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Job growth surpassed expectations in October, new data showed Friday, with the US economy adding 165,000 jobs. The unemployment rate fell to 4.1% from 4.2%, according to Bureau of Labor Statistics data. Job growth in the previous two months was stronger than initially reported, with a total of 84,000 jobs added: August was revised upwards … Read more
SYDNEY, Nov 5 (Reuters) – David Jones, Australia’s 188-year-old department store chain, entered voluntary administration on Thursday, as rising costs, sluggish retail sales and supply chain pressures weighed on its business. The retailer joins other Australian firms that have restructured, cut jobs or closed as they struggle with the impact of high fuel costs and … Read more
Inside the Republican Party, initial shock at the stunning election results on Tuesday night quickly gave way to anger with US President Donald Trump. After Democrats won upset after upset in deep-red states like Texas, Kansas and South Carolina, some Republicans focused their ire on Trump, arguing that his focus on his legacy and indifference … Read more
TOKYO, Nov 2 (Reuters) – AI lab Anthropic will sell up to 552.9 billion yen ($3.5 billion) worth of shares in Japan as part of its US public listing, a filing showed on Monday. ($1 = 157.8200 yen)
BRUSSELS, Nov 2 (Reuters) – Belgium’s King Philippe sought on Monday to defuse a political crisis after overnight budget talks collapsed, prompting Prime Minister Bart De Wever to offer his resignation. De Wever tendered his resignation during a 90-minute meeting with the king on Monday morning after coalition parties failed to break months of deadlock … Read more
Nov 1 (Reuters) – Binance, the world’s biggest cryptocurrency exchange, resumed bitcoin, ether and some stablecoin withdrawals on Sunday and said others would follow in phases, after it covered 95% of the $6.3 billion in tokens stolen from its platform. The heist, which the FBI has tied to North Korea and analysts believe may be … Read more
Oct 30 (Reuters) – The US State Department said on Friday it had approved the sale of 500 Patriot PAC-3 missiles to Ukraine for an estimated $2.1 billion, in what would be one of the most significant steps to supply defensive weapons to Kyiv since the start of the second Trump administration. Delayed missile deliveries … Read more
Oct 30 (Reuters) – Intel (INTC.O), opens new tab tumbled 29% on Friday and was on track for its sharpest one-day decline, deepening a broader retreat in technology stocks as investors grew increasingly wary of weakening PC demand and the vast spending required to build out AI infrastructure. The steep fall put the US chipmaker … Read more
COPENHAGEN, Oct 29 (Reuters) – Danske Bank (DANSKE.CO), opens new tab on Thursday reported a third-quarter net profit above estimates, citing solid customer activity and strong credit quality, and narrowed its full-year profit outlook to the upper end of its previously given range. ($1 = 6.6949 Danish crowns)
LONDON, Oct 28 (Reuters) – British finance minister John Healey on Wednesday set out the government’s latest tax and spending measures in his first budget, seeking to boost economic growth while maintaining control of the public finances.