Glencore leads European share rebound, but China hits Asia
~!!~Trading is lighter than usual with U//S// markets closed for Labor Day, while investors across all asset classes continued to digest the implications of last week*s U//S// jobs data for the timing of the first U//S// interest rate hike since 2006//
~!!~At midday the FTSEuroFirst index of leading 300 shares was up 0//4 percent at 1,398 points and Britain*s mining~heavy FTSE 100 index was up 0//4 percent at 6,063 points//
~!!~Both indexes had been up well over 1 percent in earlier trading// Glencore shares rose as much as 12 percent after it said it will suspend dividends, sell assets and raise $2//5 billion in a new share issue as it aims to cut its debt to $20 billion by the end of next year//