WASHINGTON: The US job market faltered in September and hiring in prior months was slower than thought, the Labor Department said in a report pointing to a slowing economy.
LONDON: Gold jumped 2 percent on Friday after US payrolls data came in much weaker than expected, denting expectations that the US Federal Reserve will push ahead with its first interest rate rise in
TARKWA, Ghana: In the boom times when the price of gold was soaring, Ebenezer Sam-Onuawonto had a dream job and a dollar salary many times the national average in this mining town in southwestern Ghan
PARIS: Air France was drawing up plans for thousands of new job cuts and bracing for fresh labor conflict on Friday after a deadline passed for getting an agreement with pilots on proposed productivit
BERLIN/BRUSSELS: Volkswagen is under pressure to give details within the next week of its plan to refit up to 11 million diesel vehicles, with its US chief due to testify to lawmakers on Thursday and
FRANKFURT: New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe’s top economy, rose in September, data showed, amid fears the Volkswagen pollution-c
KUWAIT CITY: Kuwait will invite private investors, including foreigners, to take part over the next two years in nine infrastructure projects worth about $36 billion, under a new law designed to facil
SYDNEY: Factories in Asia cut more jobs and throttled back output in September as domestic and export demand shrivelled, adding to fears that cooling growth in China and emerging markets will jeopardi
DUBAI: Middle East fund managers favor UAE stock markets over other bourses by a large margin as the region struggles with low oil prices and an unstable global environment, a monthly Reuters survey s
DUBAI: Net earnings of Gulf banks are expected to slide as government spending slows due to a dive in oil revenues, the Standard and Poor’s ratings agency said.
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