Slower, But Still Strong U.S. Job Growth Expected In August
U.S. employers likely continued to hire workers at a strong clip in August while steadily raising wages, signs of persistent labor market strength that could encourage the Federal Reserve to deliver a third 75 basis point interest rate hike this month.
Dollar At Two-decade High As Payrolls Loom
The dollar was headed for a third weekly gain in a row and stood near its highest levels for decades on the euro and yen on Friday, with investors in little mood for selling ahead of U.S.
Family Could Sell Huge Texas Oil Tracts - Sources
A Texas family which owns 70,000 acres in the Permian basin is exploring options including a sale, putting up for grabs one of the largest family-owned tracts in the heart of U.S.
Oil Firms On Bets OPEC+ Will Talk Up Output Cuts To Stem Sinking Prices
Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept.
South Korea Inflation Eases But Underlying Pressures Persist
South Korea's main inflation rate slowed in August for the first time in seven months and came in below forecasts, but details of the price data released on Friday reinforced views inflation would stay elevated for a while.
Australia Raises Permanent Migration Numbers Amid Labour Squeeze
Australia will increase its permanent immigration numbers by 35,000 to 195,000 in the current financial year as it looks to shift its focus toward long-term migrants, bringing some relief for businesses battling widespread staff shortages.
N.Korea Denounces New U.N. Human Rights Expert As 'Biased'
North Korea's foreign ministry criticised a new United Nations human rights expert as "biased", saying the country will not tolerate what it called U.S.-led efforts to topple the isolated regime, state media KCNA reported on Friday.
RBA To Hike By Another Half-point In September, Slower Pace Of Tightening Ahead- Reuters Poll
Australia's central bank will raise the cash rate by another half-point on Tuesday to curb soaring inflation but will moderate the pace of hikes for the remainder of the year, a Reuters poll of economists found.
U.S. Capitol Riot Committee Seeks Information From Former Speaker Gingrich
The House committee investigating the Jan. 6 attack said it had asked former Republican House Speaker Newt Gingrich to provide information related to its probe.
Rising Energy Prices Could Fuel Social Unrest Across Europe This Winter
Europe's wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to high energy prices and mounting costs of living, according to a risk consultancy firm.
Amid US Retail Gloom, Uniqlo Shines On COVID-triggered Revamp
Just as inflation ravages the big guns of U.S. apparel retail, awash in high inventory and deep discounts to lure shoppers back to stores, Japan's Uniqlo is set for its best year ever in North America after a COVID-imposed revolution in its business model.
U.S. CDC Expert Panel Backs Use Of Redesigned Omicron COVID Boosters
Advisers to the U.S. Centers for Disease Control and Prevention on Thursday voted to recommend the use of COVID-19 booster shots redesigned to target the BA.4 and BA.5 Omicron subvariants of the coronavirus for people aged 12 years and older.
Korean Cosmetic Giant Amorepacific To Buy U.S. Luxury Skincare Brand Tata Harper
South Korea-based personal products maker Amorepacific Corp will buy Natural Alchemy LLC, which operates the luxury beauty brand Tata Harper, as part of a strategic push to tap into the growing North American market.
Yellen To Visit Detroit Next Week On Tour To Tout Biden Economic Agenda
U.S. Treasury Secretary Janet Yellen will launch a month-long speaking tour to tout President Joe Biden's recent legislative achievements, starting with a Sept.
Former NYPD Officer Gets 10 Years In Longest U.S. Capitol Attack Sentence
Former New York City police officer Thomas Webster, who assaulted police in the Jan.
Boom Turns To Gloom As Higher Interest Rates Hit New Zealand Housing- Reuters Poll
New Zealand's house prices are forecast to fall 10% this year and 5% next as aggressive interest rate hikes take some heat out of a blazing housing market, but not enough to solve the ongoing affordability crisis, a Reuters poll found.
U.S.-Russia Nuclear Weapons Inspections Must Resume Before New Arms Talks, Says U.S
U.S. President Joe Biden's administration said on Thursday it cannot hold talks with Moscow on a treaty to replace the last U.S.-Russian pact limiting strategic nuclear arms until inspections of the two countries' nuclear weapons sites, which are currently paused, resume.
Philips Subsidiary To Pay Over $24 Million For Alleged False Claims For Medical Equipment
A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resolve alleged false claims over respiratory-related medical equipment, the U.S.
Veterans Seeking Earplug Damages Sue To Block 3M Healthcare Spinoff
Two U.S. military veterans on Thursday sued 3M Co to block its planned spinoff of its healthcare business, which they called an illegal attempt to avoid compensating veterans for hearing damage caused by the company's military-issue earplugs.
Exxon, Shell Sell California Oil Joint Venture To Asset Manager IKAV
Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV, ending a 25-year-long partnership that was one of the largest oil producers in the state.
Angolan Opposition Seeks Annulment Of Aug. 24 Election - Lusa News Agency
Angola's main opposition party on Thursday filed a case with the constitutional court to seek the annulment of last week's election in which the ruling MPLA was declared the winner, Portuguese news agency Lusa said.
Column-U.S. Corporate Profit Boom Reveals More About Inflation Threat Than Wages: McGeever
While the Federal Reserve and other central banks obsess over avoiding a 1970s style 'wage-price' spiral, U.S.
U.N. Says China May Have Committed Crimes Against Humanity In Xinjiang
China's "arbitrary and discriminatory detention" of Uyghurs and other Muslims in its Xinjiang region may constitute crimes against humanity, the outgoing U.N.
Push To Shorten U.S. Mine Permit Review Process Gains Steam
U.S. mining companies, automakers and a bipartisan group of congressional members are recommending that the federal government cut the time needed to permit a new mine in order to boost domestic production of electric vehicle minerals.
Ex Burger King Workers Get Another Bite At 'No-hire' Conspiracy Lawsuit
A federal appeals court has revived https://fingfx.thomsonreuters.com/gfx/legaldocs/znvneweoopl/Arrington%20v%20Burger%20King.pdf a potential class action against Burger King over its prior use of a "no-hire" clause that blocked all franchisees from hiring each other's employees.
U.S. Military Laments 'Tragic' Rise In Sexual Assault
The U.S. military experienced its highest recorded level of sexual assault among women last year, in findings the Pentagon on Thursday described as tragic, disappointing and devastating.
Monkeypox Apathy Will 'Condemn People To Suffer,' Latin American Activists Say
Gay rights activists from across Latin America have called for the region's governments to take firm steps to prevent the spread of monkeypox, saying a lack of will to provide vaccines and diagnose cases is hurting the region's gay and bisexual men.
Portugal Eases Visa Rules To Tackle Labour Shortage
Portugal announced on Thursday it would speed up granting visas to citizens of other Portuguese-speaking countries, including Angola and Brazil, as it seeks to tackle a labour shortage.
Microsoft's $69 Billion Activision Deal Could Harm Competition, UK Says
Britain's antitrust regulator said Microsoft Corp's $69 billion acquisition of "Call of Duty" maker Activision Blizzard could harm competition in gaming consoles, subscription services and cloud gaming, and it needed to be investigated in depth.
Judge Orders Senator Graham To Testify In Trump Georgia Probe, But Narrows Scope
A federal judge on Thursday narrowed the scope of questions that Republican Senator Lindsey Graham must answer from a special grand jury investigating Donald Trump's effort to overturn the 2020 election results in Georgia, but she again rejected Graham's bid to avoid testifying altogether.