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U.S. markets news

No Relief in Sight for Greek Traders Groping With Exchange Curbs
Given their first opportunity to trade for five weeks, investors spent Monday selling, sending the benchmark ASE Index down 16 percent for the worst decline since at least 1987.
Euro slips after sell-off  Independent Online
Greek stock market bloodbath  Sky News Australia
Irish Times  
Asian shares shake off losses, oil firms
TOKYO Asian shares cautiously nudged into positive territory on Tuesday after downbeat economic data pressured Wall Street ahead of a key U.S.
China Curbs Short Selling; Commodities Weakness Spreads  Wall Street Journal
Asian shares edge down, oil stabilizes after rout  Livemint
Puerto Rico economy: Government defaults on bond payment
Puerto Rico has confirmed that it failed to make a debt payment at the weekend, in the latest sign of the economic crisis in the US territory.
Misery deepens for Puerto Rico as US territory defaults on debt  The Australian
Puerto Rico in default on massive debt  USA TODAY
If You Shoot Big Game in Africa, Neither Delta Nor United Will Ship Parts of ...
The international indignation ignited by the death of Cecil the lion in Zimbabwe last month is persuading some airlines to consider their policy on the shipment of big-game carcasses and body parts (known in hunting parlance as “trophies”).
UPDATE 2-Delta bans shipments of trophies of lions, other big game  Reuters
Delta Air Lines bans freight shipments of lion hunting trophies  Washington Post
Hayes Libor Verdict Shows 'Everyone Did It' Is Still No Defense
Tom Hayes isn't the first criminal to argue that everyone knew about his financial shenanigans. But a unanimous guilty verdict has once again shown the fallacy of the well-trodden defense.
Trader gets 14-year jail in Libor rigging case
'Fugitive' ex-UBS trader cannot escape case over Libor: US District ...  Economic Times
Oil Prices Claw Up From Four-Month Lows
HONG KONG--Oil prices clawed up Tuesday from four-month lows the previous day, though looming new supply from Iran kept a lid on gains.
Here is how nuclear deal will benefit Iran after January 2016  Economic Times
An oil worker makes repairs at Tehran's oil refinery. Source: AP  The Australian
Chief executive plays down HSBC's pivot to Asia strategy
The bank's chief executive talked enthusiastically about how it would redeploy some $200bn of balance sheet capacity into faster growing markets in Asia and the Pearl River Delta region of southern China in particular.
Hit by poor results, HSBC quits Brazil in $5.2bn deal  RT
'World's nicest boss' falls on hard times and rents out home to make ends meet
The chief executive of an American credit card company is counting the cost of his decision to set a minimum wage of $70,000 (€64,000) for all of his 120 employees.
239 Years Ago, Adam Smith Predicted Fury of Seattle Business at CEO Who Pays ...  The Intercept - First Look Media
CEO who set $70000 minimum wage facing hardships  Rapid News Network
German carmakers buy Nokia's maps business for $US3 billion
Nokia has sold its Here digital mapping unit to a consortium of German automakers for €2.8 billion, or about $US3 billion, marking the latest chapter in Nokia's transformation.
German car makers buy map service from Nokia  BDlive
Automakers plot future without Google?
Australia Holds Rates, Omits Reference to Need for Currency Drop
Australia left its key interest rate unchanged Tuesday and omitted a reference to the need for the local dollar to fall further. The currency jumped in response.
Australia's RBA holds rates, alters tone on A$  Financial Express
RBA less stressed about the $A – less likely to cut again?  Sydney Morning Herald