Reuters Before the Bell: August 26, 2015

Click to View in Browser Wednesday, August 26, 2015 China August official factory PMI seen shrinking to three-year low BEIJING (Reuters) - Activity in China's manufacturing sector likely shrank at its fastest pace in three years in August, a Reuters poll suggested, adding to signs of deepening economic weakness which are shaking global financial markets. Schlumberger to buy oilfield gear maker Cameron in $14.8 billion deal (Reuters) - Oilfield services company Schlumberger Ltd agreed to buy Cameron International Corp , which makes equipment used by oilfield services providers, in a deal valued at $14.8 billion to cut costs amid weak drilling activity. Stock futures rise but uncertainty remains (Reuters) - U.S. stock index futures were sharply higher on Wednesday, a day after a rally on Wall Street fizzled as concerns about China's economy overwhelmed a bout of bargain-hunting. World shares sag as China jitters persist LONDON (Reuters) - World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilize its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Oil catches breath near six-and-a-half-year lows after falls LONDON (Reuters) - Oil stabilized on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/2-year lows as a heavy supply glut kept the market outlook bearish. Mortgage applications inch up in latest week: MBA NEW YORK (Reuters) - Applications for U.S. home mortgages edged up last week as interest rates declined, an industry group said on Wednesday. Toyota says to restart Tianjin plants post explosion BEIJING (Reuters) - Toyota Motor Corp plans to "gradually" restart from Thursday its manufacturing operations near the Chinese port of Tianjin, which has been halted after the deadly chemical explosions on Aug. 12, the company said on Wednesday. E.ON targets United States in solar push BERLIN (Reuters) - Germany's biggest utility E.ON aims to aggressively expand its solar business and is banking on the United States where President Barack Obama has pledged to promote renewables in a bid to fight climate change. Currency volatility upsets Asian growth plans SINGAPORE (Reuters) - Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China's abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies. Amazon expands Prime Now, offers U.S. alcohol for first time SAN FRANCISCO (Reuters) - Amazon.com Inc said on Tuesday it will begin delivering wine, beer and spirits to U.S. customers for the first time as part of its speedy delivery service, Prime Now. Related Video More volatility hits Chinese markets despite intervention Brace for more market volatility Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook