a surprise inventory build. "The bottom line is the overall U.S. stock build is weighing on heavily on WTI, and the Cushing build is adding to that," said Tariq Zahir, an oil trader and...

  • *Scepticism in euro zone about lending more to Greece. ATHENS/ BRUSSELS, July 1- A defiant Prime Minister Alexis Tsipras urged Greeks on Wednesday to reject an international bailout deal, wrecking any prospect of repairing broken relations with EU partners before a referendum on Sunday that may decide Greece's future in Europe. European Council President...

  • DUESSELDORF/ FRANKFURT, July 1- A German court reaffirmed on Wednesday that YouTube was only responsible for blocking copyright-infringing videos which had been brought to its attention, but the judicial panel said the Google video unit could do more to stop breaches. A spokesman for Google in Germany said it would wait until the court's detailed reasoning is...

  • HAVANA/ WASHINGTON, July 1- The United States and Cuba on Wednesday formally agreed to restore diplomatic ties that had been severed for 54 years, fulfilling a pledge made six months ago by the former Cold War enemies. "Cuba is encouraged by the reciprocal intention to develop respectful and cooperative relations between our two peoples and governments," Raul...

  • *OPEC output at three-year highs in June- Reuters survey. The dollar's rally on Greece's debt default, Iran's renewed efforts to reach a nuclear deal with the West to freely resume its crude exports, and signs of OPEC output at three-year highs, further weighed on the market. But the overall feel is that we have more than enough crude and the market could be in a...

  • *Company to invest in producing Jeep in India. *India to be No. 3 car market by 2020- IHS Automotive. NEW DELHI, July 1- Fiat Chrysler will invest $280 million to begin Jeep production in India from 2017 through an expanded joint venture with Tata Motors, the carmaker said on Wednesday.

  • LUXEMBOURG/ BERLIN, July 1- Lufthansa is considering selling its 13 percent stake in Luxair and has been in touch with other shareholders, including the Luxembourg government, to discuss the matter. Luxembourg infrastructure minister Francois Bausch said in a public session of parliament he had received a letter from Lufthansa stating the company's...

  • *Berlin plays down suggestion of policy rift with Paris. PARIS, July 1- France wants the euro zone to push for a deal with Greece before Sunday's referendum, President Francois Hollande said on Wednesday, in comments that differed sharply from those of German leaders. "It is our duty to keep Greece in the euro zone.

  • *OPEC output rises to three-year high. LONDON, July 1- Oil fell to trade further below $63 a barrel on Wednesday after U.S. crude inventories unexpectedly rose, the latest sign of a supply glut that may increase if Iran reaches a nuclear deal with world powers. "The oil market is being literally flooded with OPEC crude oil at present," said Carsten Fritsch, analyst at...

  • *Schaeuble says situation in Greece much worse since Tsipras. A day after Greece became the first advanced country to default to the International Monetary Fund, frustration in Berlin bubbled over, with politicians openly questioning whether they could negotiate in good faith with Tsipras if he survives a Greek referendum he has called for Sunday.

  • ZURICH, July 1- The Swiss government said on Wednesday Thomas Bauer, an expert in banking law and combating money laundering, would become the new chairman of the financial regulator FINMA from January 2016. FINMA drew some criticism this year over its handling of allegations surrounding HSBC Holdings Plc's Swiss business. The government also named on...

  • BERLIN— Media rights group Reporters without Borders says it is suing Germany's foreign intelligence agency, claiming that it spies on the organization's emails sent to foreign contacts in countries such as China or Uzbekistan. The Federal Administrative Court in Leipzig confirmed Wednesday that it had received and would now examine the suit filed by the...