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  • "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...

  • *Europe shares head for worst month in four years. *China worries, Fed outlook spook investors. LONDON, Aug 31- 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. interest rates.

  • Aug 31- Chinese authorities have taken Li Yifei, the chairwoman of Man Group Plc's China unit, unto custody to help with a police probe into market volatility, Bloomberg reported on Monday, citing a person familiar with the matter. Li's assistance with police inquiries does not mean she is facing charges or has done anything wrong, Bloomberg said.

  • Aug 31- As a marriage counselor years ago, Neil Clark Warren saw first-hand how incompatibility led to unhappy matches. The market is dominated by Barry Diller's IAC/InterActiveCorp, owner of Match.com as well as other sites for the lovelorn. Los Angeles- based EHarmony plans to launch its recruitment service- Elevated Careers- in 2016, and expects the business...

  • Blue Bell Creameries has resumed selling ice cream four months after the Texas- based retailer halted sales following listeria contamination. Production plants in Texas, Oklahoma and Alabama then underwent an extensive cleaning and decontamination, under the regulatory oversight of health officials. The first loads of ice cream are also being...

  • Aug 31- Two studies have identified a gene associated with potentially fatal abnormal heart rhythms, device maker Medtronic Plc said on Monday. A second study, called the' Oregon Sudden Unexpected Death', confirmed the finding in the general population, Medtronic said. "This research is vital to helping us better understand why some patients are at higher risk of...

  • COLUMBUS, Ohio— More than $18.7 million in federal funding to help small businesses has been awarded to Ohio. The program's most recent quarterly report shows Ohio has deployed more than $33 million in initiative funds. Through 2014, Ohio business owners reported the program would help them create or retain nearly 7,000 jobs.

  • KAILUA-KONA, Hawaii— Greg Colden, a farmer on Hawaii's Big Island, said he is most worried about the damage that more rain and sustained winds could do to the area as Hurricane Ignacio passes by this week. He is one of the owners of Kona Natural Soap Co. in Holualoa, upslope of Kona Village on the west side of the island, and has 450 coffee trees and 1,250 cacao trees.

  • NEW YORK— Shares of The Medicines Co. surged in premarket trading Monday after the company and its partner Alnylam Pharmaceuticals Inc. reported study results suggesting effectiveness for a potential cholesterol drug. Shares of Medicines jumped $5.98, or 17.8 percent, to $39.62 in premarket trading. Regeneron Pharmaceuticals Inc. and Sanofi sell...

  • ArcelorMittal said in a statement that trading conditions have continued to worsen since it started reviewing its long steel business in July, adding that the higher import duty will only bring relief over the medium to long term. ArcelorMittal said it had started discussions with unions about the closure of two mills, cutting as many as 400 jobs, at its plant in...

  • *Weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the door open for a rate hike next month. *U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to raise interest rates gradually, Fischer told CNBC at the global central banking conference in Jackson Hole, Wyoming. *Fischer's comments suggest...

  • ATHENS, Aug 31- Greece will not extend a short-selling ban on stocks that expires on Aug. 31, an official at the country's securities regulator told Reuters on Monday. The ban went into effect when Athens imposed capital controls on June 29 and was extended until the end of August. Trading on the Athens bourse was suspended in late June for five weeks as part of...

  • AVID LIFE MEDIA SAYS "PAST WEEK ALONE, HUNDREDS OF THOUSANDS OF NEW USERS SIGNED UP FOR THE ASHLEY MADISON PLATFORM- INCLUDING 87,596 WOMEN".

  • AVID LIFE MEDIA SAYS ASHLEY MADISON CONTINUES ITS DAY-TO-DAY OPERATIONS.

  • Aug 31- Asterias Biotherapeutics Inc said initial data from a small study showed that its lead stem cell therapy could improve mobility in patients paralyzed by a spinal cord injury. Asterias bought OPC-1 in 2013 from the erstwhile stem cell research leader Geron Corp, which decided to focus on developing cancer drugs. Asterias is looking to show recovery of...

  • LISBON, Portugal— Economic news is continuing to give heart to Portugal's center-right government as it aims for re-election in October. The government is telling voters the country is back on track after a 78 billion euro bailout in 2011 brought three years of recession amid deep spending cuts. The National Statistics Institute reported Monday that the...

  • "Stable euro zone consumer price inflation in August eases pressure on the European Central Bank to consider increasing its stimulative efforts at its September policy meeting on Thursday, such as by front-loading more its QE programme," IHS Global Insight economist Howard Archer said. He expected no action from the ECB despite fears about China's economy...

  • *UK stock market closed for holiday. LONDON, Aug 31- European shares fell on Monday, with Germany's DAX and France's CAC on track for their weakest month for four years, hit by sliding Chinese stocks and prospects of a near-term U.S. interest rate increase. The euro zone's blue-chip Euro STOXX 50 index fell 0.8 percent going into the middle of the trading session,...

  • NEW YORK— More than 54,000 New York City youths landed summer jobs through the Summer Youth Employment Program this year. Department of Youth and Community Development Commissioner Bill Chong tells the Daily News it's the highest number in the program's 50- year history. Information from: Daily News, http://www.nydailynews.com.