Sectors
EU steps up pressure for rapid deal to revive asset-backed debt
European Union reform of the securitized debt market to help to revive the region's economy is likely to be binding on member countries to speed up change, a senior official from the bloc's executive body said on Tuesday.
Crude slides as Iran clinches historic nuclear deal
Oil dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports.
From 'Minions' to millions: the animated film beats Toy Story 3 for biggest opening weekend
Universal and Illumination Entertainment's Minions had made it as the second biggest animated movie when it was first shown in cinemas on July 12, ending the week with $115.2M next to Shrek the Third ($121.6M) in 2007 and beating Toy Story 3 ($110.3M) in 2010.
J. Crew Group Inc. Will Open Low-Priced Chain J. Crew Mercantile
After a massive guesswork, the company declared a new sensible remedy for its shoppers. The clothing line J. Crew announced the opening of a low cost shop, J. Crew Mercantile, the first in a row of the company's retail sites which will attempt to rally trades between the budget-conscious bargain hunters.




