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LONDON, Aug 19 (Reuters) - European equity futures fell on Wednesday, tracking similar declines on Asian and U.S. equity markets which lost ground on persistent concerns over China’s economy.
Futures on the euro zone’s blue-chip Euro STOXX 50 index declined by 0.9 percent, while futures on Germany’s DAX also fell 1 percent. Britain’s FTSE futures and France’s CAC futures fell by 0.7-0.8 percent.
Chinese stock markets tumbled for a second straight day on Wednesday on concerns that a government campaign to prop up share prices was faltering, while a stream of gloomy economic news added to nerves.
Trading volumes may be subdued as investors await the minutes of the U.S. Federal Reserve’s last meeting for clues on whether the U.S. central bank might raise interest rates next month. ------------------------------------------------------------------------------ > GLOBAL MARKETS-Asian shares struggle as China stocks extend fall > US STOCKS-Wal-Mart, materials shares drag Wall St lower > Nikkei falls to 3-week low as China share slump spooks investors > TREASURIES-Yields rise before Fed meeting minutes > FOREX-Sterling lifted by data, Aussie dips on China jitters > PRECIOUS-Gold marks time ahead of Fed minutes > METALS-LME copper clings to $5,000 as China demand worries reverberate
> Oil prices fall again as lower demand U.S. season looms
Electronic cigarettes are around 95 percent less harmful than tobacco and should be promoted as a tool to help smokers quit, a study by an agency of Britain’s Department of Health said on Wednesday.
Danish brewer Carlsberg’s second-quarter operating profit before special items fell 18.9 percent to 2.92 billion crowns ($432 million), lagging a forecast of a 3.24 billion crowns seen in a Reuters poll.
Swedish food retailer Ica posted a rise in second-quarter core operating profit slightly below with expectations on Wednesday.
Imperial Tobacco said it was on track to deliver on its full-year targets.
Germany’s K+S signed a supply deal for potash fertiliser from its Legacy mine in Canada, saying the agreement strengthened its position as an independent supplier as it battles an unwanted takeover bid from Canada’s Potash .
Second-quarter profit at Austria’s Raiffeisen Bank International rose to 204 million euros ($225.4 million), easily beating the average estimate in a Reuters poll of analysts.
Swiss group Syngenta plans to divest its premium flowers seeds business from its Lawn and Garden operating unit, it said on Wednesday.
Reporting by Sudip Kar-Gupta