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  • ATHENS, Greece— Don't mention the golden years to Michaelis Kotaras. Not after the 78- year-old got up early Wednesday to stand in line, twice, outside the National Bank of Greece for the privilege of going inside to withdraw 120 euros less than a quarter of his monthly pension. He emerged with the cash, but without any certainty about when he will be able to access the...

  • *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...

  • DETROIT, July 1- Toyota Motor Corp expects the U.S. auto industry to sell more cars this year than in any year since at least 2005, Toyota U.S. sales executive Bill Fay said on Wednesday. In 2005, sales were 16.94 million vehicles. June sales of Toyota's trucks and SUVs rose, and its car sales fell, in line with Detroit automakers also reporting sales on Wednesday.

  • 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...

  • FRANKLIN TEMPLETON BOND ANALYSTS EXPECT' LONG AND COSTLY' LEGAL BATTLE RELATED TO PUERTO RICO'S RESTRUCTURING ATTEMPTS.

  • FRANKLIN TEMPLETON ANALYSTS DON' T SEE PUERTO RICO'S PROBLEMS SPILLING OVER INTO THE REST OF U.S.

  • 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...

  • HARTFORD, Conn.— Union workers at General Electric Co. have ratified contracts that increase compensation by $15,500 over four years, hold the line on health care contributions next year, provide pension improvements and make other changes. The agreements at the Fairfield, Connecticut- based company call for three cash payments totaling $8,000, four...

  • BOSTON— One of the most remarkable work stoppages in U.S. labor history will soon be the subject of a new documentary film. Director Jay Childs says "Food Fight: Inside the Battle for Market Basket" should be released in the fall. The film is about the yearslong power struggle between cousins Arthur T. Demoulas and Arthur S. Demoulas that came to a head last summer when...

  • *Appomattox project set to start production by end of decade. LONDON, July 1- Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water project economical despite low oil prices. The decision to pour billions of dollars into the Appomattox project comes as...

  • *Carney says ready to take any action needed on Greece. LONDON, July 1- The Bank of England said on Wednesday it stood ready to take any action required in response to Greece's worsening debt crisis, and warned that lack of liquidity left financial markets vulnerable to a sell-off. The central bank's warnings came in a half-yearly report that had to be revised after...

  • SAO PAULO— The Uber ride sharing service is facing roadblocks in Brazil's biggest city and in Brasilia, the country's capital. The city council of the capital city of Brasilia also voted to ban taxi service applications like Uber. The Sao Paulo measure still needs another vote and then the approval of Mayor Fernando Haddad before taking effect.

  • NEW YORK, July 1- U.S. crude oil inventories rose last week for the first time since April, while gasoline stocks decreased unexpectedly, data from the Energy Information Administration showed on Wednesday. "The crude build was definitely a surprise as was the Cushing build," said Tariq Zahir, managing member at Tyche Capital Advisors in Laurel Hollow, New York.

  • July 1- U.S. stocks rose on Wednesday after Greece's prime minister signaled he was prepared to accept most of creditors' bailout terms and a raft of U.S. data pointed to a stronger economy. Adding to the positive tone, financial stocks rallied after Swiss insurance giant ACE snagged a deal to buy upmarket property insurer Chubb for $28.3 billion.

  • *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.

  • NEW YORK, July 1- Star bond fund manager Bill Gross will be getting help running his struggling Janus Capital Group Inc mutual fund from Kapstream Capital Pty Ltd's Kumar Palghat, Janus said on Wednesday after acquiring a majority stake in Kapstream. Gross, who began managing the Janus Global Unconstrained Bond Fund in October, will continue to be primary...

  • Treasuries prices fell on Wednesday as hopes of a Greece debt deal pared safe-haven bids for U.S. government bonds and a stronger-than-expected report on private jobs growth revived bets on a Federal Reserve rate hike later this year. Greek Prime Minister Alexis Tsipras has told international lenders his government could accept their bailout offer if some...

  • DAYTONA BEACH, Fla.— Chevrolet is the latest sponsor of Daytona International Speedway's redevelopment project. The American automaker announced a multi-year deal Wednesday to become one of five major sponsors of Daytona Rising, the $400 million facelift taking place at NASCAR's most famous track. Toyota and Florida Hospital already agreed to sponsor two...

  • 2015 Jaguar XJL Portfolio AWD. BASE PRICE: $74,200 for base XJ; $77,700 for base XJ AWD; $81,200 for base XJL; $84,700 for XJL AWD. OPTIONS: Premium rear executive package $7,750; Meridian surround sound system with 825 watts $2,300; British racing green exterior paint $1,500; visibility package $850; front seat massage $800.