Losses across the board for major hedge funds

Hedge fund titans might be crying at their Hamptons barbecues this Fourth of July, after the drubbing most of them took in June.

Greece's latest attempt to reach deal with creditors collapses

Last-ditch talks aimed at breaking the impasse between Athens and its international creditors have collapsed in acrimony with European Union officials dismissing Greece’s latest reform package as incomplete in a step that pushes the country closer to leaving the eurozone.

Analysis: Argentina debt case weakens incentives to settle

LONDON (Reuters) - A legal clause as the key to smoothing future debt restructurings could be undermined by a U.S. court ruling that Argentina must pay creditors holding its defaulted debt.

Investors offer '€30bn in Greek debt buyback'

Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country's international bailout, a Greek government official said on Saturday.