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10 things you need to know before European markets open

10 things you need to know before European markets open

Shinzo Abe

AP Photo/Shuji Kajiyama

Financial Minister Taro Aso, center, and Japanese Prime Minister Shinzo Abe, left, share a light moment during a plenary session at the lower house in Tokyo, Thursday, July 16, 2015.

Good morning! Here's what you need to know.

Greek banks will physically reopen on Monday. $4, boosting hopes ahead of a key bailout vote in Germany. Daily withdrawals will still be capped at €60 (£41.82 or $65.36).

GE is willing to offer concessions to the EU in a bid to buy Alstom's power unit. US conglomerate$4.

Asian markets are up. As of 6:52 a.m. London time (1:52 a.m. New York time), Japan's Nikkei is up 0.20%, Hong Kong's Hang Seng is up 1.09%, and the Shanghai Composite is up 2.04%.

Japan's lower house signed off on bills allowing its military to fight overseas. As opposition lawmakers walked out in protest, $4.

Google's earnings beat expectations. Google reported Thursday that $4 (£11.32 billion).

Samsung's major merger was signed off by shareholders. $4, a close-run but key win for Samsung Group's founding family as it prepares for generational succession at South Korea's largest conglomerate.

Petrobras will pay half a billion dollars to settle a tax dispute. $4 and will take the charge against earnings in second-quarter results.

Eurozone construction output is coming. Data on the construction sector's performance in May is out at 10 a.m. London time (5 a.m. New York time). Despite the general turnaround in Europe's economy, in April construction output was still flat compared to 12 months earlier.

Barclays will pay an $800,000 fine for incorrect data reporting. $4, hampering the regulator's ability to properly monitor the market.

Japanese firm Sharp faces a major loss. The electronics company is 180.41 million) for the quarter, down from a profit of 4.6 billion yen a year earlier>$4, the Nikkei newspaper said.

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