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  • GREEK BLUE CHIP STOCK INDEX FUTURES OPEN DOWN 15.2 PCT BEFORE GREEK STOCK MARKET'S OPEN.

  • LONDON, Aug 3- European shares were steady on Monday as strong results from HSBC and Commerzbank offset the impact of weak Chinese economic data, with the reopening of the Greek bourse also in focus. HSBC rose 1.5 percent after the bank reported higher first-half earnings and announced the sale of its Brazilian unit to Banco Bradesco SA for $5.2 billion..

  • To Cheryl Hendricks in parched California, it's simple: To put food on the table "we rely on agriculture." She and her husband are taking shorter showers and removing lawn in response to California's four-year drought, but for growers and ranchers "it's more important for them to have it. In California, for example, agriculture accounts for 80 percent of all water...

  • MANILA, Aug 3- Gold steadied not far above a 5-1/ 2- year low on Monday, struggling to scale higher at the start of the month after its deepest loss in two years in July, as expectations for a near-term hike in U.S. interest rates kept sellers nearby. Gold's rout deepened last month as the dollar strengthened after upbeat U.S. economic data and comments by the Federal...

  • *Commerzbank shares indicated up 2.2 percent. FRANKFURT, Aug 3- Commerzbank's second-quarter net profit more than doubled thanks to strong retail banking activities, and the German lender announced its first dividend since 2007.. Commerzbank, a household name in Germany which finances more than a third of the nation's exports, is more than half way through a...

  • SINGAPORE, Aug 3- Noble Group, Asia's biggest commodity trader, flagged potential support from strategic investors as it stepped up its campaign to reverse a dramatic plunge in its share price on concerns about its accounting practices. The Singapore- listed company said it had enough funds on hand to finance its operations, refuting rumors it would be unable to...

  • TOKYO, Aug 3- Japanese shares slipped on Monday, with the Nikkei average snapping a three-day winning streak, as a barrage of mostly positive earning reports failed to dispel growing concerns over a slowdown in China's economy. Steelmakers were worst hit, with Kobe Steel dropping 4.2 percent and Nisshin Steel shedding 9.7 percent. A failure at the weekend by...

  • ATHENS, Aug 3- Greece will extend a short-selling ban on stocks that went into effect when capital controls were imposed on June 29 and expires on Monday, a source at the country's securities regulator told Reuters. Trading on the Athens bourse was suspended in late June as part of capital controls imposed to stem a debilitating outflow of euros that threatened...

  • LONDON, Aug 3- British publisher Trinity Mirror said it expected to hit its profit forecasts for 2015 after cost cuts and growth in digital income softened the impact from the continued fall in newspaper print advertising sales. The home to the Daily Mirror newspaper said that while first-half revenue fell 8.7 percent, cost savings helped adjusted profit...

  • *Factory activity in Taiwan, South Korea and Indonesia also weak. *UK, Europe, US PMIs due later in the day. Similar business activity surveys for Taiwan, South Korea and Indonesia- all heavily reliant on Chinese demand- reflected varying degrees of weakness that is clouding hopes for a convincing global recovery in the second half of the year.

  • BERLIN— A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.' s HERE map business in a deal that values the unit at 2.8 billion euros. Nokia, based in Finland, has refocused its business on producing equipment for wireless networks after selling its mobile phone handset operation to Microsoft Corp. The company said...

  • While New York City riders have increasingly more choices in how to get from here to there with the rise of e-hailing apps— and lawmakers grapple with how to regulate the booming industry— the drivers who keep cars moving are stuck in the middle. "In three years, there will be no taxis on New York City streets," Uber driver Michael Keflom predicted as he prowled the...

  • *HSBC to sell Brazil unit for $5.2 bln. HONG KONG, Aug 3- HSBC Holdings said its first-half profit climbed a better than expected 10 percent, driven by a strong performance in Hong Kong that comes as the bank considers moving its headquarters to the Asian financial hub. HSBC also announced on Monday the sale of its Brazil unit to Banco Bradesco SA, the country's...

  • BEIJING, Aug 3- Indian online marketplace Snapdeal is set to raise $500 million in investment from Alibaba Group Holding Ltd, SoftBank Group Corp and Foxconn, the trading name of Hon Hai Precision Industry Co Ltd, a person familiar with the matter said on Monday. Alibaba and Foxconn declined to comment. Alibaba affiliate Ant Financial Services Group in February...

  • BEIJING, Aug 3- China's factory activity shrank more than initially estimated in July, contracting the most in two years as new orders fell and dashing hopes that the world's second-largest economy may be steadying, a private survey showed on Monday. Fears of a full-blown market crash have added a new sense of urgency for policymakers in Beijing, with many...

  • *OPEC oil output hits new high in July- Reuters survey. SINGAPORE, Aug 3- Oil extended losses to multi-month lows on Monday on worries of oversupply as OPEC pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest oil consumer. "The market seems to again focus on the supply situation... one of the...

  • HONG KONG, Aug 3- China stocks fell on Monday with thin buying interest as a survey showed weak factory activity and some investors stayed on the sideline for a breather after mainland shares suffered their worst monthly loss in six years in July. China's markets regulator has suspended a trading account of U.S.-based hedge fund Citadel LLC, the fund said on...

  • NEW YORK, Aug 3- For U.S. coffee shops, business usually cools down as the weather heats up. Others have jumped on board, including the nation's largest coffee chain, Starbucks, which launched cold brew at 2,800 stores this summer. "One day, there will be no regular iced coffee," Mai said, while pouring a nitrogen-infused cold brew made by Brooklyn- based Gillies Coffee...

  • HONG KONG— HSBC Holdings PLC, Europe's biggest bank, said Monday that strong performance in Asia helped to boost first-half profit by 10 percent. Also Monday, HSBC announced it is selling its business in Brazil to Banco Bradesco SA as part of plans announced in June to simplify its sprawling global operations. HSBC said it would keep an operation in Brazil to serve...