... * China official PMI at 3-year low; Markit reading at 6-1/2 yr low. * China services sector growing, but at slower pace. * European factory growth rates weakened in August.
Asian shares started a global selloff after a gauge of Chinese manufacturing fell to a three-year low. European stocks followed after data pointed to weaker growth in the region, and the slump spread to the U.S.
International Monetary Fund Managing Director Christine Lagarde said the global expansion outlook is worse than the lender anticipated less than two months ago, with advanced and Asian economies growing more slowly than expected.
LONDON Oil prices fell sharply on Tuesday after official data showed China's manufacturing sector, one of the main engines powering the world's biggest energy consumer, contracted at its fastest pace in three years.
Yahoo's Chief Executive Marissa Mayer announced she is pregnant with identical twin girls, likely due in December. "Since this is a unique time in Yahoo's transformation, I plan to approach the pregnancy and delivery as I did with my son three years ...