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Earnings lift stocks but Greek anxiety hits euro

Global stock markets rose on Tuesday, helped by upbeat European earnings and U.S. earnings that were not as bad as feared, but the euro fell on worries about possible Greek loan defaults. In Europe, Publicis (PUBP.PA), Sky (SKYB.L) and ARM Holdings (ARM.L) all rose more than 4 percent after reporting results, with the overall picture of a weaker euro and improving economic conditions driven by the European Central Bank’s (ECB)

Iran wants OPEC to pave way for its extra oil production when sanctions lifted

Members of the Organization of the Petroleum Exporting Countries (OPEC) should prepare for extra Iranian crude production when Western sanctions on Tehran are lifted, Iran’s oil minister was quoted on Tuesday by state news agency IRNA as saying. “We expect the members of OPEC to pave the ground for (an) increase of Iran’s oil production that will reach global markets when sanctions are lifted,” Bijan Namdar Zanganeh said during a