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  • SINGAPORE/ TOKYO, July 6- Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash. "With Greece reserves running low and no immediate bailout funds on the horizon, Greece is on a straight path out of the...

  • *China shares rally as Beijing steps up support measures. SYDNEY/ TOKYO, July 6- Asian stocks and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. Japan's Nikkei share index fell 1.4 percent while MSCI's broadest index of Asia-Pacific...

  • TOKYO/ SINGAPORE, July 6- Oil prices fell sharply in early trading on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps over the weekend to prevent a full-blown stock market crash. In China, stock markets face a make-or-break week after officials rolled out a series of...

  • TOKYO— Asian markets mostly fell Monday as investors reacted to Greece's sound rejection of terms set by its international creditors, deepening uncertainties over its status as a member of the 19- nation eurozone. The initial response to Sunday's Greek referendum was negative but not panicked; Greece's debt woes have long overshadowed the markets.

  • SYDNEY/ TOKYO, July 6- The euro and stock prices fell sharply in Asia on Monday after the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in the single currency. U.S. equity futures dropped around 1.4 percent while Japan's Nikkei shares fell 1.4 percent and MSCI's broadest index of...

  • LONDON, July 5- If Greece's' No' vote shocked euro zone leaders, it brought delight to opponents of the European Union who said it showed the entire European project, including the euro, was dying. "The EU project is now dying," said Nigel Farage, leader of the UK Independence Party, an anti-EU party which won 12.6 percent of the vote-- but just one seat-- in Britain's May 7...

  • It's urging a "no" vote and says that will have no impact on Greece's euro status. Proponents of a "yes" vote, including a parade of former prime ministers and the main opposition party, say backing the government will jeopardize Greece's place in the euro. Instead, they argue that by voting "yes" Greece would get a new deal quickly to shore up the economy.

  • ATHENS, Greece— Greece lurched into uncharted territory and an uncertain future in Europe's common currency Sunday after voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt economy. It was a decisive victory for Prime Minister Alexis Tsipras, who had gambled the future of...

  • ATHENS, Greece— Dimitris is voting "yes" because he fears Greece would be in danger if it leaves the European Union. His daughter Alexandra is voting "no" because she is tired of richer European nations bossing Greece around. The ballot question does not address whether Greece should abandon the euro currency or leave the 28- member European Union, but many voters...

  • DUBAI, July 4- Iran's oil minister Bijan Zanganeh will soon present a long-awaited template for new international oil contracts to the government, as foreign companies watch for a nuclear deal that could allow them into a major untapped market. "The oil minister will soon lay out the new model for Iran's international oil contracts to the council of ministers,"...

  • *Zhang most recently worked with Credit Suisse. *Neil Harvey to serve as Credit Suisse's Greater China CEO. Zhang, who mostly recently served as the co-chief executive officer for Greater China at Credit Suisse, will help Blackstone to expand its presence in the region, the statement added.

  • Yes or no? What Greece's landmark vote might bring Friday, 3 Jul 2015 | 12:42 PM ET

    The referendum question makes no reference to Greece's future in the currency union. It is on a set of proposals that European creditors say they have withdrawn following the failure to forge a deal with Greece before an end-June deadline. It's urging a "no" vote and says that will have no impact on Greece's euro status.

  • *Euro STOXX 50 in biggest weekly drop since Dec. LONDON, July 3- A top euro zone share index ended Friday with its worst weekly fall this year, as the market was hit by uncertainty over Greece's referendum on its bailout terms, which could determine whether it stays in the single currency. European stock markets have lost ground due to concerns over Greece's debt...

  • Oil rigs increased by 12 to 640 following a slump that cut the number of active U.S. rigs from a peak of 1,609 in October to a nearly five-year low last week, energy services firm Baker Hughes Inc said. "This is the first weekly increase in 30 weeks and is an indication that the slump in drilling activity has ended," said Carsten Fritsch, senior oil analyst at Commerzbank...

  • Greek bank closures may deplete supermarket shelves Friday, 3 Jul 2015 | 11:49 AM ET

    LONDON/ ATHENS, July 3- A halt to international payments from Greek bank accounts is hurting Greek businesses and their foreign partners and threatening supplies of vital goods like food and clothing into the debt-crippled country. With banks closed, people limited to withdrawing 60 euros per day and Greece's future in the euro possibly hinging on a...

  • *HSBC, Lloyds, RBS plan "broad" ring-fence, Barclays differs. LONDON, July 3- Barclays is planning to set up a smaller separate UK bank than rivals as British lenders finalise how to restructure to meet new rules designed to give greater protection to savers and taxpayers. Unless it makes a U-turn, Barclays will adopt a different structure to its main rivals.

  • *Reporting season kicks off on July 8 with Alcoa. "What will be very important over the next few weeks is whether we start to see some supply responses emerging during the corporate results period," said Nicholas Snowdon, metals analyst at Standard Chartered in London. "Over the past six months Vale, BHP and Rio have independently suggested either cuts to existing...

  • SINGAPORE/ NEW YORK, July 3- Greece's huge global diaspora is dishing out advice to friends and relatives on how to vote in Sunday's referendum and some feel so strongly they are buying expensive tickets to get home to cast their own ballots. One airline put on extra flights and ticket prices have risen for expatriates who want to have a say in whether Greece...

  • Clear-out underway in online cleaning market Friday, 3 Jul 2015 | 8:13 AM ET

    *Germany's Helpling buys Britain's Hassle.com. But whereas Airbnb and Uber quickly built the scale to dominate their markets, online cleaning services is a more open field, with U.S. pioneer Homejoy apparently in retreat after a rapid expansion in the United States, Canada and then Europe. The Homejoy site no longer accepts bookings in Canada, France or Germany,...

  • LONDON, July 3- Europe's vast service industry expanded faster than initially thought last month, surveys showed on Friday, speeding ahead despite warning signs that Greece might crash out of the euro zone. "While the economic situation is actually progressing and seems to be fairly stable you can't help thinking that there could be a significant reversal in...