TOP STORIES 
 
MIXED JOBS REPORT SETS FED UP FOR CLOSE RATE CALL 

U.S. employment growth slowed in August but the jobless rate fell to the lowest level since 2008, a mixed labor-market reading less than two weeks before a crucial Federal Reserve meeting.

STOCKS LOWER AFTER JOBS REPORT 

U.S. stocks fell Friday following a jobs report that many investors saw as strong enough for the Fed to possibly raise rates this month.

G-20 INCREASINGLY CONCERNED ABOUT SLOWING CHINESE ECONOMY 

China's market routs and a string of weak data are fueling concern among Group of 20 officials that a slowing Chinese economy could fuel further market instability and push global growth deeper into a long-term rut.

RICHMOND FED'S LACKER: CASE FOR RATE INCREASE STRONG 

The case for the Federal Reserve to raise short-term interest rates this month is strong, Federal Reserve Bank of Richmond President Jeffrey Lacker said, though he also said he had not decided whether to support the U.S. central bank's first rate increase in nearly a decade.

BLACKBERRY TO BUY GOOD TECHNOLOGY FOR $425 MILLION 

BlackBerry said Friday it would buy closely held Good Technology for $425 million, in a move to further bolster the Canadian company's efforts to sell mobile security software to government and corporate customers.

ALIBABA'S JACK MA, JOE TSAI TO BORROW $2 BILLION AGAINST SHARES 

Chinese e-commerce giant's chairman and vice chairman, Jack Ma and Joe Tsai, are planning to borrow more than $2 billion by using their shares in the company as collateral.

JAPANESE BANKS EYE GE'S LOCAL COMMERCIAL FINANCE OPERATIONS 

Some of Japan's biggest banks were among bidders for General Electric Co.'s Japanese commercial finance business, which is expected to fetch several billion dollars.

CANADA'S TOP COURT RULES IN FAVOR OF ECUADOR VILLAGERS IN CHEVRON CASE 

In a boost to Ecuadorean villagers' long-running bid to enforce a $9.5 billion judgment against Chevron Corp., the highest court in Canada ruled that villagers can move forward with an effort to seize assets tied to the oil company.

U.S. PROSECUTORS CITE 'SPOOFING' SOFTWARE ALLEGEDLY USED BY U.K. TRADER 

U.K. trader Navinder Sarao, who faces a U.S. extradition hearing later this month, allegedly worked with a customized version of software known as the "matrix" in a deliberate attempt to "spoof" markets, according to a U.S. court filing.

MIGRANT CHAOS GROWS IN HUNGARY 

Hundreds of fed-up migrants began walking along a highway toward Austria and a migrant died amid a standoff at a suburban train station near a refugee camp, as Hungary appeared increasingly overwhelmed in its efforts to keep a firm grip on thousands hoping to reach Western Europe.

U.K. REGULATOR WARNS COMMODITY FIRMS OVER MARKET ABUSE 

The U.K.'s financial regulator said firms that trade commodities have learned little from recent high profile cases of market abuse and are failing to adequately monitor the risks of such abuse.

CHINESE NAVY SHIPS PASSED THROUGH U.S. WATERS 

The Pentagon said that five Chinese navy ships operating off Alaska entered U.S. territorial waters, but they complied with international law.

CANADA ADDS JOBS IN AUGUST 

Canada's economy created more jobs than expected in August but the unemployment rate increased as more people searched for work.

GVC WINS RACE TO ACQUIRE BWIN.PARTY 

Sports betting and online gambling operator GVC Holdings PLC said it had clinched a deal to buy Bwin.party Digital Entertainment PLC after beating an offer from online gambling peer 888 Holdings PLC.

BASF, GAZPROM RENEW ABANDONED ASSET-SWAP PLAN 

Germany's BASF and Russia's Gazprom will complete an asset-swap deal signed in December 2013 but called off late last year amid mounting political tensions between Russia and the West.

ONGC VIDESH BUYS 15% STAKE IN ROSNEFT BLOCK 

India's ONGC Videsh Ltd. said Friday it will pay up to $1.3 billion to buy a stake in an oil-and-gas block of Russian state-run oil company Rosneft.

UTI WORLDWIDE LOWERS PROJECTIONS AFTER STEEPER LOSS 

Company says declining volume and revenue in global freight forwarding the result of 'global macroeconomic slowdown.'

INDIA'S CIPLA TO BUY TWO U.S. FIRMS FOR $550 MILLION 

Indian generic drugs major Cipla said it has agreed to buy two U.S. generic drug makers for $550 million in cash to scale up its drug offerings to American patients.

NOWOTNY: EUROZONE BUDGET FLEXIBILITY SHOULD BE ALLOWED 

Eurozone governments should be permitted some flexibility under the European Union's budget rules to help buffer the economic slowdown caused by uncertainty in emerging markets, the governor of Austria's central bank said.

TOP DEMOCRAT ON SENATE FOREIGN RELATIONS PANEL OPPOSES IRAN DEAL 

Sen. Ben Cardin of Maryland, the top Democrat on the Senate Foreign Relations Committee, said he would oppose the Iran nuclear accord.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Central Banks 
HILSENRATH ANALYSIS: JOBS REPORT CREATES CLIFFHANGER FOR FED 
 

Friday's mixed jobs report-with a slowdown in payroll growth but a larger-than-expected drop in the national jobless rate-leaves the Federal Reserve with a challenging decision at its Sept. 16-17 policy meeting.

 
Heard on the Street 
THE JOBS REPORT AND STOCKS: WHAT'S NOT TO HATE? 
 

Friday's jobs numbers didn't provide a clear win for either hawks or doves. It did offer stocks the worst of both worlds.

 
 
 

(END) Dow Jones Newswires

September 04, 2015 13:08 ET (17:08 GMT)

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