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  • 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...

  • 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...

  • *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...

  • *France asks firms to get ready for return to post-sanctions Iran. VIENNA, June 29- France has asked its firms to prepare a return to Iran ahead of a likely deal with powers to curb Tehran's nuclear program, but Paris' tough stance in talks and ties with Sunni Arab states means its "love-hate" relationship with Iran will continue. Despite a long history of commercial,...

  • *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...

  • DUBAI, June 29- An assault on a Tunisian resort, which killed 39 people, has sent holidaymakers fleeing and dealt a major blow to the country's tourism industry, but the broader economy should be robust enough to withstand the shock. European tour operators are evacuating thousands of tourists after Friday's attack by a lone militant on a beach in Sousse and many...

  • DUBAI, United Arab Emirates— An indebted Dubai real estate developer says it will repay more than half a billion dollars in money owed to banks and trade creditors as part of its financial restructuring. The state-controlled company, Limitless, said Monday that more than 90 percent of the $564 million it will repay will go toward its bank debt, which represents 42...

  • ANKARA/ ARBIL, June 29- Iraq's semi-autonomous Kurdistan region has ramped up independent oil sales since mid-June while cutting allocations to Iraq's state oil firm SOMO in an escalating dispute over export rights and budget payments. June became the first month of large independent sales since December last year, when Kurdistan agreed a deal with Baghdad...

  • *Investors shun riskier assets on Greece fears. *Oil market also eyeing Iran nuclear negotiations. LONDON, June 29- Oil fell more than $1 to around $62 per barrel on Monday, touching its lowest in three weeks, as Greece shut its banks and imposed capital controls, causing investors to flee from riskier assets and darkening the demand outlook.

  • LONDON, June 29- Trading house Trafigura has sold half its stake in three Spanish copper and zinc mines to Abu Dhabi investment company Mubadala as part of a joint venture they are setting up to invest in base metals mining, the companies said on Monday. Sources close to the deal said it valued the mines business at around $1.4 billion, meaning Mubadala would be...

  • JOHANNESBURG, June 29- Packed tightly at a row of graffitied desks in an overcrowded classroom, students at Masiqhakaze Secondary School near Johannesburg shiver as a chilly breeze blows through broken windows. In a 2015 report the World Economic Forum ranked South Africa last in the quality of mathematics and science education and close to last at 139 out of...

  • *Investors shun riskier assets on Greece fears. *Oil market also eyeing Iran nuclear negotiations. LONDON, June 29- Oil fell more than $1 to below $62 per barrel on Monday, its lowest in three weeks, as Greece shut its banks and imposed capital controls, causing investors to flee from riskier assets and darkening the demand outlook.

  • VIENNA, June 29- A final deal to resolve the Iranian nuclear dispute could heighten domestic political tensions with two major elections looming in the Islamic Republic, analysts and officials said. Easing economic sanctions if a deal is reached will bolster President Hassan Rouhani's position within Iran's complex power structure bringing a political...

  • *Investors shun riskier assets on Greece fears. LONDON, June 29- Oil fell more than $1 to below $62 per barrel on Monday, its lowest in three weeks, as Greece shut its banks and imposed capital controls, causing investors to flee from riskier assets and darkening the demand outlook. The European Central Bank froze funding support to Greece's banks after bailout...

  • Street scene next to Taleghani Station in Tehran, Iran.

    Crucial nuclear talks with Iran in Vienna are likely to extend beyond the self-imposed deadline of Tuesday, the FT reports.

  • Solar Impulse plane en route to Hawaii from Japan Monday, 29 Jun 2015 | 1:13 AM ET

    TOKYO— A solar-powered plane took off from Japan early Monday to attempt a five-day flight over open water to Hawaii, the eighth leg of its bid to fly around the world without fuel. From Hawaii, it is to continue on to Phoenix, then hopscotch across the United States and the Atlantic to Europe, before returning to Abu Dhabi. Borschberg originally left Nanjing, China,...

  • *Investors eyeing Iran nuclear negotiations. TOKYO, June 29- Oil prices fell on Monday, with U.S. crude dipping below $59 per barrel to an almost three-week low, after Greece imposed capital controls as lenders refused to extend the country's bailout. Brent crude was down 79 cents at $62.47 a barrel by 0505 GMT, after rising 6 cents to $63.26 a barrel on Friday.

  • Iran talks likely to blow past deadline: Officials Sunday, 28 Jun 2015 | 5:16 PM ET
    Secretary of State John Kerry (left) and Iranian Foreign Minister Javad Zarif

    U.S. and Iranian officials said talks on a final accord would likely run past a June 30 deadline.

  • VIENNA, June 28- Iran is backtracking from an interim nuclear agreement with world powers three months ago, Western officials suggested on Sunday, as U.S. and Iranian officials said talks on a final accord would likely run past a June 30 deadline. Securing an historic agreement would end a more than 12- year nuclear standoff between Iran and the West and open the...

  • *Zarif to return to Vienna on Monday. Iranian Foreign Minister Mohammad Javad Zarif was to leave Vienna and return to Tehran for consultations with the country's leadership on the state of negotiations, Iran said. "Zarif will return to Tehran tonight and will come back to Vienna tomorrow," Iran's Tasnim news agency said, citing an unnamed Iranian official.