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U.S. markets news

World stocks unsteady on dim growth outlook, China volatile
HONG KONG - World stocks were wobbly Wednesday on uncertainty over the economic outlook while China's markets minimized losses amid speculation Beijing was intervening to support prices.
Chinese stocks swing again as rollercoaster trading continues  Telegraph.co.uk
China Stock Wobbles Leave Global Markets Fumbling for Direction  Bloomberg
CNNMoney  
Australia second-quarter economic growth hits lowest in two years, Aussie ...
SYDNEY Australia experienced the slowest economic growth in two years over the second quarter due in part to a sharp fall in export volumes, official data showed on Wednesday, knocking the Australian dollar to its lowest in over six years.
Australian dollar hits six-year low on China fears  Sydney Morning Herald
Australian economy slows amid China ripples  Financial Times
Toy maker Lego sees strong growth, profit in all regions
HELSINKI - Lego says its popular multi-colored toy blocks were in strong demand in the first half of the year, resulting in good growth in profits and revenue and an upbeat outlook for the full year.
New ranges send Lego sales soaring in first half  BBC News
Lego first-half sales up 23%, helped by growth in Asia  Irish Times
VW proposes contract extension for CEO Winterkorn
FRANKFURT, Sept 2 Volkswagen said the Executive Committee on the supervisory board had proposed extending Chief Executive Martin Winterkorn's contract until 2018, throwing its support behind the engineer who survived a power struggle earlier this ...
Volkswagen to Extend CEO Winterkorn's Contract Through 2018  Bloomberg
Volkswagen extends CEO Winterkorn's contract  MarketWatch
Here's When McDonald's Will Start Serving All-Day Breakfast
October 6. This is the day McDonald's all across America will start serving breakfast menu items at all hours of the day, every day.
McDonald's all-day breakfast coming October 6  CNNMoney
McDonald's will start selling all-day breakfast next month  Livemint
UPDATE 2-China signs off on $5 bln loan to boost Venezuela oil output -Maduro
(Adds Chinese ministry comment, background). CARACAS, Sept 1 (Reuters) - Venezuela and China have signed a deal for a $5 billion loan designed to increase the OPEC country's oil production, Venezuelan President Nicolas Maduro said.
Venezuela's Manufactured Border Crisis  New York Times
Venezuela says it has secured US$ 5 billion loan from China  Economic Times
The $2 Trillion Emerging-Stock Drop Fixing All Eyes on China
The August meltdown that wiped more value off emerging-market stocks than at any time since the collapse of Lehman Brothers Holdings Inc. has gotten investors more fixated than ever on China's economic fortunes.
Volatility won't impact China A shares decision - MSCI  Business Standard
Emerging stocks fall as energy companies drop; ringgit slides  The Malaysian Insider
Shell President: 'Oil Will Be Required for a Long Time'
The president of Shell Oil Co. said exploratory drilling off Alaska's northwest coast is going well despite stormy weather last week that caused the company to halt operations for a few days.
Emma Thompson joins giant polar bear at Greenpeace protest outside Shell HQ  The Guardian
700 Walrus Seen Near Shell Oil Rigs in Arctic as Obama Visits Alaska  EcoWatch
Tesco Nears $7 Billion South Korea Deal
Retailer Tesco TSCDY -3.63 % PLC has picked Asian private-equity firm MBK Partners LP as the preferred bidder to buy its South Korea retail operations—its largest outside the U.K.
Tesco picks buyout firm MBK as preferred bidder for South Korea unit: sources  Reuters
MBK Partners closes in on $6bn Tesco Korea deal  Financial Times
Founder of British online retailer ASOS steps down as CEO
LONDON Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world.
Asos Chief to Step Down 15 Years After Founding Fashion Retailer  Bloomberg
ASOS founder and CEO steps down after 15 years  shropshirestar.com