Anti-austerity 'No' voters celebrate the results of the first exit polls in front of the Greek parliament in Syntagma Square in Athens, Greece July 5, 2015. REUTERS/Yannis Behrakis

Greeks defy Europe with overwhelming 'No'

Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum, partial results showed, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro.  Full Article | Related Story 

Malaysia's opposition demands emergency debate on PM after graft allegations 05 Jul 2015

KUALA LUMPUR - Two of Malaysia's main opposition parties on Sunday demanded an emergency sitting of parliament to discuss Prime Minister Najib Razak's future as tensions mounted over a report that linked him to probes into alleged corruption involving state fund 1MDB.

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai May 13, 2014. REUTERS/Danish Siddiqui/Files
Indian Economy

Markets Weekahead: Time to wait and watch

The coming week could start on a more decisive note as a result of the referendum in Greece. A positive development in Greece could give us a temporary rally for the next few days but domestic factors would play out in a longer time frame. It would be futile to guess what will happen to Greece. Therefore, I would prefer to wait and watch, writes Ambareesh Baliga.   Full Article 

U.S. Secretary of State John Kerry addresses a news conference in front of Palais Coburg, the venue for nuclear talks in Vienna, Austria, July 5, 2015.  REUTERS/Leonhard Foeger
Iran Nuclear Talks

Kerry urges Iran to make "hard choices"

An Iranian nuclear agreement is possible this week if Iran makes the "hard choices" necessary, but if not, the U.S. remains ready to walk away from the negotiations, Secretary of State John Kerry said.  Read 

Formula One - F1 - British Grand Prix 2015 - Silverstone, England - 5/7/15 Mercedes' Lewis Hamilton celebrates his win on the podium with the champagne Reuters / Phil Noble

Lewis Hamilton wins British Grand Prix

Formula One world champion Lewis Hamilton won the British Grand Prix for the second year in a row on Sunday with Mercedes team mate and title rival Nico Rosberg finishing second.  Full Article 

An artist's impression of NASA's New Horizons spacecraft encountering Pluto and its largest moon, Charon, is seen in this NASA image REUTERS/NASA/Applied Physics Laboratory/Southwest Research Institute/Files

New Horizons space probe suffers glitch

NASA scientists were working on Sunday to revive the New Horizons spacecraft after it suffered a computer malfunction just nine days before it was due to fly past Pluto.  Full Article 

Prince George and Princess Charlotte are seen in this undated handout photo taken by the Duchess in mid-May at Anmer Hall in Norfolk and released by the Duke and Duchess of Cambridge on June 6, 2015.  REUTERS/Duchess of Cambridge/Handout via Reuters
Life and Entertainment

Britain's Princess Charlotte christened

Britain's Princess Charlotte, the baby daughter of Prince William and his wife Kate, was christened as crowds gathered to witness the family's first public outing together since her birth in May.  Full Article 

A Ball boy holds tennis balls on Centre Court at the Wimbledon Tennis Championships in London, June 29, 2015.   REUTERS/Suzanne Plunkett
Wimbledon

Wimbledon? It's elementary dear Watson

Want to know how many left-handers were in the men's singles in 1979? How many aces Croatia's Ivo Karlovic has served on the Wimbledon lawns? Was Wednesday's heatwave a record? IBM claims Watson, a cognitive computer designed by the firm, will be able to spit out the answer in around three seconds.  Full Article 

Latest Headlines

Market Volatility

Una Galani

Ousted CEO shows risks of SoftBank startup splurge

Failure is an unpleasant fact for most startups. One in three new companies lose most of the capital that investors have put into them. Housing.com may benefit from CEO Rahul Yadav’s removal. But it will be harder for the company to succeed now that it has been forced to cut all ties to its founder. The fallout raises the question of how many of SoftBank’s similar investments will deliver a positive return.  Opinion 

Why the people crossing the Mediterranean aren’t ‘migrants’

Why the people crossing the Mediterranean aren’t ‘migrants’

In 2015, majority of arrivals in Europe have so far come from four countries: Syria, Eritrea, Afghanistan, and Somalia. These are all countries at war or with repressive dictatorships (Eritrea), so most of their citizens should be given refugee status in the EU, according to EU rules.  Commentary 

Matthew Gault

Failure of new U.S. weapons systems may be more than science fiction

A war between China and America is a favorite subject of armchair military analysts. Why would it happen? How would it play out? Authors have written thousands of pages online and off trying to answer these questions. That’s why Ghost Fleet, a new novel by national-security analysts August Cole and P.W. Singer, is fascinating.   Commentary 

Hugo Dixon

Tsipras looks like he is crumbling

It looks like Alexis Tsipras is crumbling. After the banks closed and public opinion started moving against him, the Greek prime minister seems desperate for a deal with his creditors. Athens has now defaulted to the International Monetary Fund, adding to the pressure. But it is not clear lenders will cut him any slack. They may prefer to deal with his successor.  Commentary 

FOLLOW US