Reuters Business Today: August 27, 2015

Click to View in Browser Thursday, August 27, 2015 Stock futures rise as Sept rate hike seems less likely (Reuters) - U.S. stock index futures rose sharply on Thursday, a day after Wall Street posted its biggest one-day gain in four years. U.S. second-quarter GDP growth rate revised up to 3.7 percent WASHINGTON, Aug 27 (Reuters) - The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Jobless claims fall more than expected WASHINGTON, Aug 27 (Reuters) - The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to a steadily firming labor market. Stocks fly after Fed official cools September rate hike talk LONDON (Reuters) - Stocks surged on Thursday, following the biggest gains on Wall Street in four years, after a U.S. Federal Reserve policymaker said the case for an interest rate increase next month "seems less compelling" than it was a few weeks ago. Tiffany forecasts surprise decline in full-year profit (Reuters) - Luxury jeweler Tiffany & Co forecast a surprise decline in full-year profit and reported an unexpected fall in second-quarter sales as a strong dollar discouraged tourist spending in the United States and reduced the value of overseas sales. The euro is irreversible despite its faults: ECB's Coeure FRANKFURT (Reuters) - The euro is an irreversible project even though the people of Europe lack confidence in the currency union's ability to deliver all promised benefits, European Central Bank executive board member Benoit Coeure said on Thursday. Syngenta shares rebound as management seen under pressure to act FRANKFURT (Reuters) - Shares in pesticides maker Syngenta bounced back on Thursday from their worst ever slump in the previous session as the market speculated on management being pressured into quickly boosting the shares after suitor Monsanto walked away. China market chaos blamed on exodus of regulatory 'turtles' SHANGHAI (Reuters) - At the height of the 2008 financial crisis, as Wall Street slashed jobs, Beijing took advantage of the disarray to poach top Chinese financial talent from overseas to help reform its stock markets. Wal-Mart boosts holiday layaway, eyeing Star Wars toy launch (Reuters) - Wal-Mart Stores Inc said it will bring forward its holiday layaway program by two weeks, as the world's largest retailer hopes to get a jump on year-end demand and fuel sales of soon-to-be-launched Star Wars toys. Goldman Sachs to hire several hundred people in Warsaw WARSAW (Reuters) - Goldman Sachs will hire "several hundred" employees for its Warsaw-based technology and operations units over the next three years, the U.S. bank said on Thursday. Related Video Calmer markets thanks to U.S. not China 'Bad bank' path too steep for Greece? Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. 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