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  • *Japan naval officers held meeting with NATO in May. *U.S. sees Japan leading multinational defence projects in Asia. TOKYO, July 10- Japan is interested in joining a NATO missile building consortium that would give Tokyo its first taste of a multinational defence project, a move the U.S. Navy is encouraging because it could pave the way for Japan to lead similar...

  • *Expected to pursue issue of debt relief for Greece. ATHENS, July 6- Euclid Tsakalotos, the mild-tempered professor who was appointed as Greece's new finance minister on Monday, is a clear change in style from his combative predecessor Yanis Varoufakis. The 55- year-old Tsakalotos studied at prestigious private London school St Paul's and at Oxford University,...

  • *Expected to pursue issue of debt relief for Greece. The 55- year-old Tsakalotos studied at prestigious private London school St Paul's and at Oxford University, speaks Greek with a British accent and rarely appears in public, let alone wearing the torso-hugging T-shirts Varoufakis favors. Like Varoufakis, Tsakalotos has often decried Europe for big...

  • AMSTERDAM, July 6- Any new emergency funding programme for Greece would have "strict conditions" similar to previous packages, even after the country rejected those terms in a referendum, Dutch Finance Minister Jeroen Dijsselbloem said in a letter to the Dtuch parliament. The letter set out the position of the Dutch government before a debate Monday night in The...

  • *Warning that vote will decide Greece's future in Europe. ATHENS/ WASHINGTON, July 2- The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country's future in Europe. Days after Greece defaulted on part of its IMF debt, the Fund,...

  • AMSTERDAM, July 2- Credit insurers are refusing to offer new cover to companies carrying out trade with Greece because of uncertainty over the solvency of Greek customers hit by capital controls, a Greek importer told Reuters. Without discussing specific cases, Amsterdam- based Atradius, said it was concerned that the referendum on whether to accept bail-out...

  • *Warning that vote will decide Greece's future in Europe. ATHENS, July 2- As Greece heads to a referendum on Sunday that could decide its future in the euro zone, long queues at cash machines have become the most potent symbol of the cost of the deadlock between the left-wing government and its international lenders. Prime Minister Alexis Tsipras' rejection of what...

  • DIARY- Top Economic Events to July 15 Thursday, 2 Jul 2015 | 12:00 AM ET

    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.

  • *Heathrow plan provides greatest benefits, commission says. Proposals to expand Heathrow in densely populated west London are politically divisive and likely to fuel tensions in the ruling Conservative party. Cameron set the deadline after a government-appointed commission selected Heathrow, Britain's busiest airport, as the preferred location for...

  • Red-hot fuel demand can't shore up the oil price alone Wednesday, 1 Jul 2015 | 8:48 AM ET

    LONDON, July 1- Sales of transport fuels have exceeded all expectations this year, making demand from reviving economies the mantra of bulls who say the oil price is well on the mend. But warning signs, especially in Europe, may derail that view. Gasoline consumption has bounced far higher, with U.S. drivers joining those in India, Indonesia and China in driving more...

  • *Heathrow plan provides greatest benefits, commission says. Proposals to expand Heathrow in densely-populated west London are politically divisive and likely to fuel tensions in the ruling Conservative party. After a three-year study, the Airports Commission, as expected, selected a new runway at Heathrow over two other shortlisted options, arguing that it...

  • DIARY- Top Economic Events to July 13 Tuesday, 30 Jun 2015 | 8:01 PM ET

    LONDON- Bank of England publishes financial stability report, followed by Governor Mark Carney's news conference- 0930 GMT. FRANKFURT- European Central Bank Governing Council meeting. BERLIN- European Central Bank Governing Council member Jens Weidmann and Bundesbank Vice President Claudia Buch to participate in cabinet meeting of the federal...

  • DIARY- Top Economic Events to July 10 Monday, 29 Jun 2015 | 8:01 PM ET

    LONDON- Reserve Bank of Australia Governor Glenn Stevens speaks at an event hosted by Official Monetary and Financial Institutions Forum- 0840 GMT. LONDON- Bank of England's Paul Fisher speaks at the Financial Times Future of Insurance event- 0840 GMT. VIENNA- European Central Bank Governing Council member Ewald Nowotny to give a keynote speech at "Raiffeisen...

  • Asia oil pricing change to raise trade volumes Thursday, 25 Jun 2015 | 11:44 PM ET

    The change in how fuel oil, diesel, jet fuel and gasoline are assessed for loadings out of Singapore and Malaysia takes a borderless approach similar to that in the world's largest oil storage hub Amsterdam- Rotterdam- Antwerp. The main change is that from July in Platts' free-on-board Singapore price assessments- the basis for most contract and spot deals done in...

  • Hedge funds say au revoir to glitzy Monaco bash Thursday, 25 Jun 2015 | 1:32 PM ET

    *Top industry conference heads to Amsterdam. MONACO, June 25- Ferraris, super-yachts and free-flowing champagne- for a decade, Monaco and hedge funds have gone hand-in-hand. As the warm Mediterranean sun set over Le Méridien Beach Plaza hotel in the small principality, attendees could look forward to next year's event in Amsterdam.

  • But the country's top two airports Heathrow and Gatwick are at and near to maximum capacity and losing passengers to booming hubs like Dubai and Amsterdam's Schiphol that can offer more flights to new destinations like China. Now a government-appointed Airports Commission will emerge from three years of consideration to say in the next few weeks whether...

  • AMSTERDAM, June 18- A wave of consolidation among Europe's banks in the aftermath of the financial crisis could end up creating banks that are considered too big to fail, the Dutch central bank warned in a report on Thursday. Outlining its vision for the future of Dutch banking, the central bank said Europe's banking union and comprehensive asset review had...

  • An international arbitration court ruled last July that Russia must pay $50 billion for expropriating the assets of Yukos, which was once Russia's biggest oil producer and was run by Mikhail Khodorkovsky, a businessman who used to be Russia's richest man but fell out with the Kremlin. The GML group of former shareholders who made the claim said then it would be...

  • *Varo Energy seeking to expand its northern Europe turf. LONDON, June 16- A fast-growing European oil venture between the world's top energy trader Vitol and private equity firm Carlyle Group is attempting to cash in where the industry's biggest companies have struggled for years. The merged company controls businesses from oil production to refineries to...

  • *Saudi Arabia says ready to increase crude supply. LONDON, June 12- Oil prices slipped on Friday after the world's top crude exporter Saudi Arabia said it was ready to raise output to new record highs, potentially adding to a global supply glut. The U.S. currency strengthened against the euro, also weighing on dollar-denominated oil, after the International...