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Ex-Rabobank traders seek dismissal of U.S. charges over Libor scheme

NEW YORK, Aug 27- Two former Rabobank traders urged a U.S. judge on Thursday to dismiss an indictment accusing them of engaging in a scheme to manipulate Libor, the benchmark interest rate at the center of a global investigation into misconduct at several banks. Lawyers for Anthony Allen and Anthony Conti told a Manhattan federal judge that prosecutors could not...
Source: Reuters | By: Nate Raymond
Bad news for Chanel, Gucci as China's boom times end

Boom times for luxury in China are largely over after the recent stock market rout and currency devaluation, the New York Times reports.
Source: The New York Times | By: Hiroko Tabuchi and Amie Tsang
China rate cut, data surprises send euro zone yields rocketing

*China offers overdue support, analysts expect more. LONDON, Aug 25- Euro zone bond yields shot higher on Tuesday after a brace of solid economic releases in Europe and the U.S, and a rate cut in China which quelled angst over a slowdown in the world's second largest economy. Data showing a rise in German business morale and rebounding U.S. consumer confidence both...
Source: Reuters | By: Marius Zaharia and John Geddie
European markets close: Germany bounces back  

CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Germany bouncing out of bad territory.
Source: CNBC.com
European shares up 4 pct after China rate cut

*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...
Source: Reuters | By: Sudip Kar-Gupta
Market turmoil: Is China to blame?  

Philip Shaw, chief economist at Investec, discusses "Black Monday" and China's impact in financial markets.
Source: CNBC.com
Correction: Supermarket Knife Attack story

SACO, Maine- In a story Aug. 19 about the stabbing death of a woman at a Maine supermarket, The Associated Press, relying on information from police, reported erroneously the gender of the suspect. Woman dies after stabbing at Shaw's supermarket in Maine. SACO, Maine- Police say a woman has been killed in a knife attack at a supermarket in southern Maine.
Source: The Associated Press
Mental health evaluation disputed in supermarket stabbing

ALFRED, Maine- Prosecutors and defense attorneys disagreed about a mental health evaluation for a man charged with fatally stabbing a woman in a supermarket during his first appearance in court on Friday. MacCalister fatally stabbed Boudreau with a knife at a Shaw's supermarket in Saco during a random attack on Wednesday, police have said.
Source: The Associated Press
Amazon pushes 'purposeful Darwinism' on workers

Amazon is experimenting with how far it can push white-collar workers, to get them to achieve its ever-expanding ambitions, The NY Times reports.
Source: The New York Times | By: Jodi Kantor and David Streitfeld
UPDATE 1-Lower bonuses hit UK wage growth, jobless rate steady

LONDON, Aug 12- British wage growth fell to a three-month low in June and rapid gains in employment seen over the past couple of years ground to a halt, official figures showed Wednesday, reinforcing the view that the Bank of England is in no rush to raise interest rates. Headline annual earnings growth fell sharply to 2.4 percent in the three months to June from 3.2...
Source: Reuters | By: Ana Nicolaci da Costa and David Milliken