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  • Greece defaults on IMF payment despite last-minute overtures to creditors
    Greece defaults on IMF payment despite last-minute overtures to creditors Reuters - 18 minutes ago

    By Renee Maltezou and Robert-Jan Bartunek ATHENS (Reuters) - Greece's last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country from becoming the first developed economy to default on a loan … More »

  • Oil prices drop as Greece defaults and output soars
    Oil prices drop as Greece defaults and output soars Reuters - 24 minutes ago

    By Henning Gloystein SINGAPORE (Reuters) - Oil prices fell on Wednesday after Greece became the first developed economy to default on a loan with the International Monetary Fund and as both U.S. and OPEC production hit new records. Greece's … More »

  • U.S.-Cuba deal to restore ties to be unveiled on Wednesday
    U.S.-Cuba deal to restore ties to be unveiled on Wednesday Reuters - 48 minutes ago

    By Matt Spetalnick, Lesley Wroughton and Daniel Trotta WASHINGTON/HAVANA (Reuters) - The United States and Cuba have reached an agreement to reopen embassies and restore diplomatic ties severed more than five decades ago, and the historic deal will … More »

  • Asia steadies, euro bears Greek burden
    Asia steadies, euro bears Greek burden Reuters - 49 minutes ago

    Calming after two days of wild swings, MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent. Japan's Nikkei firmed 0.2 percent, a second day of small gains as it stabilises after Monday's steep fall. There was … More »

  • Syria mediator to brief U.N. chief next week on peace prospects
    Syria mediator to brief U.N. chief next week on peace prospects Reuters - 56 minutes ago

    By Michelle Nichols UNITED NATIONS (Reuters) - United Nations Syria mediator Staffan de Mistura will brief Secretary-General Ban Ki-moon next week on his talks with Syria's warring parties and world powers on how to end the country's four-year … More »