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  • *China manufacturing contracts at fastest in 3 years- PMI. "It was primarily the China fear factor," Carsten Fritsch at Commerzbank in Frankfurt told the Reuters Global Oil Forum. And an OPEC magazine commentary that some traders interpreted on Monday as signaling a possible subtle policy shift was nothing of the sort, OPEC insiders said.

  • *China manufacturing contracts at fastest in 3 years- PMI. NEW YORK, Sept 1- Oil prices tumbled 8 percent on Tuesday in volatile trading that sent Brent futures back below $50 a barrel as weak Chinese data revived concerns about demand for petroleum after crude's three-day rally of more than 20 percent. "It was primarily the China fear factor," Carsten Fritsch at...

  • WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.. WASHINGTON— Federal Reserve releases Beige Book, 2 p.m..

  • *China manufacturing contracts at fastest in 3 years- PMIs. NEW YORK, Sept 1- Oil prices tumbled 7 percent on Tuesday and Brent futures fell back below $50 a barrel as weak Chinese manufacturing data revived concerns about global demand for petroleum. "It was primarily the China fear factor," Carsten Fritsch at Commerzbank in Frankfurt told the Reuters Global Oil...

  • BERLIN— Some 1,500 companies and over 250,000 people are expected to visit Europe's flagship technology show, the IFA in Berlin, when it opens to the public on Friday. The event, which runs through Sept. 9, will showcase a range of new mobile handsets that will hit stores just in time for the holiday shopping season. Having already announced its latest range of Galaxy...

  • *China manufacturing contracts at fastest in 3 years- PMIs. LONDON, Sept 1- 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. "It was primarily the China fear factor," Carsten Fritsch at Commerzbank in...

  • China is still the No. 1 market, but sales there are slowing as the economy cools and cities impose car ownership limits to curb smog and congestion. It's a reversal from six years ago, when U.S. vehicle sales plunged during the recession and China easily surpassed the U.S. as the world's largest car market. But its sales in China plunged 10 percent.

  • BERLIN, Sept 1- German unemployment fell more than expected in August, with the jobless rate holding steady at a record low, offering reassurance that consumer spending will continue to drive growth in Europe's largest economy this year. "Economy and employment trends in Germany are pointing upward. Companies are well advised not to be unsettled by the recent...

  • *China factory activity shrinks at fastest pace in 3 years. London, Frankfurt and Paris were down 2.3 to 2.5 percent and oil was also back in the red as it cut almost $1.5 off the $10 it had leapt between Thursday and Monday, which had been its biggest three-day surge in 25 years. GDP was revised up, but the overall theme is still the weakness in China and that is very hard...

  • "We want to use this situation to open up the opportunity for the refugees who have come to us legitimately of a new and better life in Germany." Successful asylum applicants in Germany have to attend "integration courses," which include a language element, but Nahles said that people need further language courses to get a foothold in the labor market.

  • *Crude oil prices fall nearly $2 a barrel in Asia trade. LONDON, Sept 1- Oil prices fell more than 3 percent on Tuesday after official data showed China's giant manufacturing sector, the engine powering the world's biggest energy consumer, contracted at the fastest pace in three years. "It was primarily the China fear factor," Carsten Fritsch, senior oil analyst at...

  • Analysts are already talking about when and how the European Central Bank might extend its 1.1 trillion-euro stimulus program that has been running for the past six months in an attempt to boost the modest recovery in the 19 countries that use the euro. They say ECB President Mario Draghi will likely use his news conference Thursday to underline the bank's...

  • NEW YORK— Samsung is juicing up its smartwatch with a circular face and more battery life than the Apple Watch, but it's unknown how many apps will be available for it. According to IDC, Apple was the No. 2 maker of wearable devices in the April-June quarter, with a 20 percent worldwide market share, behind the Fitbit and its fitness trackers at 24 percent.

  • *Germany gets a wake-up call on depth of refugee crisis. No one in Germany is questioning her assessment any longer. In the past two weeks, the country has been shaken by a perfect storm of headlines that have elevated the refugee issue, long seen in Germany as primarily a southern European problem, to the very top of the public and political agenda.

  • Correction: The Month Ahead story Monday, 31 Aug 2015 | 12:33 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Correction: The Week Ahead story Monday, 31 Aug 2015 | 12:11 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • BERLIN— German Chancellor Angela Merkel is making clear she expects Greece to continue complying with its obligations to creditors after upcoming elections, and says she doesn't see any possibility of reducing interest rates on its bailout loans. Greece is holding elections Sept. 20 after Alexis Tsipras stepped down as prime minister, seeking a stronger...

  • "We will have new elections in Greece and I am working on the assumption that Greece will fulfill its commitments," Merkel said during a press conference in Berlin.

  • *Price inflation stays steady but low at 0.2 percent. BRUSSELS/ FRANKFURT, Aug 31- With low price inflation serving as a reminder of the euro zone's delicate health, the European Central Bank is having to reassure market investors that it can do yet more to help the economy. Policy-setters in Frankfurt, who warn that falling oil has skewed this result, point to a...

  • BUDAPEST, Hungary— Austria stepped up vehicle inspections Monday at its Hungarian border after 71 migrants apparently suffocated in a truck, creating a huge traffic jam on the main Budapest- Vienna highway. In addition to the gridlock at the Hegyeshalom border crossing— about a 30- kilometer backup at its peak— traffic was slower than usual at other spots along...