China curbs IPOs, enlists brokers in all-out bid to end market rout
BEIJING/SHANGHAI (Reuters) – Beijing intensified efforts at the weekend to pull China’s stock markets out of a nose-dive that is threatening the world’s second-largest economy, with top brokerages pledging to buy massive amounts of shares and a report …
Rubbing along with robots tackles Abe’s double dilemma
TOKYO (Reuters) – Factory worker Satomi Iwata has new co-workers, a troupe of humanoid automata that are helping to address two of Japan’s most pressing concerns – a shortage of labor and a need for growth.
Greece votes in referendum with future in euro in doubt
ATHENS (Reuters) – Greece votes on Sunday on whether to accept more austerity in exchange for international aid, in a high-stakes referendum likely to determine whether it leaves the euro-currency area after seven years of economic pain.
China curbs IPOs, enlists brokers in all-out bid to end market rout
BEIJING/SHANGHAI (Reuters) – China froze share offers and set up a market-stabilization fund on Saturday, the Wall Street Journal said, as Beijing intensified efforts to pull stock markets out of a nose-dive that is threatening the world’s second-large…
Credit Suisse CEO vows action for ‘impatient’ investors: NZZ
(Reuters) – New Credit Suisse AG Chief Executive Tidjane Thiam has told a Swiss newspaper he wants quick action to implement results of strategic review he is conducting at the Swiss bank.
A Greek challenge for ‘Mr Europe’ Juncker
BRUSSELS (Reuters) – It’s sultry early July and an emotional Jean-Claude Juncker is on the stump, calling for a ‘Yes’ vote in a referendum on which he says hangs the future of Europe – and his own career.
Greeks deeply divided heading into crucial vote
ATHENS (Reuters) – Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency.
Fiat Chrysler CEO says no news on approach to GM but consolidation good
TURIN (Reuters) – Consolidation continues to be necessary in the auto industry but there is nothing new to report on Fiat Chrysler’s desire for a tie-up with General Motors , FCA CEO Sergio Marchionne said on Friday.
Aetna to buy Humana for $37 billion in largest insurance deal
(Reuters) – Health insurer Aetna Inc on Friday said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry.
Fearing return to drachma, some Greeks use bitcoin to dodge capital controls
LONDON (Reuters) – There is at least one legal way to get your euros out of Greece these days, to guard against the prospect that they might be devalued into drachmas: convert them into bitcoin.
