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Monday 14 July 2025

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Context on Markets
News Obama says Iran nuclear deal best way to avoid more Mideast war

President Barack Obama, seeking to sell the Iran nuclear deal to skeptical U.S. lawmakers and the American public, insisted on Wednesday that the landmark agreement was the best way to avoid a nuclear arms race and more war in the Middle East.

  • July 15, 2015
News Greek PM: bailout deal must be implemented, even if 'one-way street'

Greek Prime Minister Alexis Tsipras defended on Tuesday a bailout deal struck at a euro zone summit, saying that although it had been "a bad night for Europe" and "imposed" on Greece, the agreement saved it from exiting the euro and must be implemented.

  • July 14, 2015
News China's Tsinghua prepares $23 billion bid for U.S. chip maker Micron

China's state-backed Tsinghua Unigroup Ltd is preparing a $23 billion bid for U.S. memory chip maker Micron Technology Inc (MU.O), in what would be the biggest Chinese takeover of a U.S. company, people familiar with the matter said.

  • July 14, 2015
News OPEC sees more balanced oil market in 2016

The oil market should be more balanced next year as China and the developing world use more oil while supply of fuel from North American shale grows more slowly, OPEC said on Monday.

  • July 13, 2015
News IMF says Greece spillovers limited to rest of world

Greece is a small part of the world economy, and its possible exit from the euro zone should have limited impact on the rest of the world, the IMF's chief economist said on Thursday, though he warned similar crises could happen in other countries.

  • July 9, 2015
News Greece seeks new EU loan deal in race to avert collapse

A race to save Greece from bankruptcy and keep it in the euro gathered pace on Wednesday when Athens formally applied for a three-year loan and European authorities launched an accelerated review of the request.

  • July 8, 2015
News Greece faces last chance to stay in euro as cash runs out

Greek Prime Minister Alexis Tsipras launched a desperate bid to win fresh aid from skeptical creditors at an emergency euro zone summit on Tuesday, before his country's banks run out of money.

  • July 7, 2015
News Greek finance minister quits to smooth talks after thunderous 'No'

Greece's combative finance minister resigned on Monday, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout.

  • July 6, 2015
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