UPDATE 1-London's FTSE 100 falls over 1% amid global stock slump For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Investment banking, personal goods sectors lead declines US labor growth misses expectations; unemployment rate rises FTSE 100 down 1.3%, FTSE 250 off 3.0% Updated at 1540 GMT By Purvi Agarwal and Shubham Batra Aug 2 (Reuters) - London stocks rounded the week off with heavy losses amid a global risk-off mood after a weak U.S.

Italy - Factors to watch on August 2 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY Italy posted a state sector budget surplus of 2.4 billion euros ($2.59 billion) in July compared to a surplus of 15.83 billion euros in the same month last year, Treasury data showed on Thursday.

Ferragamo's operating profit drops 41% in first half MILAN, Aug 1 (Reuters) - Operating profit at Salvatore Ferragamo SFER.MI declined 41% in the first half of the year, as revenues slowed down in all the main regions, the luxury group said on Thursday. Earnings before interest and tax (EBIT) came in at 28 million euros ($30.2 million) in the first half, beating analysts expectations of a drop to 20 million euros, according to a consensus cited by Italian broker Equita.

BRIEF-Ferragamo H1 EBIT EUR 28 Mln Aug 1 (Reuters) - Salvatore Ferragamo SpA SFER.MI : Q2 REVENUE EUR 296 MILLION H1 EBIT EUR 28 MILLION H1 NET PROFIT EUR 5.7 MILLION Further company coverage: SFER.MI (Gdansk Newsroom)

Italy - Factors to watch on August 1 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY July PMI manufacturing HCOB data (0745 GMT). ISTAT releases June unemployment rate date (0800 GMT).

Italy - Factors to watch on August 1 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY July PMI manufacturing HCOB data (0745 GMT). ISTAT releases June unemployment rate date (0800 GMT).

ANALYSIS-So far, global earnings are just good enough to feel disappointing Many firms deliver in-line results, fail to extend market rally Companies cut guidance due to weakness in China and high interest rates Tech sector turns more upbeat, retailers grow more pessimistic Slowdown in US auto market hits many global automakers Adds Diageo in paragraph 2 and graphic By Medha Singh July 30 (Reuters) - Companies worldwide are lowering full-year sales and profit guidance as higher interest rates an

ANALYSIS-So far, global earnings are just good enough to feel disappointing Many firms deliver in-line results, fail to extend market rally Companies cut guidance due to weakness in China and high interest rates Tech sector turns more upbeat, retailers grow more pessimistic Slowdown in US auto market hits many global automakers By Medha Singh July 30 (Reuters) - Companies worldwide are lowering full-year sales and profit guidance as higher interest rates and weakness in China's economy hurt glob

REFILE-BUZZ-'No light at end of tunnel' - Kering slumps to 7-yr lows on H2 guidance slash Refiles to remove extraneous word in headline. ** Shares in Kering PRTP.PA plummet 8.6%, to its lowest price in 7 years, as the Gucci owner forecasts a 30% slump in H2 operating profit hit by weak demand in China ** Kering's Q2 sales fall 11% organically to 4.51 bln euros ($4.88 bln), more than the consensus expected (-9%), while H1 oper profit slumps 42% y/y ** "Another step backwards," Deutsche Bank says,

BUZZ-Luxury stocks sell off again as LVMH posts below-bar Q2 earnings Recasts with sector performance, adds peers, milestones, updates shares ** Expectations-missing Q2 results from luxury giant LVMH, a bellwether for the sector, weigh on peers , already under pressure after weak Burberry and Richemont prints ** LVMH results confirm "even best-in-c

BUZZ-European luxury stocks drop after China data, gloomy Swatch, Burberry releases Adds China's Q2 GDP, updates shares ** Shares of European luxury c ompanies slip after data showed China's economy, a key market for the sector, grew much slower than expected in Q2 * * Separately, the world's biggest watchmaker Swatch Group UHR.S reports steep fall

LIVE MARKETS-European stocks fall, luxury names slide STOXX 600 down 0.4% Burberry, Swatch results weigh on luxury names China growth slows Wall St futures edge up Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN STOCKS FALL, LUXURY NAMES SLIDE European equity markets are mostly lower on Monday, led by a slide in luxury names after disappointing trading updates from Burbe

Italy - Factors to watch on July 11 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT The Treasury will sell at auction on Thursday five BTP bonds for a total value of up to 8.5 billion euros.

Italy - Factors to watch on July 8 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Spanish far-right party Vox has quit Italian Prime Minister Giorgia Meloni's European Conservatives and Reformists (ECR) group in the European Parliament to join a new alliance led by Hungarian Prime Minister

BUZZ-Italy's Salvatore Ferragamo rises on GS upgrade, traders' short covering ** Shares of fashion group Salvatore Ferragamo SFER.MI rise 5.9% as Goldman Sachs upgrades to "neutral" from "sell" and on short covering by traders ** GS notes Ferragamo has underperformed YTD, falling 37% compared to a 5% decline in the sector, and therefore expects lim

EUROPE RESEARCH ROUNDUP-Air France-KLM, Shell, Watches of Switzerland June 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air France-KLM, Shell and Watches of Switzerland, on Friday. HIGHLIGHTS * Air France-KLM AIRF.PA : Barclays cuts to equal-weight from overweight * BP BP.L : Jefferies raises target price to 590p from 580p * Liontrust Asset Management Plc LIO.L : Peel Hunt cuts to hold from buy * Shell Plc SHEL.L : Jefferies