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  • *No sign of compromise as Greece edges towards default. ATHENS, June 17- A warning by Greece's central bank that the country risked being driven from the euro zone and, ultimately, the European Union failed to break a deadlock with creditors before a potentially decisive meeting of European finance ministers. Greek negotiator Euclid Tsakalotos confirmed that...

  • GREEK NEGOTIATOR TSAKALOTOS CONFIRMS ATHENS DOES NOT HAVE MONEY TO MAKE IMF PAYMENT ON JUNE 30 WITHOUT DEAL WITH CREDITORS.

  • *Athens needs fresh funds to avoid defaulting on a 1.6 billion euro debt repayment to the International Monetary Fund on June 30, which could drive it towards the euro zone exit. *Synergy Pharmaceuticals shares soared 45.5 percent to $6.81 in premarket trading after the company's late-stage study of constipation treatment meet the main goal.

  • MOSCOW, June 17- Russia accused NATO on Wednesday of encroaching on its borders and seeking to change the strategic balance of power, forcing Moscow to take steps to protect its interests and security. "It's not Russia that's approaching someone's borders. It's NATO's military infrastructure that is approaching the borders of Russia, "Kremlin spokesman Dmitry...

  • It also said Greece risked a renewed bout of recession and predicted that the current economic slowdown would accelerate in the second quarter of this year. Time is fast running out for Athens and its creditors to reach a deal before a 1.6 billion euro repayment by Greece to the International Monetary Fund falls due at the end of the month. Austrian Chancellor...

  • BEIJING, June 17- China will cooperate with the International Monetary Fund in an assessment of whether the yuan should be included in the fund's currency basket, known as Special Drawing Rights, China's foreign exchange regulator said on Wednesday.

  • *Yields fall on safety bid as Greece lashes out at lenders. Greece is set to default on a 1.6 billion euro debt repayment to the International Monetary Fund on June 30 unless it receives fresh funds by then. "Europe is the number one driver, and then people are rethinking about where the Fed actually is," said Tom Tucci, head of Treasuries trading at CIBC in New York.

  • June 16- Greece, which may default on an International Monetary Fund repayment later this month unless it receives fresh funds, owes official lenders 242.8 billion euros, according to a Reuters calculation from official data. IMF- Greece was promised a total of 48.1 billion euros by the global lender, of which 16.3 billion is still to come by March 2016 if Athens...

  • Venezuela oil minister sees price rise by end of year Tuesday, 16 Jun 2015 | 12:06 PM ET

    MARACAIBO, Venezuela, June 16- Venezuela's Oil Minister Asdrubal Chavez predicted on Tuesday that crude prices will rise by the end of the year, and called for continued cooperation between OPEC and non- OPEC producers. "We think the market is going to balance towards the end of the year, and we will see a recovery of prices," Chavez told an oil conference in Maracaibo,...

  • LONDON, June 16- British Prime Minister David Cameron on Tuesday promised he would not hold a European Union membership referendum on May 5 next year, his second U-turn in as many weeks to try to placate disgruntled Eurosceptic lawmakers in his Conservative Party. Cameron, who has promised to try to renegotiate Britain's EU relationship before the referendum,...

  • NEW YORK, June 16- U.S. Greece is set to default on a 1.6 billion euro debt repayment to the International Monetary Fund on June 30 unless it receives fresh funds by then. "We had the disappointing German ZEW release and ongoing jitters about the Greek situation," said Ian Lyngen, senior government bond strategist at CRT Capital in Stamford, Connecticut.

  • FACTBOX-What's holding up an EU-U.S. free trade deal? Tuesday, 16 Jun 2015 | 5:28 AM ET

    BRUSSELS, June 16- The European Union and the United States launched negotiations in July 2013 to create a free trade agreement, the Transatlantic Trade and Investment Partnership, with initial hopes of a rapid conclusion. The United States says science shows U.S. products from genetically modified crops to hormone-treated beef are safe, claims met with...

  • LONDON, June 16- British Prime Minister David Cameron has performed a U-turn and ruled out holding a European Union membership referendum on May 5, 2016, a shift to placate some of his own lawmakers who were opposed to it being held on the same day as local elections. The move will be interpreted as a tactical one designed to preserve unity in Cameron's ruling...

  • SINGAPORE, June 16- Brent crude oil prices dipped in early Asian trade on Tuesday as strong global output stoked worries about oversupply, while U.S. contracts were supported as a tropical storm hit the coast of oil-producing Texas. "Rising OPEC supplies are negating some of the supportive influence from unpredictable geopolitical flare-ups in the Middle...

  • BUENOS AIRES, June 15- Argentina said on Monday that annual inflation eased to 15.3 percent in May, although private economists put it much higher and suggest it could speed up later this year due to a splurge in public spending ahead of October's elections. The International Monetary Fund warned earlier this month that Argentina had not taken sufficient steps...

  • *Yemen talks start as Saudi-led warplanes strike capital. NEW YORK, June 15- Oil prices fell in volatile trading on Monday as the Greek debt crisis raised concerns about demand for petroleum in Europe and as the U.N. started talks to try to bring peace to Yemen, where OPEC heavyweight Saudi Arabia is involved in a civil war. The weak July Brent expiration also...

  • *Yemen talks start as Saudi-led warplanes strike capital. NEW YORK, June 15- Crude oil fell in volatile trading on Monday as the Greek debt crisis raised concerns about demand for petroleum in Europe and as the U.N. started talks to try to bring peace to Yemen, where OPEC heavyweight Saudi Arabia is involved in a civil war. Brent has fallen from a high above $66 last...

  • US STOCKS-U.S. stocks lower amid Greek debt worries Monday, 15 Jun 2015 | 12:59 PM ET

    *Cigna touches record high after Anthem takeover offer report. Talks between Greece and its creditors broke up after less than an hour on Sunday, raising the prospect of Athens being unable to repay $1.8 billion owed to the International Monetary Fund by the end of this month. "The market has had a long time to prepare for and has done what it can with what it sees on...

  • LONDON, June 15- Britain looks set to be exempt from a European Union law that aims to end "too big to fail" banks by reining in trading risks, diplomatic sources said on Monday. Britain is on course to get an exemption from the EU bank structural reform, according to documents seen by Reuters, because it is already requiring the retail arms of its lenders to hold extra...

  • UPDATE 1-EU states endorse data protection overhaul Monday, 15 Jun 2015 | 11:40 AM ET

    *Final deal needs to be hammered out with EU lawmakers. LUXEMBOURG, June 15- European Union member states endorsed a sweeping overhaul of the 28- country bloc's data protection laws on Monday, bringing a web of national laws into a single set of rules with the potential for heavy fines. "Today we take a big step forward in making Europe fit for the digital age," said Vera...