Greek creditors seek third wave of reforms before loan
BRUSSELS/ATHENS (Reuters) – International creditors want Greece to enact a third wave of politically sensitive reforms before they will release any money to keep the near bankrupt country afloat under a third bailout they began negotiating on Monday.
Taxi laws need post-Uber rethink, French economy minister says
(Reuters) – Taxi legislation needs to adapt to the arrival of online ride-hailing services like Uber, France’s Economy Minister Emmanuel Macron said on Monday as he convened talks to address the controversial issue.
Chinese regulator vows share support after markets tumble 8.5 percent in a day
SHANGHAI (Reuters) – China said on Monday it was prepared to buy shares to stabilize the stock market and avert “systemic risks”, after major indices plunged more than 8 percent in the biggest one-day fall since 2007.
Goldman Sachs must pay $1.8 million for reporting failures: FINRA
(Reuters) – A Goldman Sachs Group Inc unit must pay $1.8 million for not reporting “substantial” details about its alternative trading system orders to a system that tracks that information, and also for other lapses, Wall Street’s industry-funded watc…
GE sets September 4 deadline for bids on Japan leasing unit
TOKYO (Reuters) – General Electric Co has set a Sept 4 deadline for the first round of bids for its Japanese leasing unit, sources with direct knowledge of the matter said on Monday.
U.S. business capex gauge rebound offers hope for factories
WASHINGTON (Reuters) – A gauge of U.S. business investment plans rebounded solidly in June after two straight months of declines, suggesting the drag on manufacturing from capital spending cuts was starting to ebb.
UBS fails to impress with forecast-beating earnings
ZURICH (Reuters) – Swiss bank UBS failed to impress investors with a jump in second-quarter profit and a boost to its capital as strong earnings from rival Credit Suisse last week had raised hopes for even better results.
Apple Watch to be sold at Best Buy stores from August
(Reuters) – The Apple Watch will be available at stores of Best Buy Co Inc , the largest U.S. consumer electronics chain, starting Aug. 7.
Greek PM Tsipras under pressure over covert Syriza drachma plan reports
ATHENS (Reuters) – Some members of Greece’s leftist government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma, according to reports on Sunday that highlighted the chaos in the ruling Syriza party.
European shares slide taking cues from Asia
LONDON (Reuters) – European stocks and major commodity prices fell hard on Monday as concerns over China dominated financial markets in the wake of the biggest drop in Shanghai shares in eight years.
