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U.S. markets news

China's stock market continues its dramatic slide
Hong Kong (CNNMoney) - China stocks continued to lose ground on Tuesday as investors shrugged off efforts by regulators to calm markets.
China shares slip again as Beijing scrambles to calm markets  Reuters
Takeovers Spur Gains in Europe Stocks as Bonds Fall, Oil Slides  Bloomberg
The Globe and Mail  
Britain's Economy Grows 0.7 Percent in Second Quarter
LONDON - Britain's economy picked up speed in the second quarter of 2015, when it expanded by 0.7 percent compared with the previous three-month period.
U.K. Growth Accelerates to 0.7% as Services, Oil Surge  Bloomberg
UK economic growth picks up to 0.7% in second quarter  BBC News
Toyota falls behind VW in world's biggest automaker race
People walk under a logo of Toyota Motor Corp at the company's showroom in Tokyo, Japan, May 8, 2015. Image: YUYA SHINO REUTERS.
Volkswagen outsells Toyota in first half worldwide, GM reporting results ...  Fox News
Baidu On Build It And They Will Come
Baidu Baidu reported results for its June quarter after the close of trading yesterday that were mostly in-line however guidance for the September quarter was a bit lower than Wall Street was expecting.
Baidu's shares slump as results disappoint  Livemint
Baidu's Reinvention Leaves Investors Searching for Profits  Wall Street Journal
BP's bill for oil spill rises to $54.6 billion after additional settlement
LONDON Oil major BP (BP.L) has reached an additional $1 billion settlement agreement for claims from local U.S. government entities regarding the Gulf of Mexico oil spill, bringing the total bill to $54.6 billion, it said on Tuesday.
BP misses second-quarter profit forecast on spill charge  Economic Times
BP's profits plummet due to falling oil price  The Times (subscription)
Sanofi to Join Regeneron in Quest to Unleash Immune System on Cancer
The French pharmaceutical giant Sanofi will pay at least $1.7 billion to enter a new collaboration with Regeneron Pharmaceuticals, this one aimed at developing drugs that harness the body's immune system to fight cancer.
Sanofi, Regeneron in $2.17B immuno-oncology deal  MarketWatch
Sanofi Joins Regeneron in $2.2 Billion Pact for Cancer Therapies  Bloomberg
ASX dances to beat of China's drum
China is under weighted globally in investment portfolios, according to Andrew Clifford of Platinum Asset Management. Reuters. by; Vesna Poljak · Matthew Smith.
China's woes, market heavyweights dictate choppy share market trade  ABC Online
India Morning Call-Global Markets  Reuters
Florida family unearths gold coins worth over $1M from 1715 shipwreck
July 27, 2015: This photo shows gold coins and a gold chain that were found in the wreckage of a 1715 Spanish fleet that sunk in the Atlantic Ocean.
Treasure Hunters Find Over $1 Million Worth of Shipwrecked Spanish Gold off ...  TIME
Sanford treasure hunters find $1M in gold off Florida coast  Washington Times
P&G CEO A.G. Lafley Said to Be Close to Passing Reins to Taylor
Procter & Gamble Co. Chief Executive Officer A.G. Lafley may announce his retirement this week after a board meeting Tuesday, a person familiar with the matter said, setting the stage for heir apparent David Taylor to take the reins.
P&G Set to Announce David Taylor as Successor to CEO A.G. Lafley, Lafley ...  Franchise Herald
P&G to name David Taylor CEO - WSJ  Reuters
General Motors Bets $5 Billion On Emerging-Market Future
Not exactly, anyway. The nation's largest automaker still is bullish on the U.S. and other “mature” markets, but the company is announcing today it will invest $5 billion to develop a new, wide-ranging vehicle architecture to enhance the ...
GM to put $5bn into emerging market car  Financial Times
GM, China's SAIC will develop small vehicles for emerging markets  GlobalPost