CNBC's Michelle Caruso-Cabrera reports on all the market moving events in Europe today, including the poor performance of Banco Espirito Santo, and Germany's DAX breaks below a 200 day moving average.» Read More
DETROIT, Aug 1- U.S. auto sales growth slowed a bit in July, with healthy gains from some manufacturers falling short of expectations, according to early returns from the major carmakers on Friday. Ford Motor Co reported a gain of 10 percent to 212,236 vehicles, slightly beating the analysts' average estimate of 9 percent.
DETROIT, Aug 1- U.S. auto sales look set to show healthy gains for July, but not as much as expected, according to early returns from the major carmakers on Friday.
The approval paves the way the new company, to be called Fiat Chrysler Automobiles, to list its shares in the U.S., likely by mid-October. It will be legally based in the Netherlands and have its fiscal home in Britain. If the total request exceeds 500 million euros, CEO Sergio Marchionne said the merger would be off __ temporarily.
DETROIT, Aug 1- Chrysler Group LLC on Friday said its U.S. On Friday in Turin, Italy, where Chrysler parent Fiat is headquartered for now, shareholders are expected to approve a merger that will create Fiat Chrysler Automobiles, to be registered in the Netherlands.
HOUSTON, July 31- U.S. oil and gas company Apache Corp, under pressure from activist investor Jana Partners, said on Thursday it plans to sell interests in two liquefied natural gas projects as it sharpens the focus on developing North American shale fields.
Eni said Thursday that net profit was 658 million euros, up from 275 million euros in the same period last year. CEO Claudio Descalzi said that "Eni reported a significant increase in cash flow" due to deals for oil price cuts with Gazprom and Statoil. Net sales dropped 2.7 percent to 27 billion euros from 28 billion euros.
KOBE, Japan- Bank of Japan board member Takahide Kiuchi speaks to business leaders in Kobe. ROME- French Finance minister Michel Sapin visits Rome. TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at seminar hosted by Naigai-Josei Chosa-kai in Tokyo- 0330 GMT.
*Results hit by weak Latin America, disappointing N. America. MILAN, July 30- Fiat plans to review its leasing and sales incentive practices in North America to boost margins in the region as it seeks to meet its global full-year targets despite persistent weakness in Latin America and further losses in Europe.
MILAN— Italian carmaker Fiat SpA, which controls Chrysler, on Wednesday said second-quarter profits dropped by more than a half due to lower performance in North and Latin America. Fiat, whose shareholders vote Friday on the merger with Chrysler, said net profit was 197 million euros, compared with 435 million euros in the same period last year.
Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.
CNBC's Julia Chatterly reports on all the market moving events from Europe, as Deutsche Bank and UBS report quarterly numbers.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including talks of sanctions against Russia and a ruling by The Hague against the Russian government to pay more to ex-Yukos shareholders.
Marcus Ashworth, head of fixed income at Espirito Santo Investment Bank, discusses European peripheral bonds, after the Spanish 10-year yield fell below 2.5 percent for the first time ever.
ROME— A new amusement park outside Rome celebrates the world of cinema, taking visitors back to the golden age of Italian film production when the Rome- based Cinecitta Studios— still in operation— were known as " Hollywood on the Tiber."
Benedetto Della Vedova, Undersecretary of State at Ministry of Foreign Affairs, Italy, says tougher sanctions on Russia won't affect the Italian economy.
GENOA, Italy— The shipwrecked Costa Concordia cruise liner completed its final journey, reaching Genoa on Sunday where it will be scrapped. The Concordia struck a reef when its captain sailed too close to Giglio Island off Tuscany's coast Jan. 13, 2012, and capsized, killing 32 people.
*Investors agree to share issue of up to 250 million euros. ROME, July 25- Alitalia shareholders on Friday approved a share issue of up to 250 million euros to keep the Italian flag carrier flying as it seeks to finalize a life-saving tie-up with Etihad Airways. Abu Dhabi's state-owned Etihad Airways plans to buy a 49 percent stake in the Italian carrier.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including U.K. GDP growing at an annualized rate of 3.1 percent and LVMH's earnings miss in Asia.
BRUSSELS, July 25- When Dutch Foreign Minister Frans Timmermans spoke to his European Union peers of his grief and anger over the downing of a Malaysia Airlines airliner over eastern Ukraine, it was a turning point in Europe's approach to Russia.
MILAN/ LONDON, July 24- PSA Peugeot Citroen and Fiat Chrysler denied a Financial Times report on Thursday that the companies were preparing a merger to create the world's fifth-largest carmaker.