Reuters Before the Bell: September 2, 2015

Click to View in Browser Wednesday, September 2, 2015 U.S. private sector adds 190,000 jobs in August: ADP NEW YORK (Reuters) - U.S. private employers added 190,000 jobs in August, short of economists' expectations, a report by a payrolls processor showed on Wednesday. Bill Gross: Fed tightening cycle could create self-inflicted financial instability NEW YORK (Reuters) - Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, said on Wednesday that U.S. central bankers may have missed their window of opportunity to hike rates earlier this year and normalizing them now could create "self-inflicted financial instability." GM expects India business to be profitable in five years NEW DELHI (Reuters) - General Motors Co expects to be profitable in India in five years as it cuts costs and works towards increasing locally produced content for its cars, the automaker's country chief told Reuters. Oil extends losses on weak economic outlook LONDON (Reuters) - Oil prices fell on Wednesday as concerns about the global economy exacerbated worries that an oversupply of crude could last longer than expected. Futures up as China fears ease; U.S. private jobs data eyed (Reuters) - U.S. stock index futures rose on Wednesday after fresh intervention from China to support its markets helped calm jittery investors, and ahead of U.S. private employment data. VW's CEO Martin Winterkorn set to stay on for three more years FRANKFURT (Reuters) - The executive committee of Volkswagen's supervisory board has proposed extending Martin Winterkorn's contract as chief executive until the end of 2018, the company said on Tuesday, opening the door to the appointment of an outsider as chairman. Lufthansa CEO defends cost cuts as pilots threaten more strikes FRANKFURT/VIENNA (Reuters) - Lufthansa's chief executive defended the German airline's hard line on strikes on Wednesday after pilots' union Vereinigung Cockpit (VC) threatened further walkouts in an row over retirement benefits and cost cuts. China stock probes send shivers through investment community SHANGHAI (Reuters) - Investigations by Chinese authorities into wild stock market swings are spreading fear among China-based investors, with some unsure if they are simply helping with inquiries or actually under suspicion, executives in the financial community said. Markets on edge as policymakers flex muscles LONDON (Reuters) - Fresh government intervention to support China's jittery markets and bets on a more dovish stance from central bankers provided limited respite from a stock market sell-off on Wednesday as oil resumed its fall. Lufthansa CEO defends hard line on strikes VIENNA (Reuters) - The CEO of German airline Lufthansa defended the carrier's hard line on strikes on Wednesday after pilots' union Vereinigung Cockpit threatened further walkouts in a row over retirement benefits and cost cuts. Related Video Australian economy slows to 2-year low New models spur U.S. auto sales in August 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