China bucks trend as other Asian markets fall on Grexit fears after 'No' vote to austerity
Australia's S&P/ASX, Japan's Nikkei and Hong Kong's Hang Seng all decline.
UBS signs whistleblower deal with Brazil to avoid punishments in Forex rigging case
British banks RBS, Barclays, Standard Chartered and HSBC have been named in investigation.
Greeks buy more bitcoins fearing Grexit and conversion into devalued drachmas
New customers depositing with bitcoin exchange BTCGreece rose by 400% between May and June.
US Independence Day 2015: Retail industry to get $6.6bn boost
US households are expected to spend an average of $72.23 on food items.
Protein World's 'Are you beach body ready' advertising campaign faces backlash in New York
The campaign was widely criticised in the UK for "objectifying women".
US hedge fund Elliott to appeal Korean court ruling on merger of Samsung affiliates
Elliott said it would continue its efforts to prevent a takeover of Samsung C&T by Cheil Industries.
Mers outbreak: South Korea to inject $20bn into economy to sustain growth
The country earlier cut its economic growth forecast for 2015 to 3.1% primarily due to Mers outbreak.
US health insurer Aetna and Humana reportedly near $34bn merger deal
Deal will give Aetna a bigger slice of the growing Medicare market.
UK Treasury further prunes stake in Lloyds Bank
Government had acquired 41% stake in Lloyd's business in 2008 shelling out some £20bn.
RBS could take $13bn hit in US mortgage-backed securities case
The case arose from the bank's sale of residential mortgage-backed securities worth $32b from 2005 to 2007.
General Electric will vigorously defend Electrolux's acquisition of GE Appliances
US Justice Department had earlier filed a lawsuit to block the acquisition, citing antitrust matters.
Walton family are richest in the US with $149bn net worth – Forbes
Fortune of the six heirs of Wal-Mart founders Sam Walton and James "Bud" Walton declined from $152bn in 2014.
FSA gives clearance to Nestle Maggi noodles banned in India
Nestle India exports Maggi noodles to countries including UK, US, Canada and Singapore.
Hewlett-Packard on track to complete split in fiscal year 2015
Corporate hardware and services will operate as a separate company to be called Hewlett Packard Enterprise.
Swiss insurer ACE to acquire US peer Chubb for $28.3bn
The combined company will have assets of over $150bn.
Korean court rules in favour of Samsung affiliate in legal battle with US hedge fund Elliott Associates
Court clears shareholder meeting over Samsung C&T and Cheil Industries merger.
BBC likely to cut hundreds of jobs in latest round
BBC is facing £150m-a-year shortfall in funding due to unpaid licence fees.
Nike chairman and co-founder Phil Knight to step down from sportswear firm in 2016
Knight wants Mark Parker, who has been serving as company's CEO since 2006, to succeed him.
Oil prices fall after Greece defaults on IMF loan
WTI crude for delivery in August fell 1.19% at $58.76 per barrel, while Brent crude was trading down 0.83% at $63.06.
Indian court allows Nestle to export controversial Maggi noodles
The company said in a court statement that it had recalled 110 billion packets of Maggi and destroyed 117 billion packets.
'The devil made me gamble,' says Swiss tycoon who lost £2m at London casino
Ritz Club in Mayfair is suing Safa Abdulla Al-Geabury for his £2m bounced cheque.
Libor rigging scandal: Germany launches new probe into Deutsche Bank after BaFin report
Prosecutors are examining the role played by individuals connected to Deutsche Bank in the scandal.
Geneva hotels rated most expensive to dine in; London ranks fifth costliest for full-day meal
Geneva has emerged as the priciest city to eat in hotels, with a club sandwich costing $30.59 and a full-day meal $86.71.
UK consumer confidence rises to levels not seen since 'late nineties or early noughties'
GfK/KPMG consumer confidence index rises 6 points to 7 in June.
Heathrow named best airport in Europe as Terminal 1 shuts after 47 years of service
The London airport was also handed the Eco-Innovation Award, taking into account its pro-environment measures.
AIIB: China takes 30% stake as 50 members sign articles of agreement
China will contribute $29.78bn of the bank's $100bn capital base, becoming the largest shareholder with a 30.34% stake.
Greek debt crisis: Asian markets rattled as Greece closes banks ahead of referendum
Nikkei, Hang Seng, Shanghai Composite, S&P/ASX and BSE Sensex all plunge.
Chinese banks grab top ranks as HSBC goes out of Banker magazine's top 5 list
ICBC, Wells Fargo, JPMorgan and Bank of America on list.
New York Fed chief: September rate hike highly likely amid better data
William Dudley cites wage gains, improving incomes, and growing household spending among reasons for rate hike.
Raghuram Rajan: Global economy may be heading towards another Great Depression
Rajan, known for his prediction of the 2008 financial crisis, has been against unconventional monetary policies of US Fed and ECB.