MARKETS / FINANCE

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Weakening Hurricane Earl swipes U.S. east

Hurricane Earl slapped North Carolina's coast with heavy wind and surf on Friday and then weakened as it swirled up the U.S. eastern seaboard towards New England and Canada as a much tamer storm than feared.

Google settles Buzz privacy lawsuit

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Google Inc has settled a lawsuit accusing it of privacy violations in connection with its Buzz social networking service, according to a court document filed on Friday.

Global stocks, dollar rise on signs recovery on track

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Stocks jumped and commodities rallied on Friday after data showed U.S. job losses were less than expected in August, the second major report this week to ease fears the American economy may slip back into recession.
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Poised for a risk rally?

With little fanfare, equity markets have started to rally, investors have become sated with government bonds and cash levels are high enough to prompt a search for better yield.
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S&P 500 rides wave of optimism to best week in eight

The broad S&P 500 index closed its best week in eight on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.
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U.S. jobs data lifts FTSE to 4-month closing high

Britain's leading share index hit a near four-month closing high on Friday after a better-than-expected U.S. jobs report eased concerns of the world's largest economy slipping back to another recession.
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Stocks set for best week in six as fear eases

Wall Street was set to close its best week in six on Friday after economic data, including a stronger-than-expected labor market report, helped soothe fears the economy could fall back into recession.
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Europe shares finish higher on U.S. employment data

European shares hit a three-week closing high on Friday and posted their biggest weekly gain in about 8 weeks as investors grabbed equities after figures showed that U.S. employment declined far less than expected in August.
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Hurricane Earl swipes U.S. east but no big hit

Hurricane Earl slapped North Carolina's coast with rain, winds and heavy surf on Friday and swirled up the U.S. eastern seaboard towards New England and Canada as a much tamer storm than feared.
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Stocks, dollar gain after U.S. jobs data

Stocks jumped and the dollar rallied on Friday after data showed U.S. job losses were less than expected in August, the second major report this week to ease fears the economy would slip back into recession.
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How to Protect Your Resume From Identity Theft

It's pretty sad that in recent years resumes have become more and more popular as vehicles for stealing personal identities. It sort of makes sense when you think about it because resumes contain some pretty vital personal information.
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Hurricane Earl swipes U.S. east, but no big hit

Hurricane Earl slapped North Carolina's coast with rain, winds and heavy surf on Friday and swirled up the U.S. eastern seaboard towards New England and Canada as a weakened but still potent storm.
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Payrolls fall less than expected in August

U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
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China orders state firms to explore Potash bid

Chinese officials have ordered state-owned companies to meet with investment bankers to explore potential options to block BHP Billiton's $39 billion (25 billion pounds) bid for Canada's Potash Corp , according to a source with direct knowledge of the matter.
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Upbeat U.S. jobs report boosts world stocks

World stocks jumped on Friday while the low-yielding yen and government bonds tumbled after a closely-watched U.S. jobs report showed a smaller-than-expected decline in non-farm payrolls.
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Suicide blast rips through Pakistan city, 43 dead

A suicide bomber struck a rally in the Pakistani city of Quetta on Friday, killing up to 43 people in the second major attack this week, piling pressure on a government struggling with a flood crisis.
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White House: August jobs report reassuring

The White House on Friday greeted a better than expected August employment report as reassuring news after a recent spate of unsettling economic data, and reiterated it was working with Congress to take additional steps to boost U.S. growth and hiring.
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Wall St climbs as jobs data spurs risk appetite

Wall Street advanced for a third day on Friday as the monthly payrolls data showed the U.S. economy may be in better shape than investors had thought and helped whet some investor appetite for risk.
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Non-manufacturing sector slows in August: ISM

The U.S. non-manufacturing sector grew in August for an eighth straight month but at a slower pace than July and at a rate that was below expectations, according to an industry report released on Friday.
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Suicide blast rips through Pakistan city, 22 dead

A suicide bomber struck a rally in the Pakistani city of Quetta on Friday, killing at least 22 people in the second major attack this week, piling pressure on a government struggling with a flood crisis.
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Private hiring surprises with 67,000 new jobs

U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
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Blast rips through rally in Pakistan, 22 dead

A blast ripped through a rally in the Pakistani city of Quetta on Friday, killing at least 22 people, the second major attack this week, piling pressure on the civilian government struggling with a flood crisis.
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Upbeat jobs report boosts world stocks

World stocks jumped on Friday while the low-yielding yen and government bonds tumbled after a closely-watched U.S. jobs report showed a smaller-than-expected decline in non-farm payrolls.
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Bonds fall sharply on Aug payrolls report

U.S. Treasuries prices fell sharply on Friday after the government reported that the U.S. private sector added 67,000 jobs, a surprisingly large number, to payrolls in August.
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FTSE hit more than 3-week high before US jobs data

Britain's leading share index hit a more than three-week high on Friday as the market looks beyond a weak employment picture in the United States after factoring in a soft patch in the pace of the economic recovery.
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Wall St rises after payrolls data

Wall Street advanced on Friday after a better-than-expected jobs report lifted investor optimism on the economy but gains were checked after data showed services sector activity slowed.
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August services PMI falls to 16-month low

British service sector activity grew last month at its slowest pace since April 2009, with a marked fall in hiring as employers worried about an economic slowdown and public spending cuts, a survey showed on Friday.

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