Reuters Before the Bell: August 31, 2015

Click to View in Browser Monday, August 31, 2015 Venture capital cash surfers may see waves recede in market turmoil SAN FRANCISCO (Reuters) - The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public. Europe stocks set for worst monthly loss since 2011 on China, Fed concerns LONDON (Reuters) - Stocks in Europe fell on Monday, heading for their worst monthly losses in four years amid persistent investor concerns about slowing growth in China and the prospect of higher U.S. interest rates. Toshiba CEO says newfound accounting errors not huge TOKYO (Reuters) - The head of scandal-tarred Toshiba Corp said on Monday the company has found a half-decade's worth of new accounting problems forcing it to further delay closing its books but that it does not expect a big impact on its projected results. Exclusive: Citi aims to boost equities franchise amid industry shakeout NEW YORK (Reuters) - Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according people familiar with the bank's plans. Futures fall as September rate hike back in focus (Reuters) - U.S. stock index futures were lower on Monday as investors once again turned their focus to the possibility of a September interest rate increase. Fiat Chrysler's Marchionne says 'unconscionable' to give up on GM deal: paper MILAN (Reuters) - It would be "unconscionable" for Fiat Chrysler Automobiles (FCA) not to pursue a merger with rival General Motors and create a company that can generate $30 billion a year in cash, FCA chief Sergio Marchionne said in a newspaper interview. China stocks slide as crackdown on speculators spreads, lose 11 percent in August SHANGHAI (Reuters) - China stocks fell sharply on Monday before recovering much of their losses as regulators cracked down on speculators which Beijing blames for a 40 percent crash in the country's stock markets since June. BNY Mellon expects to fix pricing glitch before markets open (Reuters) - BNY Mellon Corp expects to fix the computer glitch that disrupted pricing of U.S. mutual funds and exchange-traded funds before markets open on Monday, its chief executive said. China's yuan up on suspected intervention, set for August loss SHANGHAI， (Reuters) - China's yuan firmed on Monday after the central bank set a stronger guidance rate while it also appeared to continue using state-owned banks to support the Chinese currency, traders said. Suzuki Motor says it will buy back VW stake as court settles feud TOKYO (Reuters) - Japan's Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding. Related Video China markets get Monday morning blues Puerto Rico delays fiscal reform plan 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