June 28 The chief mediator in Puerto Rico’s massive bankruptcy set an initial meeting with the U.S. territory and its creditors for July 12, saying it would be introductory, rather than substantive.
* Echoes Australian overspend where operators took big losses
LONDON, June 28 Global debt levels have climbed $500 billion in the past year to a record $217 trillion, a new study shows, just as major central banks prepare to end years of super-cheap credit policies.
* Varadkar says future free trade agreement would aid border (Adds Varadkar in parliament on future trade relationship)
* Canadian dollar at C$1.3097, or 76.35 U.S. cents * Loonie touches its strongest since Feb. 24 at C$1.3076 * Chances of a rate hike in July rise to 45 percent * Bond prices lower across the yield curve By Fergal Smith TORONTO, June 28 The Canadian dollar strengthened to a 4-month high on Wednesday against its U.S. counterpart, boosted by comments by Bank of Canada Governor Stephen Poloz that raised expectations of an interest rate hike as early as next month
June 28 Canada Pension Plan Investment Board (CPPIB) said on Wednesday it would invest up to $1 billion in a partnership with Encino Energy LLC to buy oil and gas assets in the United States.
BRASILIA/SAO PAULO, June 28 Loan defaults in Brazil jumped in May to a fresh record, the central bank said on Wednesday, reflecting the impact of the country's harshest recession ever and protracted corporate debt restructurings.
BRIEF-Applied DNA Sciences enters into subscription agreements for private placement of common stock
* Applied DNA Sciences says entered into subscription agreements for private placement of common stock with group of investors
SINTRA, Portugal, June 28 The Bank of England is likely to need to raise interest rates as the British economy comes closer to operating at full capacity, and will debate this "in the coming months", BoE Governor Mark Carney said on Wednesday.
BERLIN, June 28 Germany and its European Union peers will conduct divorce talks with Britain in a friendly fashion, Chancellor Angela Merkel said on Wednesday, but their priority would nonetheless be to keep the remaining 27 members of the bloc together.
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