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  • *Supply glut and China' hard landing' fears weigh. LONDON, Aug 26- Oil stabilised on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/ 2- year lows as a heavy supply glut kept the market outlook bearish. Brent was unchanged at $43.21 a barrel by 0925 GMT, and U.S. crude was up 5 cents at $39.36 a barrel.

  • GLOBAL MARKETS-World shares sag as China jitters persist Wednesday, 26 Aug 2015 | 4:53 AM ET

    *China stock indexes give up early gains despite rate cuts. LONDON, Aug 26- World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilize its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Europe's main stock markets, which had surged on Tuesday after China's moves, reopened 2...

  • European shares fall as China concerns still weigh Wednesday, 26 Aug 2015 | 3:57 AM ET

    *Paddy Power surges on Betfair merger plan. LONDON, Aug 26- European shares fell on Wednesday, tracking declines in other markets as concerns about China's economy persisted, with bank and mining stocks lagging. A rare bright spot was betting firm Paddy Power which surged 20 percent as investors welcomed its plans to merge with Betfair.

  • *Euro, yen seen benefiting from risk aversion longer term. LONDON, Aug 26- The dollar cut gains against the safe-haven yen and euro on Wednesday, as Chinese and European stock markets lost ground despite China's easing measures, with most investors fretting over the outlook for the global economy. The euro briefly turned higher on the day, rising to $1.1515 in...

  • Fire suspends operations at Dublin Airport Wednesday, 26 Aug 2015 | 3:27 AM ET

    LONDON— Dublin Airport says that flight operations have been suspended because of serious fire in a hangar. Irish broadcaster RTE said some flights were being diverted to Shannon in western Ireland or Belfast in Northern Ireland. Dublin Airport said the fire was in a restricted area which is separate from passenger facilities.

  • MELBOURNE, Aug 25- BHP Billiton promised to keep its dividends even as it reported its worst underlying profit in a decade on Tuesday, hurt by plunging iron ore, copper, coal and oil prices. BHP and its peers have been hit after they hiked output of iron ore, copper and coal just as demand growth slowed in China, the top global metals consumer, and have been slashing costs...

  • The greenback is still seen as a refuge for those with the closest links to China such as companies and investors operating in Australian, Canadian, and New Zealand dollars as well as a slew of emerging market currencies. First, an accelerating economic slowdown in China and the resulting volatility in global markets have lowered expectations for a Federal...

  • British ingredients firm Tate& Lyle makes sucralose and sells it to J&J, which in turn markets it worldwide under the Splenda brand in familiar yellow packages used in homes and in restaurants. Tate& Lyle also makes sucralose used in beverages and other retail products, unrelated to the company's long-standing relationship with J&J and Splenda.

  • *China cuts interest rates, helping global stock market rebound. NEW YORK, Aug 25- Oil rose as much as 3 percent on Tuesday as oversold conditions brought some buyers back to the market, but a lingering supply glut and worries about the slowing economy in top commodities consumer China kept crude prices near 6-1/ 2- year lows. "Forty dollars a barrel is not sustainable...

  • *European, U.S. stocks rally after China cuts rates. NEW YORK/ LONDON, Aug 25- Gold fell more than 1 percent on Tuesday after an interest rate cut from China helped global markets rebound from the previous day's rout, with stocks rallying and the dollar also gaining, while palladium sank more than 7 percent to a five-year low. Palladium saw the steepest losses by far in...

  • UPDATE 10-Oil rebounds but still near 6-1/2-year lows Tuesday, 25 Aug 2015 | 12:10 PM ET

    *China cuts interest rates, helping global stock market rebound. NEW YORK, Aug 25- Oil rose more than 3 percent on Tuesday as oversold conditions brought some buyers back to the market, but a lingering supply glut and worries about the slowing economy in top commodities consumer China kept crude prices near 6-1/ 2- year lows. China cut interest rates on Tuesday and...

  • Europe blue-chip shares on the cheap? Think again Tuesday, 25 Aug 2015 | 11:49 AM ET

    *Credit Suisse recommends telecoms over consumer goods. LONDON, Aug 25- Stock markets are rebounding after a bruising 48- hour sell-off. But with China still battling to revive its slowing economy, Europe's "screaming buys" come with risks.

  • NEW YORK, Aug 25- The dollar jumped one percent against a basket of major currencies on Tuesday and recovered from seven-month lows against the safe-haven yen and euro as riskier assets got a boost from an interest rate cut by the Chinese central bank. The People's Bank of China said it was lowering the one-year benchmark bank lending rate by 25 basis points to 4.6...

  • BEIJING— China's slump is shaking the world economy, turning a country long seen as a growth engine into a possible threat. The party's plans call for keeping economic growth close to 7 percent this year while China shifts from reliance on trade and investment to more self-sustaining growth based on domestic consumption. "There are pockets of extreme weakness...

  • BRUSSELS, Aug 25- European Union antitrust authorities are investigating possible anti-competitive practices in precious metals trading as they joined other regulators in a crackdown on possible rigging of the markets. The EEA refers to the 28- country European Union, plus Iceland, Liechtenstein and Norway. "In April 2015, the European Commission issued a...

  • *China stock indexes fell more than 7 pct before cut. BEIJING, Aug 25- China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stumbling economy and a plunging stock market that has sent shockwaves around the globe. Global shares, bond yields and oil prices all...

  • LONDON, Aug 25- Gold fell on Tuesday as global markets rebounded from the previous day's rout after China cut interest rates to stimulate its wavering economy, with European stocks rising 4.5 percent and the dollar up 1 percent versus the euro. Gold had edged lower on Monday, with some traders citing liquidation to cover losses on other markets, but largely held...

  • European shares up 4 pct after China rate cut Tuesday, 25 Aug 2015 | 7:56 AM ET

    *Syngenta surges on sign of sweetened Monsanto offer. LONDON, Aug 25- European shares rose more than 4 percent on Tuesday, on track for their best one-day gain since late 2011, with a rate cut from China providing added juice to a recovery from a bruising 48- hour sell-off. China's woes have led to fears of fresh deflationary pressures around the world and the...

  • Aug 25- U.S. stock index futures rose sharply on Tuesday in anticipation of bargain hunting a day after Wall Street turned in its worst performance in four years and as China cut interest rates for the second time in two months. *All three major Wall Street indexes fell into correction mode over the past two trading days. *Oil price were up more than 3 percent, bouncing...

  • Aug 25- Chilean copper miner Antofagasta Plc is targeting savings of about $160 million this year and said its capital spending will probably be below forecast, as sliding metal prices hit its first-half earnings. Like its peers, London- listed Antofagasta is battling a slide in commodity prices driven by slowing growth in China, the world's top consumer of...