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Updated: 21 min 16 sec ago
The European Commission's President, Jean-Claude Juncker, does not plan to release new reform proposals for Greece on Monday, a spokesperson told MarketWatch Monday.
Swiss drug manufacturer Novartis says it is buying Spinifex Pharmaceuticals, a U.S.-based biotechnology company that specializes in developing treatments for chronic pain.
European Commission President Jean-Claude Juncker will put forward new reform proposals on Monday at noon in Brussels in a bid to avert a debt default by Greece, EU Commissioner for Economic and Financial Affairs Pierre Moscovici has said.
Futures for U.S. stock indexes remained sharply lower ahead of Wall Street's open on Monday, with markets facing the likelihood that Greece could default on its debt after the European Central Bank capped the level of much-needed emergency funding for Greece's banking system.
New details about Boston's bid for the 2024 Summer Olympics are being revealed.
Times are tough for Uber in many parts of the world, from a recent California ruling that its drivers cannot be classified as contractors to a Paris taxi protest that became a riot and led France's president to promise a crackdown.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average ) down 2.1% ; Hong Kong (Hang Seng Index ) down 2.5% ; Shanghai (Shanghai Composite Index ) down 3.8% (at break) ; Sydney (S&P/ASX 200 ) down 2.1% ; Seoul (Kospi ) down 1.4% ; Mumbai (Sensex ) down 1.7% ; Taipei (Taiex ) down 2.4% Copyright © 2015 MarketWatch, Inc.
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts.
Oil futures moved lower in electronic trade early Monday, pushed down by concerns about a possible Greek default and a consequently stronger U.S. dollar.
Puerto Rico Gov. Alejandro Garc�a Padilla said that the commonwealth cannot pay its roughly $72 billion in debts, the New York Times reported Sunday.
U.S. stock-index futures were quoted significantly lower early Monday, pricing in an increased likelihood that Greece could default on its debts after Athens announced a referendum on the nation's bailout terms.
Australian stocks took a slap to the face Monday morning from news of a Greek referendum on the country's bailout terms raising the odds of a sovereign default.
Japanese stocks thudded lower Monday morning, as odds for Greek debt default rose over the weekend, with Athens announcing a referendum on its bailout terms.
The euro fell almost 2 percent and share prices tumbled across Asia on Monday as Greece looked set to default on its debt repayment this week, forcing Athens to impose capital controls to halt bank runs.
The euro was trading sharply weaker ahead of the Monday market open for Asia, shedding 2 full U.S. cents after Greece decided to hold a referendum on its bailout terms.
Pennsylvania lawmakers returned to the Capitol on Sunday amid expectations the Republican majority will soon send the Democratic governor a state budget he has threatened to veto and other legislation he may also reject.
Cedar Falls residents will decide Tuesday whether to back a $35 million bond issue that would help increase elementary school capacity.
Pierce Brosnan and Gary Oldman attended the Saint Laurent Paris show — not as celebrity actors but as proud and genuinely nervous parents.
Greek banks and the stock exchange will be shut on Monday after creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff with the European Union and the International Monetary Fund to a dangerous new level.
A proposed hog "megafarm" in northern Wisconsin is raising concerns among some residents that millions of gallons of pig manure will eventually wash off the land and pollute Lake Superior.