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U.S. markets news

Europe shares set to follow Asian losses as China PMIs stoke growth fears
TOKYO Asian shares extended losses on Tuesday and European markets look set to follow after twin surveys showed China's manufacturing sector in the grip of its worst slump in several years, raising fresh fears about the health of its economy.
Stocks and commodities hit by weak China data  Financial Times
Newsmaker: Zhou Xiaochuan, governor of the People's Bank of China  Irish Independent
US crude output cuts will only come if prices stay low -Goldman
Sept 1 Further U.S. production cuts needed to rebalance oil markets will only happen if U.S. crude prices remain low, at around $45 a barrel, Goldman Sachs said late on Monday.
Oil Prices Pull Back After Breathless Rally  Wall Street Journal
Oil's Strongest Rally in 25 Years Stalls as Supply Seen Rising  Bloomberg
Yahoo's Marissa Mayer is expecting twin girls
SAN MATEO, Calif.—Yahoo CEO Marissa Mayer said Monday that she and her husband were expecting twin girls in December, though given her good health and the "unique time" in Yahoo's transformation, she expected to take only a limited time away.
Yahoo CEO Marissa Mayer says expecting twin girls  Reuters
Yahoo CEO Marissa Mayer pregnant with twin girls  Fortune
Maersk Oil's Culzean gasfield given go-ahead
An oil rig in the North Sea. The Oil and Gas Authority has granted approval for Maersk's �3bn Culzean investment. Photograph: Danny Lawson/PA.
UK gives green light to €4bn Maersk gas plan  Irish Independent
It's a smokescreen: North Sea unions blast chancellor George Osborne ...  Scottish Daily Record
Valeant gets right to develop AstraZeneca's psoriasis drug
Company logo of Valeant Pharmaceuticals International Inc is seen at its headquarters in Laval. Photo: Reuters. mail · print.
Valeant And AstraZeneca To Partner On Brodalumab  CNNMoney
UK Stocks-Factors to watch on Tuesday Sept. 1  Reuters
Sensex down over 200 points on weak GDP data
MUMBAI: The BSE benchmark Sensex on Tuesday opened more than 270 points down on global cues and less-than-expected GDP growth. The GDP data showed that growth has not accelerated much.
June quarter GDP at 7%: India is still fastest growing but numbers reveal ...  Firstpost
India's Economy Outshines Neighbors With Latest GDP Figures  Wall Street Journal (blog)
Nerves on edge as Chinese authorities probe market mayhem
BEIJING/LONDON The head of hedge fund manager Man Group Plc's China business has been taken into custody to help authorities in a probe into recent market volatility, Bloomberg reported on Monday, while separately a local financial reporter confessed ...
China turns up heat on market participants  Financial Times
The disappearance of a top hedge fund manager could be a sign that China is ...  Business Insider
Gold gains as equities, dollar retreat; Fed hike view caps rise
MANILA Gold edged higher on Tuesday as equities faltered on mounting expectations that the U.S. Federal Reserve will likely go ahead with an interest rate increase this month.
Gold Gains After China Factory Gauge Shrinks to Three-Year Low  Bloomberg
Gold may remain volatile due to uncertainty: Sushil Finance
Australia Central Bank Leaves Rates Unchanged
SYDNEY—Australia's central bank left interest rates unchanged on Tuesday, as expected, saying record-low rates were acting to support borrowing and spending.
Australian dollar eases despite RBA's holding pattern  Sydney Morning Herald
RBA keeps cash rate steady at 2pc  The Australian Financial Review
Fiat Chrysler CEO Urges Merger with GM
(DETROIT) - Is a merger between Fiat Chrysler Automobiles and General Motors possible? GM has so far rejected any ideas of a merger, but the FCA chief isn't backing off.
Marchionne puts the squeeze on GM; GM's response: 'Why bail out FCA ...  Automotive News