U.S. stocks futures extended losses on Friday after data showed U.S. job growth almost stalled in February, stoking concerns about a sharp slowdown in domestic economic activity.
WASHINGTON, March 8 – U.S. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors, which could raise concerns about a sharp slowdown in economic activity.
U.S. stock futures slipped on Friday on global growth worries after Chinese data showed exports tumbled the most in three years, while investors turned their focus to domestic monthly employment report.
India’s main financial crime-fighting agency is investigating Philip Morris International Inc and its Indian partner Godfrey Phillips for alleged violation of the country’s laws, a senior directorate source told Reuters on Friday.
India’s main financial crime-fighting agency is investigating Philip Morris International Inc and its Indian partner Godfrey Phillips for alleged violation of the country’s laws, a senior directorate source told Reuters on Friday.
Deepening fears for the health of the global economy pushed world stocks to three week lows on Friday after China exports contracted by a fifth, sending shares in some of the country’s key indexes more than 4 percent lower.
U.S. job growth likely slowed to a five-month low in February as the weather-related boost in the prior two months faded, workers became more scarce and tighter financial conditions began to weigh on the labor market.
Euro zone banks will not be able to use a new longer-term lending facility from the European Central Bank to extend mortgages, Lithuanian central bank chief Vitas Vasiliauskas said on Friday.
Chinese shares were slammed more than 4 percent lower on Friday after data showed exports contracting by a fifth, deepening fears for the world economy and pushing global equities to three-week troughs.
A $10 billion wipeout over the last week has compounded the worst start to a year for equity flows since 2008, Bank of America Merrill Lynch strategists said on Friday.
Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger, Focus magazine reported on Friday.
Uber has paid around 2.3 million euros ($2.6 million) in a settlement after it was found to have offered an unlicensed taxi service in the Netherlands in 2014-2015, Dutch prosecutors said on Friday.
China’s exports tumbled the most in three years in February while imports fell for a third straight month, pointing to a further slowdown in the economy and stirring talk of a “trade recession”, despite a spate of support measures.
No internet, no email and surveillance cameras to monitor his comings and goings.
Deutsche Bank and Commerzbank managers have no official mandate for merger talks, two people with knowledge of the matter said on Friday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
