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Finance Ministers Postpone $17B in Loans to Greece

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  • Description

    FBN’s Sandra Smith breaks down the latest struggles of the EU Nation

  • Duration 3:55
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-- time now for -- Fox Business Network up.

Good morning we start things off -- a live look at the markets uncertainty surrounding Greece is hitting the markets again to start off this week European finance ministers delaying a decision.

On that ever so important aid package that -- reading on over there are -- European markets are lower at the -- attack on nasdaq's all down.

Also weighing on the markets -- Moody's warning -- me key Italy's credit rating here in the US futures are also lower.

And overnight in Asia markets were mixed Japan registering a small gain there Japanese exports falling for a third straight month following that earthquake and tsunami.

And China's Shanghai composite was lower Credit -- downgrading its rating on China's banking system and lowering its projections for Chinese economic growth.

And oil trade is trading lower this morning as well as the dollar strengthens a bit but falling below that 92 dollar barrel mark down about one and a half percent.

Greece is not getting its next installment of bailout funds yet -- European finance ministers say that country must implement a series of austerity measures.

In order to get the aid anger over those measures sparked riots last week.

Greece has until the end of the month the past new reforms.

And is expected to get the money by mid July according to the Wall Street Journal G-7 finance leaders discussed this Europe crisis in a conference call over the weekend.

But no details have been released.

We have a banking deal this morning worth more than three billion dollars PNC financial buying the US retail banking operations of the Royal Bank of Canada.

The deal gives PNC 426.

Branches in several southeastern states RB -- US operations have lost money for -- or quarters.

Another video game system getting -- -- as Sega is now reporting information for more than one million of its customers.

Has been stolen personal information like names birth date email addresses.

We're compromised but say -- it does say that human data like credit card numbers are safe.

Workers on Wall Street need to be more cautious about what they say in the office according to the Wall Street Journal more federal regulators will be going to work.

At the companies -- police and by the fall roughly 300 people will be spread across banks and other financial firms overseen by the New York fed.

Some of them include Bank of America and Goldman Sachs.

Well the Paris air show is under Wayne both Airbus and Boeing announcing some big orders.

The European aircraft maker getting an order from GE capital aviation services for.

63 Tony jets 83 -- jacks the price tag a little more than five billion dollars there.

And Boeing getting a pair of orders valued at nearly five and a half billion dollars -- unnamed buyers.

By the end of next year you could set up a website with almost any domain -- the regulatory group that oversees domains.

Voted to end restricting addresses like dot com and dot gotten.

The new domains of the categories by subject and we'll also include other Scripps.

Like Arabic and Chinese but they -- come at a cost applications cost 185000.

Dollars.

And you have to show a legitimate claim for that don't mean.

-- Green lantern taken the top spot at the box office over the weekend the superhero movie starring Ryan Reynolds bringing in over 52 million dollars in ticket sales.

But the film's take it lower than other superhero movies that opened this summer the word debuted with 55 million in the latest -- film opened with 65 million.

Last week's top films to brief slip to second place with 21 million.

Well here's a look at the other commodities that we're watching this morning gold and oil also falling with -- gold and silver stay with oil prices on -- stronger US dollar.

And coming up later this hour Imus is -- will be Arizona Senator John McCain.

Imus in the morning continues right now -- Fox Business giving you the power to --

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