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Efforts to reach compromise fail after Greece slapped with ultimatum
Greece and its creditors failed to reach a compromise on Thursday even though the country was delivered a midday ultimatum to produce a compromise proposal that would allow the country to tap into €7.2-billion ($10-billion) of desperately needed funds.
Posted on 6-25-2015 at 7:45 AM
Ivanhoe Cambridge boosts China property investment to $1B
Ivanhoe Cambridge, one of Canada’s largest property investors, doubled its investment in Chinese real estate to $1 billion U.S. by taking a stake in a firm that builds retail-anchored mixed-use developments in the Shanghai area.
Posted on 6-23-2015 at 7:42 AM
Sales tax reportedly driving Greek split with creditors
Sales tax on catering may be the largest difference between Greece and its creditors as they negotiate rescue arrangements this week, according to two European Union officials.
Posted on 6-23-2015 at 7:17 AM
Greek offer to creditors stirs angry backlash at home
Greek lawmakers reacted angrily on Tuesday to concessions Athens offered in debt talks and parliament’s deputy speaker warned the proposals would struggle to win approval, puncturing optimism that a deal to lift Greece out of crisis might be quickly sealed.
Posted on 6-23-2015 at 7:07 AM
Euro zone welcomes new Greek debt proposals, more work to do
Euro zone finance ministers welcomed new Greek proposals for a cash-for-reform deal on Monday but said they required detailed study and it would take several days to determine whether they can lead to an agreement to avert a default.
Posted on 6-22-2015 at 10:00 AM
China stocks plunge, indices have worst week since 2008
This week's panic sell-off was triggered by fresh government moves to tighten margin financing, and worsened by a tidal wave of initial public offerings that sapped liquidity.
Posted on 6-19-2015 at 8:10 AM
ECB boosts emergency funding as Greek banks bleed, Tsipras calm
With the country edging closer to default at the end of this month, the leftist leader assured Greeks that prophets of "crisis and terror" would be confounded, and his government would strike a deal with European Union and IMF creditors.
Posted on 6-19-2015 at 2:00 PM
Airbus on CSeries: 'nice little airplane', but no threat
Airbus Group SE sales chief John Leahy on Thursday brushed off the idea Bombardier Inc's new CSeries jet might pose a competitive threat.
Posted on 6-18-2015 at 2:36 PM

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