World
European markets climb higher after U.S. jobs report; Maersk down 5%
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. Staff | Reuters LONDON — European stocks climbed higher Friday after the latest U.S. jobs report soared past expectations. The pan-European Stoxx 600 was up 0.4% […]
Read More
U.S. job creation totaled 254,000 in September, much better than expected
The U.S. economy added far more jobs than expected in September, pointing to a vital employment picture as the unemployment rate edged lower, the Labor Department reported Friday. Nonfarm payrolls surged by 254,000 for the month, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast. The unemployment rate […]
Read More
Why oil prices haven’t skyrocketed on Middle East supply fears — yet
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. Fatemeh Bahrami | Anadolu | Getty Images Oil prices have jumped more than $5 a barrel since the […]
Read More
European Union votes to impose tariffs on Chinese electric vehicles
Employees work on an electric vehicle (EV) production line at the Leapmotor factory in Jinhua, China’s eastern Zhejiang province on September 18, 2024. Adek Berry | Afp | Getty Images The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). “Today, the European Commission’s proposal to impose definitive countervailing […]
Read MoreSatellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
A general view of the Port of Kharg Island Oil Terminal in Iran on March 12, 2017. Fatemeh Bahrami | Anadolu Agency | Getty Images Satellite imagery revealed a number of oil tankers vacating the waters around Iran’s key Kharg Island oil loading terminal, amid fears of an Israeli counterattack on Tehran’s energy infrastructure. “The […]
Read More
Britain’s defense sector vies for stretched government funding on path to 2.5%
Labour leader Sir Keir Starmer speaks to military personnel during a visit to a RAF base in Oxfordshire to meet troops and thank them for their service ahead of Armed Forces Day on Saturday 24 June. Stefan Rousseau | Pa Images | Getty Images Liverpool, ENGLAND — British defense officials are vying to secure more […]
Read More
Stock futures are little changed as Wall Street awaits September jobs report: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on October 03, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were flat early Friday as traders looked ahead to the widely anticipated release of September’s jobs report on Friday morning. Futures tied to the […]
Read MoreSingapore court charges property billionaire Ong Beng Seng over scandal involving former minister
Billionaire hotelier Ong Beng Seng attends a news conference in Singapore May 11, 2007. SINGAPORE — Singapore on Friday charged property billionaire Ong Beng Seng on two counts relating to the obstruction of justice and abetment, according to local media, in a case involving a former government minister. Ong, a Singapore-based Malaysian businessman, is the […]
Read More
Japan PM Shigeru Ishiba asks ministers to craft economic relief package to cushion inflation impact
TOKYO, JAPAN – OCTOBER 1: Japan’s new Prime Minister Shigeru Ishiba attends a press conference at the prime minister’s office on October 1, 2024 in Tokyo, Japan. Yuichi Yamazaki | Getty Images News | Getty Images Japanese Prime Minister Shigeru Ishiba said he has asked ministers to formulate an economic relief package to ease the […]
Read More
Starlink to end the days of spotty Wi-Fi on planes, says Air New Zealand CEO
The days of spotty — or worse, no — Wi-Fi on airplanes are numbered, said Air New Zealand CEO Greg Foran. Reliable and fast Wi-Fi will become “ubiquitous” on full-service carriers, he told “Squawk Box Asia” Friday. But not just any Wi-Fi will do. As airlines race to entice passengers with fast — and ideally free […]
Read More