Monday, August 24, 2015

Reuters Before the Bell: August 24, 2015

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Monday, August 24, 2015
Junior miners jump into medical marijuana, food service amid slump
TORONTO/VANCOUVER/SYDNEY (Reuters) - Many of the world's junior miners are laying down their picks and shovels to start new ventures ranging from egg exporting to medical marijuana farming, as they as try to survive a crash in metals prices by shifting away from exploration.
Great fall of China sinks world stocks, dollar tumbles
LONDON (Reuters) - Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.
Germany sees limited fallout from China economic slowdown
BERLIN (Reuters) - Germany sees only limited consequences for its economy, Europe's largest, from an economic slowdown in China, an Economy Ministry spokeswoman said on Monday.
Stock futures slump as Chinese stock rout deepens
(Reuters) - U.S. stock index futures fell sharply on Monday as alarm bells rang across world markets following a more-than 8 percent drop in Chinese shares and a steep fall in commodity prices.
China fears wipe quarter of a trillion euros off Europe's blue-chips
LONDON (Reuters) - European stocks slumped on Monday after a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low.
China stocks give up year's gains as 'national team' stays on bench
SHANGHAI (Reuters) - China stock markets slumped again on Monday, giving up all their gains for the year on a massive selloff that dragged down regional markets, with even some state media saying the government rescue attempt had now failed.
China fears, global growth doubts grip markets
MADRID (Reuters) - Markets are watching for China's next move as signs of a slowdown in the world's second-largest economy stack up, raising expectations it will act to stoke growth.
China stocks in morning freefall as pension fund rules fail to inspire
SHANGHAI (Reuters) - China major stock indexes collapsed on Monday morning, with traders saying market disappointment over the lack of a liquidity move by the central bank during the weekend triggered a fresh selloff.
Global fears, domestic calm may split week
NEW YORK (Reuters) - The steep and accelerating selloff that pushed the benchmark Standard & Poor's 500 index into its worst week in almost four years may say more about the outlook for emerging markets than the U.S. companies in the S&P, fund managers and analysts say.
UK's BT accuses U.S. telecom rivals of hurting competition: FT
(Reuters) - A BT Group Plc executive has called for the United States to require its telecommunications companies to allow access to their networks at regulated prices, similar to rules in place in the United Kingdom, the Financial Times reported on Sunday.
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