Business

Photo

Europe shares set to follow Asian losses as China PMIs stoke growth fears

TOKYO - Asian shares extended losses on Tuesday and European markets look set to follow after twin surveys showed China's manufacturing sector in the grip of its worst slump in several years, raising fresh fears about the health of its economy.

Recent Business News

Big Rail's little cousins find boon in U.S. oil-by-rail bust

OLEAN, New York - Amid the rolling mountains surrounding this quiet town in southwest New York state, tucked away on miles-long stretches of underused rail tracks, hundreds of idle oil tank cars attest to the extent of fallout from oil's rout.

1:08am EDT

Spain is best example that Europe is doing things right: Schaeuble

BERLIN - German Finance Minister Wolfgang Schaeuble said on Tuesday that Spain's economic development showed that the euro zone was tackling its crisis well.

3:42am EDT

Weak China August factory, services point to further economic slowdown

BEIJING/SHANGHAI - Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, increasing investors' fears that the world's second-largest economy may be lurching toward a hard landing.

1:55am EDT

Chipotle sued over GMO-free menu claims

- Chipotle Mexican Grill Inc's new GMO-free menu claims have lured diners and boosted the burrito chain's stock price, but it has some consumers crying foul.

Mexico, Health 31 Aug 2015

Nerves on edge as Chinese authorities probe market mayhem

BEIJING/LONDON - The head of hedge fund manager Man Group Plc's China business has been taken into custody to help authorities in a probe into recent market volatility, Bloomberg reported on Monday, while separately a local financial reporter confessed on national TV to having spread false information that caused "panic and disorder".

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary