Author Archives: Syndicated Content
US futures extend gains after July nonfarm payrolls data
Aug 7 (Reuters) - U.S. stock index futures extended gains on Friday after data showed the U.S. economy unexpectedly shed jobs in July, dampening expectations of an interest-rate hike in September. A L...
14h ago
US suffers unexpected job losses in July, markets dial back rate hike expectations
By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and previously reported job gains for the prior two months were revised sharply lower, tempering financi...
14h ago
Canada posts monster jobs gain in July, unemployment rate hits two-year low
By David Ljunggren OTTAWA, Aug 7 (Reuters) - Canada's economy added far more jobs in July than expected and the unemployment rate dropped to a two-year low, data showed on Friday, in another sign the ...
14h ago
Airbnb hits four-year high as investors cheer revenue forecast raise, AI payoff
By Anshuman Tripathy Aug 7 (Reuters) - Airbnb shares surged 14% to a more-than-four-year high on Friday as the vacation-rental firm's raised annual revenue forecast eased worries over the fallout on g...
14h ago
Spain hopes to transfer migrant minors to mainland within weeks
MADRID, Aug 7 (Reuters) - Spain's leftist government expects to transfer some migrant minors from overcrowded reception centres in the North African enclave of Ceuta to the mainland within weeks, alle...
14h ago
Hungary expects Danube to rise but nuclear plant still facing output curbs
BUDAPEST, Aug 7 (Reuters) - The nuclear plant that supplies nearly half of Hungary's electricity will likely continue running at reduced capacity despite a rise in water levels on the Danube river whi...
14h ago
Volkswagen to overhaul US strategy with planned pick-up truck, source says
By Christina Amann BERLIN, Aug 7 (Reuters) - German auto group Volkswagen plans to overhaul its U.S. strategy with new management and a revised product offering, including a new pickup truck, a compan...
14h ago
Debt burden grows for German suppliers in embattled auto sector, study shows
BERLIN, Aug 7 (Reuters) - German auto suppliers are more indebted and spend more on interest than their international rivals as competition from China intensifies, according to excerpts from an upcomi...
14h ago
Three dead, 23 injured, in Sri Lanka prison riots as overcrowding strains jails
By Uditha Jayasinghe COLOMBO, Aug 7 - Three prisoners were killed and at least 23 others injured in two prison riots in Sri Lanka, a senior official said on Friday, as unrest continued across the isla...
15h ago
Heavy rains drench Beijing as China braces for Typhoon Dolphin
BEIJING, Aug 7 - Multiple districts in Beijing issued heavy rainfall warnings on Friday evening with authorities warning residents of disasters including floods in the city centre and also mudslides a...
15h ago
