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U.S. markets news

UPDATE 1-Fiat Chrysler's Marchionne says "unconscionable" to give up on GM ...
(Adds comment from GM). MILAN Aug 31 (Reuters) - It would be "unconscionable" for Fiat Chrysler Automobiles (FCA) not to pursue a merger with rival General Motors and create a company that can generate $30 billion a year in cash, FCA chief Sergio ...
Fiat Chrysler's Five-Year US Streak May End on Calendar Quirk  Bloomberg
Fiat Chrysler CEO again pushes merger with GM  USA TODAY
Fox Business  
Wall St. dips as September rate hike back on the table
Wall Street opened the week in the red after comments from Federal Reserve Vice Chairman Stanley Fischer over the weekend appeared to keep the door open for a rate hike in September.
Stocks start week in red on Fed uncertainty, China fears  USA TODAY
At the open: Stocks fall amid rate hike chatter  The Globe and Mail
German yields stable after inflation surprise
(Updates prices for close). By John Geddie. LONDON Aug 31 (Reuters) - German bond yields held firm in holiday-thinned trading on Monday, failing to take much impetus from better-than-expected euro zone inflation data or efforts by policymakers to play ...
Low inflation in Europe puts spotlight on ECB  The Globe and Mail
German's Bonds Find Support as Faster Inflation Seems Elusive  Bloomberg
Giant Gas Find Triggers Israel Selloff as Egypt Stocks Rise Most
A gas discovery in the eastern Mediterranean that has the potential to transform the region's energy balance battered Israeli stocks while Egyptian shares jumped the most in the world.
Initial investment in Eni mega gas field in Egypt about $3.5 billion: EGAS  Reuters
New 'Super Giant' Natural Gas Field Could Be Straw That Breaks OPEC ...  Daily Caller
China state media announce confessions in stock market investigations
SHANGHAI Chinese state media announced a slew of confessions on Monday following investigations into dramatic stock market fluctuations, including from a reporter who said he had spread false information that had caused "panic and disorder".
China pins market plunge on financial journalist, airs 'confession'
China arrests nearly 200 in stock market crackdown  Irish Times
India warned to beware gloating over China crisis
Indian leaders have struggled to contain a surge of hope and national pride as they contemplate the recent meltdown of China's markets and calculate the opportunities for the relatively small but fast-growing Indian economy.
Economic growth slows to 7 percent, likely to fuel rate cut calls  Reuters
Charts: At 7%, Q1 GDP throws up a negative surprise; RBI rate cuts imminent?  Firstpost
Oil falls under $45, set for a monthly loss
Oil futures headed lower on Monday as persistent concerns surrounding demand from China and the global glut of crude supplies contributed to a drop below $45 a barrel for U.S.
Oil falls back below $49 as glut, China concerns weigh  Reuters
Oil prices drop after huge rally
Blue Bell Ice Cream Slowly Returns to Stores
Blue Bell Creameries resumed delivering ice cream to select regions on Monday, several months after shutting down production when Blue Bell products were identified as the source of a multi-state listeria outbreak.
Blue Bell ice cream slowly returning to store shelves
Ice cream deprived in Houston line up early for Blue Bell's return  Dallas Morning News (blog)
China eases housing investment rules again to boost economy
BEIJING China relaxed its housing investment rules for the second time in two weeks on Monday by slashing the downpayment level for most second-home buyers, as authorities try to jumpstart growth in a part of the economy that is showing rare signs of ...
Opinion: Beijing's incompetence is now China's biggest problem  MarketWatch
Beijing must deal with stock bought in downturn  The Australian
Toshiba CEO says newfound accounting errors not huge
TOKYO Aug 31 The head of scandal-tarred Toshiba Corp said on Monday the company has found a half-decade's worth of new accounting problems forcing it to further delay closing its books but that it does not expect a big impact on its projected results.
Toshiba Delays Earnings Report on Further Accounting Probe  Bloomberg
Toshiba scandal continues as more accounting errors found  TODAYonline