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U.S. markets news

German unemployment rate ticks up in August
BERLIN - Germany's unemployment rate crept up to 6.4 percent in August, but the Federal Labor Agency says the job market in Europe's largest economy remains robust.
German unemployment at record lows as economy recovers  Economic Times
German unemployment falls in August, jobless rate at record low  Irish Times
Yahoo CEO Marissa Mayer Expecting Twin Girls
Yahoo Inc. YHOO -2.72 % Chief Executive Marissa Mayer is expecting twins, Mayer announced via her blog Tuesday. “Since my pregnancy has been healthy and uncomplicated and since this is a unique time in Yahoo's transformation,” Ms. Mayer wrote, ...
UPDATE 1-Yahoo CEO Marissa Mayer says expecting twin girls  Reuters
Yahoo chief Mayer says she's pregnant with twins  Washington Post
Eurozone Jobless Rate Falls to Its Lowest Since Early 2012
The eurozone's jobless rate fell to its lowest since early 2012 during July, driven by big falls in the number of people without work in Italy and Spain.
Euro zone unemployment falls to three-year low in July  Reuters
Euro-Area Joblessness Falls to Lowest Level Since Early 2012  Bloomberg
Don't Confuse China's Slowing Economy With Its Plunging Stock Market
China's stock market didn't go up because the economy was improving. So investors shouldn't read too much into the market's collapse for clues on the economic slowdown either.
Fears over sterling and China hit UK manufacturing  Financial Times
Pound stumbles as UK manufacturing lurches towards stagnation
Indonesia is better prepared to face global volatility-IMF head
JAKARTA, Sept 1 Indonesia has never been more prepared to handle global economic uncertainty, stemming from concerns like China's slowdown and depressed commodity prices, the head of the International Monetary Fund said on Tuesday.
Emerging economies must be vigilant over China slowdown: IMF chief Christine ...  Economic Times
Lagarde Says Volatility Puts Asia's Growth at Risk  Wall Street Journal
Oil falls 3 percent on weak China factory data
LONDON Oil prices fell more than 3 percent on Tuesday after official data showed China's giant manufacturing sector, the engine powering the world's biggest energy consumer, contracted at the fastest pace in three years.
Russia, Venezuela to Discuss Stabilizing Oil — Energy Journal  Wall Street Journal (blog)
World's Top Oil Trader Vitol Sees Price Stuck at $40-$60 to 2016  Bloomberg
China urged to free reporter detained for stock market story
BEIJING - The Committee to Protect Journalists is urging Chinese authorities to release a reporter accused of spreading false information on the country's stock market meltdown, calling it the latest act of media intimidation by President Xi Jinping's ...
Press freedom groups urge China to release reporter accused of false article ...  Fox Business
Stock market crash: Why China's crackdown on rumours will only hurt its ...  Economic Times
European manufacturing momentum fades, but jobless rate falls
LONDON, Sept 1 (Reuters) - Europe's economies are generating little inflation and manufacturing growth is slowing across much of the continent, a series of surveys showed on Tuesday.
France 'stuck in the doldrums' with second worst factory sector in ...
Manufacturing growth slows in August
Valeant picks up AstraZeneca psoriasis drug after Amgen exit
Canada's Valeant Pharmaceuticals International Inc is buying rights to AstraZeneca Plc's late-stage experimental psoriasis drug brodalumab after it was dropped by Amgen Inc in May.
Valeant to Work on Psoriasis With Astra After Amgen Bows Out  Bloomberg
UK shares head for worst one-day fall in over a week  Reuters
Rentokil buys $425 million US pest control business Steritech
LONDON British support services company Rentokil Initial has continued its North American expansion with its biggest deal in 10 years, agreeing to buy pest control business Steritech for $425 million.
Rentokil acquires pest control biz Steritech for $425 m
Rentokil to buy US pest-control firm Steritech  MarketWatch