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Analysts from Pacific Crest and Brean Capital downgraded Baidu Inc. from Buy to Hold.

A key report on U.S. manufacturing was released earlier than scheduled and immediately raised some doubt about the strength of the economy in the final half of the year. The Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing...

If the talks are not completed in time, European authorities may have to provide further temporary financing as they did with a July bridge loan, though Avgi said that possibility had not been discussed with lenders.

Mr. Gkoutzinis added that for investor confidence in the Greek market to be rekindled, the risk of Greece exiting the eurozone, and the risk of Greece defaulting on its financial liabilities would need to be off the table “once and for all”.

Petroleo Brasileiro S.A. – Petrobras (PBR-A) is trading at $6.260, with a weekly performance of 0.160%. The 50-day moving average is $8.15 and the 200 day moving average is recorded at $10.87.

An IMF official said the Fund would approve new loans for Greece only if Athens reached a deal with European governments that would ensure it can pay its debts, and there was “no expectation” that talks over the next couple of weeks would get to the point where the...

A new report has been published by Japanese business publication Nikkei, suggesting that the working conditions at Konami are bad.

Lloyds said it would “look to return surplus capital above core capital of about 13%”, but the weight of charges put a negative tint on this and further progress made by the bank during its first half.

Albert Benchimol, President and CEO of AXIS Capital, said, “Our proposed transaction with PartnerRe stood to create a powerful mix of two financially strong and independent companies with compelling insurance/reinsurance franchises”.

The Commerce Department releases its June report on consumer spending, which accounts for 70 percent of economic activity, on Monday, August 3, 2015.

Gas prices have now dropped for 18 days in a row (25 in TN & GA).

Yahoo has announced on Friday that it has reached an agreement to purchase social shopping site Polyvore.

Lloyds Banking (LON:LLOY) set aside an extra £1.4bn for PPI mis-selling as it missed profit expectations in the first half of the year.

Banks should alert customers to changes to interest rates or the maturity of a fixed-term account, the Financial Conduct Authority (FCA) said.

The Caixin China manufacturing purchasing managers index, a gauge of nationwide manufacturing activity, fell to 47.8 in July from 49.4 in June, Caixin Media Co. and research firm Markit said.