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• Stocks rise despite Greek debt worries
  Investors are torn between fears of Greek default and hopes for global economic recovery
  
  
• Yahoo chairman to leave in reshuffle
  Yahoo chairman Roy Bostock and three other directors are to step down as part of a boardroom clear-out
  
  
• Glencore and Xstrata face blocking threat
  Opponents of the deal, which would create a $90bn giant, said the offer of 2.8 shares for every Xstrata share undervalues miner
  
  
• Ambassadors withdrawn from Syria
  Turkey backs effort to force Assad to end the violence, saying it could not stay silent after ‘fiasco’ of Russian and Chinese UN veto
  
  
• Moscow plans to put dead lawyer on trial
  Latest bizarre twist to posthumous tax fraud case that has come to exemplify investor fears about Russia’s rule of law
  
  
• The pain in Spain
  Madrid is right to force banks to own up to their losses. If Europe ever fixes its banking system, it may be because Madrid has shown the way
  
  
• Cuban blogger riles with her weapon of words
  Technology challenges the philologist’s due to a state information monopoly, giving 2 per cent of Cubans internet access
  
  
• Greece misses bail-out deadline
  Delay over agreeing €3bn of extra spending cuts fuels fears that Athens may be forced into a messy default next month
  
  
• UBS fights to hang on to key staff
  Swiss bank lines up long-term bonus fund of SFr300m, but says the ‘special plan’ awards will have strict forfeiture conditions attached
  
  
• GSK empties accounts to limit euro exposure
  UK pharmaceutical group conducts ‘daily sweep’ to remove all cash from most eurozone countries