Ends No Longer Meet in Puerto Rico

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Business leaders see the island’s debt crisis as a spur to cut government spending, but the dependency on an expansive welfare system is deep.

Blackstone Group Hires New China Chairman

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Private-equity firm Blackstone Group said it has hired Zhang Liping, a senior Credit Suisse Group banker, to head its operations in China.

Uber to Suspend Uberpop in France

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Uber Technologies plans to suspend one of its main services in France, days after French prosecutors indicted two top executives on charges of running that service illegally.

Malaysian Anticorruption Body to Look Into Flow of Money to Najib

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Malaysia’s anticorruption agency will look into Wall Street Journal report that investigators have traced nearly $700 million of deposits into what they believe are the personal bank accounts of Malaysia’s prime minister.

Fitch Affirms Russia's Rating

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Fitch Ratings affirmed its investment-grade rating for Russia, while maintaining its negative outlook for the nation.

Economist Warns of Risks of Greek Crisis to Eurozone Recovery

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The Greek crisis risks taking the steam out of the eurozone economy, just as the currency area was showing signs of recovering from a long period of weak economic growth, the chief economist for the Organization for Economic Cooperation and Development said.

Airlines' New Normal: More Seats, Fewer Flights

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Using an industry technique known as “upgauging,” airlines increase capacity by adding seats on existing jets and replacing smaller planes with larger ones.

Hedge Funds With Greek Holdings Face Uncertain Wait

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Hedge funds managers with exposure to Greek stocks and warrants face an uncertain wait ahead of Sunday’s referendum, after being unable to get their money back or easily value their funds this week.

Iron Ore's Recovery Turns to Rust

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The iron-ore market is discovering why the archenemy of high commodity prices is, well, high commodity prices.

Eurozone Crisis Now Yields Windfall

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Away from Greece, the eurozone, and Germany in particular, is enjoying the benefit of ultra-low bond yields.

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