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U.S. markets news

Europe stocks set for worst monthly loss since 2011 on China, Fed concerns
LONDON Stocks in Europe fell on Monday, heading for their worst monthly losses in four years amid persistent investor concerns about slowing growth in China and the prospect of higher U.S.
Gold Loses Some Luster as Fed Decision Looms  Wall Street Journal
World stocks fall after Fed suggsts Sept. rate hike possible  Newsday
MarketWatch  
German's Bonds Find Support as Faster Inflation Seems Elusive
Investors were in no rush to sell German government bonds, after euro-area inflation held steady in August, keeping alive speculation that European Central Bank policy makers may come under pressure to step up stimulus.
Eurozone inflation steady at 0.2 per cent  Sky News Australia
Euro zone inflation steady in August, easing pressure on ECB  The Globe and Mail
Fiat Chrysler CEO again pushes merger with GM
Sergio Marchionne, CEO of Fiat Chrysler Automobiles, is taking another swing at trying to promote the idea of a merger with General Motors.
'Unconscionable' to give up on GM deal: Fiat Chrysler's  Moneycontrol.com
Sergio Marchionne fires up Fiat-GM merger talk again  Seeking Alpha
MarketsBuckle up! Oil roller coaster still running
After Brent crude surged more than 15 per cent over Thursday and Friday to close above $50 a barrel, in what most traders viewed as a short covering rally ahead of the long UK weekend, the international oil benchmark is dipping once again, writes ...
Oil prices drop after huge rally  The Guardian Nigeria (satire) (press release) (blog)
Oil prices dip in Asia after huge rally  Times of India
China Shuts Down 165 Online Accounts Over False Rumors
BEIJING - Nearly 200 people have been "punished" for spreading rumors about the Chinese stock market and the Tianjin blasts, authorities said.
Chinese financial reporter makes on-air 'confession' after market chaos  The Guardian
China state media announces confessions in probes into stocks plunge  Livemint
Eni Sees Biggest Mediterranean Gas Find Boosting Cash Flow
Eni SpA's discovery of a “super giant” natural gas field off the Egyptian coast will help boost the Italian company's cash flow and “positively” affect its dividend, Chief Executive Officer Claudio Descalzi said.
A gigantic natural gas discovery in Egypt means Israel has to find another ...  Quartz
Israeli energy stocks plunge after Egyptian gas find  Globes
Blue Bell Resumes Selling Ice Cream After Listeria Recall
Blue Bell ice cream is back. Blue Bell Creameries has resumed selling its products in select locations Monday, four months after the Texas-based retailer halted sales due to listeria contamination.
Here is the latest Alabama news from The Associated Press  WAAY
Blue Bell ice cream is back  W*USA 9
Bristol-Myers buys rights to fibrosis drug for up to $1.25 billion
Drugmaker Bristol-Myers Squibb said it would buy the worldwide rights to a mid-stage fibrosis drug from privately held Promedior Inc for up to $1.25 billion.
Bristol-Myers Granted Right to Buy Promedior for up to $1.25 Billion  Wall Street Journal
Bristol-Myers Squibb (BMY) Obtians Exclusive Right to Acquire Promedior and ...  StreetInsider.com
India's Economic Growth Slows
NEW DELHI—India's economic expansion decelerated to 7% year-over-year in the quarter ended June 30, highlighting the challenges Asia's third-largest economy faces as it tries to gain momentum.
India's economic growth slows to 7%  BBC News
Economic growth dipped to 7% in April-June: Expert views  Economic Times
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.
Maersk gets approval for $4.5 billion U.K. North Sea gas field  Chron.com (blog)
Maersk to develop large North Sea gas find off Britain  seattlepi.com