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Rubbing along with robots tackles Abe's double dilemma
4 Jul 2015 at 8:33pm
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 labour and a need for growth.
Greece votes in referendum with future in euro in doubt
4 Jul 2015 at 8:12pm
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.
CORRECTED: China curbs IPOs, enlists brokers in all-out bid to end market rout
4 Jul 2015 at 8:06pm
BEIJING/SHANGHAI (Reuters) - China froze share offers and set up a market-stabilisation 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-largest economy.
China curbs IPOs, enlists brokers in all-out bid to end market rout
4 Jul 2015 at 10:17am
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-largest economy.
Europe won't let Athens go under, says Greek minister
4 Jul 2015 at 10:16am
ATHENS (Reuters) - Greece's finance minister accused creditors of trying to "terrorise" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced out of the euro after a referendum on Sunday on bailout terms.
German finance minister says Greeks to decide whether to keep euro
4 Jul 2015 at 2:33am
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said in a newspaper interview Greeks would decide on Sunday whether to keep the euro or do without it, at least for a while, but that the country remained part of the common currency.
Toshiba accounting errors may be over $800 million - source
4 Jul 2015 at 2:11am
TOKYO (Reuters) - Japan's Toshiba Corp may need to mark down past earnings by over 100 billion yen ($814 million), more than double earlier estimates, after an investigation into past accounting practices found more irregularities, a source familiar with the matter said on Saturday.
Hong Kong stock exchange to introduce volatility controls from mid-2016
3 Jul 2015 at 11:45pm
HONG KONG (Reuters) - The operator of Hong Kong's stock exchange said it will introduce new controls to rein-in volatility, in a long-awaited announcement that comes as Chinese shares see wild price swings, fueling fears of a mainland market collapse.
Canadian judge rejects request for injunction against Uber
3 Jul 2015 at 9:38pm
TORONTO (Reuters) - An Ontario court on Friday rejected the city of Toronto's request for an injunction to halt Uber's operations in Canada's largest city.
New Credit Suisse CEO promises "ruthlessly selective" review - FT
3 Jul 2015 at 8:35pm
(Reuters) - Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank's businesses, amid expectations that the incoming CEO would cut staff by about 15 percent from its investment banking arm.
Japan pledges $6 billion to Mekong nations as China prepares new bank
3 Jul 2015 at 8:26pm
TOKYO (Reuters) - Japan said on Saturday it would extend around $6 billion in development aid to Mekong region countries, as China prepares to launch a new institutional lender seen as encroaching on the regional clout of Tokyo and ally Washington.
Greeks deeply divided heading into crucial vote
3 Jul 2015 at 3:11pm
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.
Videocon plans $2.5 billion Brazil oil and gas investments
3 Jul 2015 at 2:40pm
LONDON (Reuters) - Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of its strategy to boost the business.
Exclusive - Europeans tried to block IMF debt report on Greece: sources
3 Jul 2015 at 2:39pm
BRUSSELS (Reuters) - Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday.
Oil slides in thin trade on rising U.S. rig count
3 Jul 2015 at 12:06pm
(Reuters) - Oil prices dropped on Friday as a rising U.S. rig count stoked more concerns about global oversupply while an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market.