European shares slip on earnings-day disappointment LONDON, Aug 4- European stock markets lost ground on Tuesday, with French bank Credit Agricole and German carmaker BMW among the worst performers after reporting results, while weak oil prices also weighed on energy stocks. Credit Agricole slumped 8 percent after it booked an additional 350 million euros in litigation provisions while posting second quarter...
European stocks open lower; data, oil weigh European equities opened lower on Tuesday after disappointing U.S. data and slipping commodity prices dented sentiment on Wall Street and in Asia.
| By: Arjun Kharpal
U.S. CEO confidence dips in latest YPO survey but remains strong IRVING, Texas, Aug. 4, 2015-- CEOs in the United States are more confident about the immediate economic outlook than business leaders in any other region of the world. Although the YPO Global Pulse Confidence Index for the United States declined 0.5 point, from 63.3 to 62.8, in the second quarter of 2015, U.S. "CEO confidence has stayed in a relatively narrow band, at a...
Source: Globe Newswire
OriginClear to Acquire Progressive Water Treatment OriginClear signs definitive purchase agreement to acquire 100 percent of profitable Texas- based builder and service provider of water treatment solutions. LOS ANGELES& DALLAS---- OriginClear Inc., a leading provider of water treatment solutions, today announced that it has entered into a definitive agreement to acquire 100 percent of Dallas- based...
Source: Business Wire
President: ROC Gov't Played Leading Role in Anti-Japanese Struggle TAIPEI, Taiwan---- President Ma Ying- jeou said in early July that it is an unbreakable truth that the anti-Japanese struggle from 1937 to 1945 was led by the government of the Republic of China under the leadership of the former President Chiang Kai- shek, and that the Chinese communist fighting forces had limited participation. The president made the comment while...
Source: Business Wire
COLUMN-Attempt to bolster natural rubber prices flops: Russell --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Aug 4- It may have begun with some promise, but an attempt by natural rubber producers to drive prices higher by trimming supply has flopped less than four months after it started. Asia's rubber benchmarks are now below where they were in late April, when at least 10 major producing companies said they...
Oil edges up after 5% fall, but outlook weak Oil prices edged up in early Asian trading on Tuesday following a sharp 5 percent drop in the previous session, as high global production and a weakening economic outlook, especially in Asia, prompted analysts to warn of further falls.
Mobius: Oil's fall is purely sentimental Investment guru Mark Mobius dismissed claims that oversupply is behind oil's sell-off, and believes the end of the broader commodities rout is near.
| By: Nyshka Chandran