Tariff deal with U.S. not yet even in ‘pre-work’ stage: EU trade chief
The European Union has yet to begin even “pre-work” towards a transatlantic trade agreement on industrial goods aimed at averting a tariff war with U.S. President Donald Trump, Trade Commissioner Cecilia Malmstrom said on Friday.
Unilever drops Dutch HQ move after British investors rebel
Unilever executives scrapped plans to move the company headquarters to the Netherlands on Friday in the face of a shareholder revolt, keeping one of Britain’s most valuable businesses in London ahead of Brexit.
U.S. job growth cools; unemployment rate falls to 3.7 percent
U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions.
U.S. seen likely to win in effort to shut down WTO’s appeals court
The United States is likely to succeed in shutting down the World Trade Organization’s supreme court because other WTO members are powerless to stop it, diplomats, lawyers and officials said at a conference in Geneva on Friday.
Danske CFO says U.S. inquiry differs from one that shut Latvia’s ABLV
The involvement of U.S. authorities in an inquiry into alleged money laundering at Danske Bank is very different to the case of Latvia’s ABLV, the Danish bank’s interim chief financial officer Morten Mosegaard told Reuters on Friday.
Russia’s major state banks see forex outflow amid sanctions threats
Russia’s largest lenders, state-owned Sberbank and VTB , saw outflows of foreign currency deposits in August amid a rouble depreciation and concerns about new U.S. sanctions, according to an analysis of central bank data.
Stock futures swing after September jobs data
U.S. stock index futures briefly turned positive on Friday after a U.S. Labor Department report showed job growth slowed sharply in September, while a steady rise in wages suggested moderate inflation pressures, easing concerns about the economy overhe…
U.S. trade deficit jumps to six-month high in August
The U.S. trade deficit increased to a six-month high in August as exports dropped further amid declining soybean shipments and imports hit a record high, suggesting that trade could weigh on economic growth in the third quarter.
U.S. job growth slows; unemployment rate falls to 3.7 percent
U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions.
Red October rumbles on ahead of U.S. jobs data
World markets steadied ahead of U.S. jobs numbers on Friday, as a four-year high in oil prices and the biggest weekly jump in Treasury yields since February left investors wondering where to go next.
