ATHENS/BRUSSELS (Reuters) - Greece's parliament holds a crucial vote on Wednesday on whether to submit the country to unpopularausterity measures demanded as the price for funds to prevent the euro zone's first sovereign default. SINGAPORE (Reuters) - Asian shares rose, with Japanese stocks hitting a seven-week high, and the euro clung to gains on Wednesday on optimism the risk is decreasing slightly that Greecewill be the first euro zone country to default on its debt. |
 TOKYO (Reuters) - Japanese factory output jumped by the most in almost 60 years in May as manufacturers restore supply chainsdamaged by the massive earthquake and tsunami in March, the latest evidence the economy is headed for a "V-shaped" recovery from the disaster. |
Zynga IPO could raise $2 billion, file Wednesday: source Tue,28 Jun 2011 06:07 PM PDT Reuters - NEW YORK (Reuters) - Online social game company Zynga plans to raise $1.5 billion to $2 billion in an initial public offering and could file paperwork with U.S. regulators as soon as Wednesday, a source familiar with the situation said on Tuesday. Full Story1 |
 (Reuters) - Morgan Stanley's interest-rates trading group lost at least tens of millions betting on inflation expectations in the second quarter, Bloomberg News reported, citing people informed about the dealings. |
Trump Entertainment aims to sell Steel Pier: report Tue,28 Jun 2011 05:54 PM PDT Reuters - (Reuters) - Trump Entertainment Resorts Inc has hired CB Richard Ellis Group to sell its Steel Pier amusement park in Atlantic City, New Jersey, the Wall Street Journalreported on Tuesday. Full Story1 |
 CHARLOTTE, N.C./NEW YORK (Reuters) - Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from a group of powerful investors that lost money on mortgage-backed securities, a person familiar with the matter said on Tuesday. |
 (Reuters) - Brokerage Stifel Financial Corp accused the Royal Bank of Canada of intentionally hiding how much it would earn from complex mortgage bonds it created, which Stifel then sold to five Wisconsin school districts, the Wall Street Journal reported. |
 (Reuters) - Clothing chain American Apparel Inc is in talks to replace two of its six board members, Bloomberg said, citing three people involved in the discussions. |
| ATHENS/BRUSSELS (Reuters) - Prospects that Greece would pass an austerity package needed to avoid sovereign default improved on Tuesday when a key deputy added his support, even as street protests turned violent in Athens. |
 WASHINGTON (Reuters) - French Finance Minister Christine Lagarde on Tuesday clinched the top job at the IMF, keeping the international lender in the hands of a European at a time of growing concern over a possible Greek debt default. |
ABS: Utility to recoup power-project costs via securitization Tue,28 Jun 2011 04:15 PM PDT Reuters - by Adam Tempkin Full Story1 |
India sought to join IMF Lagarde consensus Tue,28 Jun 2011 03:56 PM PDT Reuters - WASHINGTON (Reuters) - India supported France's Christine Lagarde as theInternational Monetary Fund's next leader because it wanted to be part of the consensus that was forming around her, Indian Finance Minster Pranab Mukherjee said on Tuesday.Full Story1 |
 NEW YORK (Reuters) - Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from a group of powerful investors that lost money on mortgage-backed securities, a source familiar with the process said on Tuesday. |
 NEW YORK (Reuters) - Campbell Soup Co will shed nearly 800 jobs as part of a series of cost cuts, which include exiting the Russian market, automating operations at a factory in Australia and closing one in the United States. |
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