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  • *China eased capital rules for foreign property investments. HONG KONG/ LONDON Sept 2- For foreign investors, Beijing's decision to make it easier for them to invest in Chinese real estate is on the right track but has come at the wrong time. "Potential foreign buyers will likely be concerned about the subdued China economic outlook and a softish renminbi," said...

  • LONDON, Sept 1- Novartis and Amgen are joining forces in the hunt for an Alzheimer's treatment, in the latest sign that drugmakers believe an effective therapy for the memory-robbing disease may be within reach. Swiss-based Novartis said on Tuesday the alliance was part of a drive to build up its portfolio in neuroscience, following other deals this summer that...

  • *Soybeans fall 1.5 percent, corn down 1.9 percent. CHICAGO, Sept 1- Chicago Board of Trade corn and soybean futures fell sharply on Tuesday on concerns that commodity purchases from China will slow as that country's economy softens, traders said. Soybeans snapped a three-session winning streak.

  • *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...

  • LONDON, Sept 1- Germany, France and Britain are seeking amendments to new EU rules that aim to increase transparency in bond trading, arguing that the current proposals could have negative unintended consequences for investors and markets. In a joint letter to the European Commission, seen by Reuters on Tuesday, the three countries said the rule changes now...

  • LONDON, Sept 1- An OPEC publication written by the exporter group's public relations team helped oil prices jump and prompted speculation over a possible shift in output policy- to the bafflement of some OPEC insiders. The commentary on Monday in the OPEC Bulletin, a magazine issued by OPEC's Vienna headquarters, said downward pressure on prices due to higher...

  • *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.

  • *Corn also eases, wheat steadies after 3- month low. Corn gave up 0.7 percent to $3.72-1/ 2 a bushel and wheat added 0.4 percent at $4.86-3/ 4 a bushel. Share prices in Asia and Europe fell while commodity markets also slid as concerns about China were reignited by surveys showing its manufacturing sector shrinking at the fastest pace in three years and its services...

  • *In 2016, Brent seen averaging $62.30, U.S. crude $57.00. Benchmark North Sea Brent crude is likely to average $62.30 a barrel in 2016, up from an average so far this year of around $57.60, the monthly survey of 30 analysts said. But analysts say much lower oil prices over the last few months have stimulated more demand for fuel in many parts of the world, particularly...

  • 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.

  • TOKYO, Sept 1- The number of Japanese nuclear reactors likely to restart in the next few years has halved, hit by legal challenges and worries about meeting tougher safety standards imposed in the wake of the Fukushima disaster, a Reuters analysis shows. The findings are based on reactor inspection data from industry watchdog the Nuclear Regulation Authority,...