Asian markets were mixed Monday after another record-breaking performance on Wall Street while Shanghai dipped as disappointing economic data fuelled concerns about China's economy.

International Airlines Group says it has accepted a mediator's compromise proposal to end a strike by workers at Spanish airline Iberia in protest against plans to slash jobs and cut salaries following its merger with British Airways.

Angry workers staged mass demonstrations in Spanish cities on Sunday, protesting the country's high unemployment rate and demanding political reform.

President Barack Obama's pledge to raise the minimum wage by 24 percent has divided economists and businesses who warn it could threaten recent improvements in jobless numbers.

World oil prices closed mixed Friday as the key New York futures contract edged higher despite a stronger dollar bolstered by a better-than-expected US jobs report.

US stocks moved higher Friday after a surprisingly strong jobs report suggested the economic recovery was on track.

The February US jobs report delivered an encouraging surprise Friday, with the unemployment rate slipping to a four-year low and jobs growth picking up in the world's largest economy.

Europe's main stock markets rose further on Friday, with traders reacting to positive Chinese economic trade data and an upbeat US jobs report, analysts said.

Shares in London strengthened at the end of trade on Friday with traders reacting to positive Chinese economic data and upbeat US jobs data.

Google's Motorola Mobility unit will lay off some 1,200 employees, or more than 10 percent of its workforce, the company said Friday.

Europe's main stock markets rose further on Friday, with traders reacting to positive Chinese economic data and upbeat US jobs data, analysts said.

The US jobs market brightened more than expected in February, with the unemployment rate falling and solid job growth, official data released Friday showed.

Indonesians working for Chinese telecom firm Huawei joined a strike Friday over claims their employer broke labour laws, in the latest industrial action to hit a foreign company in Indonesia.

London equities edged higher at the start of trade on Friday ahead of US jobs data.

Google's Motorola Mobility unit will lay off some 1,200 employees, or more than 10 percent of its workforce, in a bid to return to profitability, the Wall Street Journal reported Friday.

Travelers arriving in the United States are likely to face longer lines for a passport stamp as drastic spending cuts known as the sequester begin to bite, the union representing customs and border staff said Thursday.

Rafael Nadal kept his spirits up during a seven-month injury layoff with a little extra golf and fishing, but the pain of missing the London Olympics was slow to fade.

Switzerland has the globe's most competitive travel and tourism sector owing to high quality transportation and hotels, skilled workers and rich natural resources, the Swiss-based World Economic Forum said Thursday.

New claims for US unemployment benefits fell last week to 340,000, suggesting continued modest strength in the jobs market on the eve of steep federal spending cuts, data showed Thursday.

A young ruling party activist was beaten to death during clashes in northwestern Bangladesh Thursday as a nationwide strike called by the opposition shut schools and businesses across the country.