Markets fall at first after the failure of last night’s talks over an extension to Greece’s bailout terms. But by the end of the morning it was back to business as usual, as analysts still believe agreement can be reached before Greece is forced into default and out of the Eurozone. The possible failure of the latest ceasefire agreement in Ukraine is having less impact than it would have done last year, although further sanctions on Russia are likely. London property and casualty insurer Brit PLC gets a $1.88 billion offer, which private equity owners Apollo and CVC Capital are ready to accept. Spain’s CaixaBank makes a $2.2 billion offer for Lisbon-bank BPI Portugal.
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