WRAPUP 1-Puerto Rico authorizes debt payment suspension; Obama signs rescue bill

SAN JUAN, June 30 (Reuters) - Puerto Rico authorized suspension of payments on its general obligation debt on Thursday just minutes after U.S. President Barack Obama signed a law creating a federal...

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Bank of NY Mellon settles $312 mln claim tied to Sentinel fraud

June 30 (Reuters) - Bank of New York Mellon Corp has agreed to end eight years of litigation in which it sought unsuccessfully to recoup $312 million it lent a Chicago-area money manager that...

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Brazil ex-tycoon Batista reappears after Eneva leaves bankruptcy

RIO DE JANEIRO, June 30 (Reuters) - Eike Batista, once Brazil's richest man whose empire's collapse heralded the end of the country's oil boom, re-emerged on Twitter on Thursday, plugging his...

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BRIEF-Pacific Exploration and Production announces restructuring update and CCAA creditors' meeting order

* Announces restructuring update and CCAA creditors' meeting order

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Obama signs Puerto Rico debt bill, but says still tough work ahead

WASHINGTON, June 30 (Reuters) - U.S. President Barack Obama on Thursday signed into law a relief plan passed by the Congress to help Puerto Rico address its $70 billion debt, but said more tough work...

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BRIEF-China Fishery Group Limited files for chapter 11 bankruptcy protection

* China Fishery Group Limited files for Chapter 11 bankruptcy protection in southern district of New York- court filing

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Puerto Rico's PREPA says will make full debt payment on Friday

SAN JUAN, June 30 (Reuters) - Puerto Rico's semi-public power utility, known as PREPA, on Thursday said it would make all of a $415 million debt payment due on Friday, a relief for bond insurers who...

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BRIEF-Hines REIT announces plans for liquidation and dissolution of company

* Board of directors unanimously voted to approve a plan for liquidation and dissolution of company

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UPDATE 1-Dick's set to win auction for Sports Authority brand-sources

June 30 (Reuters) - Dick's Sporting Goods Inc, the largest U.S. sporting goods retailer, is set to win the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of...

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Madoff trustee begins new payout, total nears $9.5 bln

June 30 (Reuters) - The court-appointed trustee liquidating Bernard Madoff's firm said he began on Thursday distributing another $190.2 million to fraud victims, boosting the total payout to about...

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Brazil's Oi to begin talks with creditors next week, says CEO

SAO PAULO, June 30 (Reuters) - Oi SA, Brazil's largest fixed-line telephone carrier, plans to start meetings with bondholders and banks next week as part of the country's biggest-ever bankruptcy...

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BRIEF-Qatar's Al Mana agrees to buy over 70 BHS stores- Sky News

* Qatar's Al Mana has agreed to acquire more than 70 BHS stores as well as its website; deal expected to be announced Friday - Sky news, citing sources Source text : (http://bit.ly/29fAEwm) ...

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In Brexit month, investors dump shares, flee for safety of cash

LONDON (Reuters) - Global investors bought real estate, added to cash holdings and cut equity allocations to the lowest in at least five years as this month's shock Brexit vote added to an already...

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