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GLOBAL MARKETS-Fed comments lift dollar, weigh on Treasuries, stocks

(Updates to U.S. market close) * Brent stabilizes near $50 a barrel after 5 pct drop * Euro hits two-week low versus greenback * Utilities lead declines on Wall Street By Rodrigo Campos NEW YORK, Aug 4 (Reuters) - The U.S. dollar rose on Tuesday, while stocks and Treasuries prices fell after comments from a top Federal Reserve official brought forward market expectations of an interest rate increase.

First Solar 2nd-quarter earnings rise sharply

Aug 4 (Reuters) - U.S. solar company First Solar Inc on Tuesday reported sharply higher quarterly sales and earnings due to increased revenue from a large project in Nevada and the sale of majority stakes in two others in California.

Contract oil driller Nabors posts quarterly loss

Aug 4 (Reuters) - Contract oil and gas driller Nabors Industries Ltd posted a second-quarter loss compared with a profit a year earlier, hurt by depressed drilling activity in North America due to weak oil prices.

GLOBAL MARKETS-Dollar up, stocks off after Fed comments

(Updates prices, changes comments) * Brent oil stabilizes near $50 a barrel after 5 pct drop * Euro hits two-week low versus greenback * Utilities lead declines on Wall Street By Rodrigo Campos NEW YORK, Aug 4 (Reuters) - The U.S. dollar and Treasury yields rose on Tuesday, while stocks fell, after comments from a top Federal Reserve official brought forward market expectations of an interest rate increase.

COLUMN-Poor commodities: an asset without a central bank backer: James Saft

Aug 4 (Reuters) - Commodity investors stung by the four-year bear market made one simple mistake: investing in an asset class not backed by a central bank.

McConnell: Senate likely to consider resolution to disapprove Iran deal

WASHINGTON, Aug 4 (Reuters) - U.S. Senate Majority Leader Mitch McConnell said on Tuesday the Senate would "in all likelihood" consider a resolution of disapproval on the Iran nuclear agreement.

Resolution to disapprove of Iran deal introduced in U.S. House

WASHINGTON, Aug 4 (Reuters) - Republican U.S.

Gaddafi loyalists stage rare protest in eastern Libya

BENGHAZI, Aug 4 (Reuters) - Supporters of toppled Libyan dictator Muammar Gaddafi staged a rare demonstration in the eastern city of Benghazi on Tuesday, shouting "Muammar, Muammar", but dispersed after opponents opened fire with guns and hurled rocks.

UPDATE 1-U.S. court rejects Ecuador challenge to $96 mln Chevron award

NEW YORK, Aug 4 (Reuters) - A U.S. appeals court on Tuesday rejected Ecuador's challenge to a $96 million international arbitration award in favor of energy giant Chevron Corp, marking the latest twist in a decades-long dispute over the development of oil fields in the South American country.

Australian may buck a trend with new Queensland oil refinery

Australia's aged refining sector has shrunk by more than half over recent years, but at least one small local player appears to want to buck the trend.

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