Morning Digest: U.S. imposes record fine on BNP in sanctions warning to banks

	Click to View in Browser 07/1/2014 U.S. imposes record fine on BNP in sanctions warning to banks NEW YORK/WASHINGTON/PARIS (Reuters) - French bank BNP Paribas BNPP.PA has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations that it had violated U.S. sanctions against Sudan, Cuba and Iran, in a severe punishment aimed at sending a clear message to other financial institutions around the world.. Iraq lawmakers convene to form government to fight "caliphate" BAGHDAD (Reuters) - Iraq's new parliament convened on Tuesday under pressure to name a unity government to prevent the country splitting apart after an onslaught by Sunni militants who have declared a "caliphate" to rule over all the world's Muslims.. European stocks get second half off to steady start LONDON (Reuters) - European and Asian stocks helped markets get the second half of the year off to steady start on Tuesday, helped by upbeat Chinese data and bets that record-low interest rates will remain in place for some time yet.. Australia strips Rolf Harris of honors after sex crime convictions SYDNEY (Reuters) - Australia on Tuesday moved to strip entertainer Rolf Harris of some of the numerous honors bestowed during a five-decade career after a London court found him guilty on 12 counts of indecently assaulting young girls.. Germany and France end African hopes, Suarez sorry BELO HORIZONTE Brazil (Reuters) - Germany and France snuffed out African hopes and reached the World Cup quarter-finals on Monday with hard-won victories over Algeria and Nigeria, while Uruguay striker Luis Suarez broke his silence to apologise for biting.. Food makers feel their way towards online future PARIS (Reuters) - Grocery manufacturers are struggling to adapt to the online world and need to invest in smarter packaging, presentation and supply chains to reap the long term benefits.. Modi pitches India's frugal space prowess at rocket launch NEW DELHI (Reuters) - Newly elected Prime Minister Narendra Modi made a pitch for India to be the world's low-cost space technology supplier after witnessing the launch of a rocket carrying five satellites from France, Singapore, Germany and Canada on Monday.. Heathrow's new boss face baggage chaos on first day in job LONDON (Reuters) - London's Heathrow Airport is working to reunite thousands of bags with their owners after computer failures at its flagship terminal, plunging its new chief executive straight into firefighting mode.. Related Video Poroshenko ends Ukraine ceasefire New polio fears amid barriers to global eradication Great Debate The press reveals its crushes — once the crushes are dead Supreme Court's Hobby Lobby decision puts faith in compromise A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend