Renewed fears over growth in China have hit European markets, with the main indexes falling sharply in early trade. Germany's Dax tumbled by 3% to 9,948.59, while France's Cac-40 fell 2.8% to 4,519.23 and the UK's FTSE was off by 2.7% at 6,080.20.
0725 GMT-- London's FTSE 100 is 1.1% lower at 6177 in early trade, pressured by fresh concerns over China, following some disappointing manufacturing data.
Growth in the UK's manufacturing sector slowed slightly in August, a survey has suggested. The UK manufacturing purchasing managers' index (PMI) fell to 51.5 in the month, down from 51.9 in July.
Online gambling company 888 has upped the stakes in its �1bn takeover battle with GVC by raising its bid for Bwin.Party. Bwin, which offers poker, bingo and sports betting online, revealed on Tuesday that 888 had made a revised takeover proposal and ...
ECONOMIC growth picked up pace in the three months to August, new survey data suggests, despite a weak global economy weighing on exports.