Press Digest: Financial Times - July 6

SK discovery

06/07/2015 24:57

July 6 (Reuters) - The following are the top stories in the 
Financial Times. Reuters has not verified these stories and does 
not vouch for their accuracy. 
     
    Headlines 
     
    Greece's eurozone future in doubt after decisive 'No' 
victory 
    (http://on.ft.com/1dGlOex) 
     
    Brazil to ease Petrobras pressure with offshore oil bill 
    (http://on.ft.com/1G24jMo) 
 
    Sabic pushes into Asia with South Korea deal 
    (http://on.ft.com/1M50j2X) 
     
    Turkey's banking sector heads for consolidation 
    (http://on.ft.com/1ReAKTL) 
 
 
    Overview 
     
    Greeks on Sunday voted to reject the austerity terms of an 
aid package from international creditors, raising serious doubts 
about the country's ability to remain in the eurozone.   
     
    Brazil's government is expected to pass a bill that could 
ease financial pressure on state-run oil company Petrobras SA 
 PETR4.SA  by opening the country's dominant offshore oil areas 
to greater foreign and private investment.  
     
    Saudi Basic Industries Corp (SABIC)  2010.SE  said it 
completed the formation of a joint venture with Korean 
petrochemical manufacturer SK Global Chemical Co  006120.KS  to 
produce polyethylene products in the city of Ulsan. SABIC said 
the investment in the technology and plant would be about $640 
million.  
     
    Turkey's banking sector headed for a consolidation as Dutch 
lender ING Group  ING.AS  held exclusive talks to buy HSBC 
Holdings Plc's  HSBA.L  Turkish business and the Turkish 
operations of National Bank of Greece being opened to bids for a 
potential sale.  
      
 
 (Compiled by Rama Venkat Raman in Bengaluru; Editing by Eric 
Walsh) 
 ((ramavenkat.raman@thomsonreuters.com; within U.S. +1 646 223 
8780, outside U.S. +91 80 6749 7151; Reuters Messaging: 
ramavenkat.raman.thomsonreuters.com@reuters.net)) 
 
Keywords: BRITAIN PRESS/FT