Tuesday, September 1, 2015

Reuters Before the Bell: September 1, 2015

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Tuesday, September 1, 2015
Fiat Chrysler August U.S. sales rise 2 percent, top estimates
DETROIT (Reuters) - Fiat Chrysler Automobiles NV on Tuesday led off major automakers reporting U.S. August sales, posting a stronger-than-expected rise of 2 percent, boosted by SUV and pickup truck sales.
Man Group shares fall after report China head helping police probe
LONDON/BEIJING (Reuters) - Shares in British hedge fund manager Man Group Plc fell more than 6 percent in early trade on Tuesday following a report the head of its China unit had been taken into custody as part of a probe into the country's recent market volatility.
China jitters send global stocks tumbling
LONDON (Reuters) - World stocks and commodity prices tumbled on Tuesday, as poor Chinese data saw fears about its economic health intensify.
China, euro zone weaken despite world awash with cash
LONDON/BEIJING (Reuters) - China's giant manufacturing industry contracted while British and euro zone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer.
Oil falls on weak China factory data
LONDON (Reuters) - Oil prices fell sharply on Tuesday after official data showed China's giant manufacturing sector, one of the main engines powering the world's biggest energy consumer, contracted at its fastest pace in three years.
Law firm targets Google foes for private damages claims
BRUSSELS (Reuters) - U.S. law firm and class action specialist Hausfeld launched a platform on Tuesday to help pursue claims against Google, posing a potential headache for the world's No. 1 Internet search engine amid its regulatory troubles in Europe.
Calpers, Calstrs oppose joint CEO-chairman role at Bank of America
(Reuters) - Two of America's biggest public pension funds have come together to oppose an amendment of bylaws at Bank of America Corp that would allow Brian Moynihan to continue as both chief executive and chairman of the No. 2 U.S. bank by assets.
IMF's Lagarde sees weaker than expected global economic growth
JAKARTA (Reuters) - Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations.
Spain is best example that Europe is doing things right: Schaeuble
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said on Tuesday that Spain's economic development showed that the euro zone was tackling its crisis well.
Merkel says Europe has not yet managed to overcome crisis
BERLIN (Reuters) - German Chancellor Angela Merkel said on Tuesday that Europe had not yet managed to finally overcome its debt crisis.
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