Labor Market
US jobless claims inch higher
Mar 21, 2013 09:10 EDT
New claims for US unemployment benefits rose slightly last week but remained near their lowest level in five years, government data released Thursday showed.
Fed holds course amid government spending cuts
Mar 20, 2013 16:39 EDT
The Federal Reserve kept its easy monetary policies in place Wednesday, saying high unemployment and the government's sharp spending cuts remain barriers to full recovery from the 2008 crash.
Fed warns US spending cuts could hit growth, jobs
Mar 20, 2013 14:57 EDT
Federal Reserve Chairman Ben Bernanke warned Wednesday that broad-based US government spending cuts could curb the economic and jobs recovery.
Fed trims US GDP outlook, sees lower unemployment
Mar 20, 2013 14:25 EDT
The Federal Reserve kept its monetary easing policies in place Wednesday as it trimmed its 2013 and 2014 economic growth forecasts for the US economy.
London shares fall
Mar 20, 2013 13:21 EDT
London shares closed lower on Wednesday as the government announced its intention to stick firmly to a barrage of austerity measures while unveiling the budget.
Airbus to sign mega A320 order from Asia's Lion Air
Mar 17, 2013 21:03 EDT
European aerospace giant Airbus will sign Monday what would mark one of its biggest orders ever from Indonesia's Lion Air for more than 200 A320 medium-haul jets, business daily Les Echos reported.
Airbus to sign mega A320 order from Asian carrier Lion Air
Mar 17, 2013 19:00 EDT
European aerospace giant Airbus will sign an order from Indonesian low-cost carrier Lion Air for more than 200 A320 medium-haul jets at a ceremony Monday with French President Francois Hollande, business daily Les Echos reported in its Monday edition.
French president, Airbus to unveil 'major deal' Monday
Mar 17, 2013 17:13 EDT
European aerospace giant Airbus will sign an order from Indonesian low-cost carrier Lion Air for more than 200 A320 medium-haul jets at a ceremony Monday with French President Francois Hollande, business daily Les Echos reported in its Monday edition.
European stocks fall amid Cyprus talks
Mar 15, 2013 13:35 EDT
Europe's main stock markets fell on Friday in downbeat pre-weekend trading before the outcome of a major eurozone ministers meeting aiming to agree a bailout for the Cyprus government, dealers said.
European equities slip before EU summit outcome
Mar 15, 2013 08:10 EDT
Europe's main stock markets fell on Friday in downbeat pre-weekend deals before the outcome of a major European Union summit that seeks to agree a bailout for the Cyprus government, dealers said.
Asian markets mixed, yen flat after BoJ vote
Mar 15, 2013 07:08 EDT
Asian markets were mixed on Friday following another strong lead from Wall Street, where traders took heart from more upbeat US jobs numbers.
Canada's finance minister to unveil budget on March 21
Mar 14, 2013 17:34 EDT
Canadian Finance Minister Jim Flaherty will unveil his next budget on March 21, he announced on Thursday.
S&P 500 flirts with record in bull market
Mar 14, 2013 16:50 EDT
The S&P 500 flirted with an all-time high Thursday as equity markets continued their upward march in the wake of strong labor data and bullish market sentiment.
European stocks rise on US jobless claims
Mar 14, 2013 13:21 EDT
Europe's main stock markets closed higher on Thursday on upbeat news that Ireland could become the first eurozone nation to emerge from its bailout programme and a decline of US jobless claims for a third straight week, dealers said.
London shares close higher on Irish optimism
Mar 14, 2013 13:16 EDT
London shares closed higher on Thursday as investors took heart from news that Ireland could become the first eurozone nation to emerge from its bailout programme and US jobless claims declined for a third straight week, dealers said.
Europe stocks rise on Irish news, US jobless claims
Mar 14, 2013 11:59 EDT
Europe's main stock markets rose on Thursday as investors took heart from news that Ireland could become the first eurozone nation to emerge from its bailout programme and US jobless claims declined for a third straight week, dealers said.
Greek unemployment hits 26% in fourth quarter
Mar 14, 2013 11:02 EDT
Greek unemployment surged to 26 percent of the workforce in the fourth quarter of 2012 compared with 20.7 percent in the corresponding period a year earlier, the state statistics agency said on Thursday.
US jobless claims fall for third week in row
Mar 14, 2013 09:14 EDT
New claims for US unemployment benefits fell last week for the third week in a row, signaling continuing improvement in the troubled jobs market, Labor Department data released Thursday showed.
Australia adds most jobs in almost 13 years
Mar 14, 2013 02:20 EDT
Australian monthly jobs growth hit a near 13-year high in February, an "extraordinary" result that helped keep the unemployment rate steady and eased pressure on the central bank to cut rates.
Australia jobs creation smashes forecasts
Mar 14, 2013 01:09 EDT
Australia created seven times more jobs than expected in February, a surprise result that helped keep the unemployment rate steady and take pressure off the central bank to cut interest rates.
