U.S. private payrolls undershoot expectations; labor market recovery losing speed - Reuters
WASHINGTON (Reuters) - U.S. private employers hired fewer workers than expected for a second straight month in August, suggesting that the labor market recovery was slowing as the COVID-19 pandemic persists and government money to support workers and employers dries up.
The moderation in job growth was also flagged
UAE reports over 700 new coronavirus cases, highest since late May - Reuters UK
DUBAI (Reuters) - The United Arab Emirates recorded over 700 new coronavirus infections on Wednesday, its highest daily increase in more than three months.
There has been a spike in new cases in recent weeks in the Gulf Arab state that had seen a generally falling trend since daily infections peaked in May.
The health ministry said on Twitter there had been 735 new cases and three deaths from COVID-19, the disease caused by the novel coronavirus, in the last 24 hours, up from
Germany raises 6.5 billion euros from first-ever green bond - Reuters
AMSTERDAM (Reuters) - Germany saw good demand for its first-ever green bond on Wednesday, in a landmark moment for Europe’s climate-focused finance drive.
Germany raised 6.5 billion euros from the 10-year bond, after investors queued up for over 33 billion euros, its finance agency said in a statement.
“With today’s issue of the government’s first green bond, we have taken an important step towards significantly strengthening Germany as a sustainable finance location,” German
Explainer: Why Germany's energy market is ready for a shake up - Reuters
FRANKFURT (Reuters) - Germany is home to one of the world’s most liberalised electricity sectors, which was thrown open to competition 20 years ago. Today, Europe’s largest economy is seeking to blaze a trail in renewable energy.
It will be difficult for Messi to remain with Barcelona, says his father - Reuters
BARCELONA (Reuters) - Lionel Messi’s father and agent met Barcelona club president Josep Maria Bartomeu on Wednesday to discuss the player’s wish to leave the club but the talks ended in stalemate, Spanish media reported.
Earlier, Jorge Messi said it would be “difficult” for his son to remain with Barcelona, the only club he has ever played for professionally.
The meeting lasted one-and-a-half hours and was held in a cordial atmosphere, according to media reports including sports dailies Marca and
UK/Japan trade deal good for consumers, companies, Johnson tells Abe - Reuters
LONDON (Reuters) - British Prime Minister Boris Johnson told his outgoing Japanese counterpart Shinzo Abe that a free trade deal between their two countries would provide certainty for companies and consumers, his Downing Street office said on Wednesday.
Britain and Japan are in advanced stages of trade negotiations. After
Hong Kong extends loan repayment holiday for small businesses - Reuters
HONG KONG (Reuters) - Hong Kong’s central bank on Wednesday extended its scheme giving small companies a break from repaying the principal on loans to help them cope with the economic impact of the coronavirus.
The financial hub last month cut its full year GDP forecast to a contraction of 6%-8%, from an earlier forecast of a 4%-6% contraction.
The scheme, which covers companies with annual turnover of less than HK$800 million ($103 million),
Apple-Epic row being closely watched by German antitrust chief - Reuters
BERLIN (Reuters) - Germany’s antitrust watchdog is following closely a legal row over Apple’s App Store payment terms, saying on Wednesday it could in principle open a national inquiry.
Apple dropped Epic Games after a dispute in which the ‘Fortnite’ creator alleged that the iPhone maker’s in-
Macy's rethinks holidays in the time of COVID-19 with new gifts, online focus - Reuters
(Reuters) - Macy’s Inc ( M.N ) reported a smaller-than-expected quarterly loss and beat sales estimates on Wednesday, as shoppers stuck indoors due to the COVID-19 pandemic bought more apparel using the department store chain’s app and website.
Shares of
Steve Bannon’s effort to export his fiery popularism to Europe is failing - Reuters
WASHINGTON (Reuters) - Attempts by former White House adviser Steve Bannon to export President Donald Trump’s brand of populism to Europe are on the rocks, according to several of his current and former political partners in Italy and Belgium.