US Jobs Seen Growing With Resilient Economy: Eco Week
Upcoming readouts of the US labor market are projected to show more moderate yet still healthy job growth, an historically low unemployment rate, cooler wage gains and fewer vacancies.
Bloomberg Business
French Riots Begin to Abate Even as Economic Costs Mount
Tensions abated slightly in France during a fifth night of unrest as authorities sought to contain the fallout from the killing of a teenager that’s reignited debate about racism and inequality.
REPT’s $1 Billion IPO Leads Wave of Auto Startup Filings in Hong Kong
A clutch of Chinese automotive startups have filed for initial public offerings in Hong Kong, as the financial hub looks to turn the page on a disastrous first half of the year for debuts.
Israel to Buy 25 Lockheed Martin F-35 Jets in $3 Billion Deal
Israel plans to buy a third squadron of F-35 fighter jets from the US government in a deal valued at about $3 billion.
South African Minister Says Fewer Power Cuts Are ‘No Accident’
South Africa’s power generation system is recovering and that’s been reflected in fewer power cuts recently, according to the minister of electricity.
China Is Buying Gas Like There’s Still an Energy Crisis
China is on a natural gas shopping spree, and officials are happy for importers to keep striking deals even after a global energy crisis has eased.
CIA Chief Calls War in Ukraine ‘Corrosive’ for Putin’s Regime
The invasion of Ukraine has had a “corrosive effect” on Russian society and President Vladimir Putin’s regime, creating an “opportunity” for the US, said William Burns, director of the Central Intelligence Agency.
Gold Producer Mali Replaces Mines Minister in Government Shakeup
Mali’s military leader Assimi Goita appointed Amadou Keita as minister of mines in a government reshuffle on Saturday, according to a presidential decree.
Senior China Diplomat Says Italy Backs Belt and Road in Concept
A senior Chinese diplomat said he believes Italy still backs the concept of President Xi Jinping’s signature global investment initiative, even as the European nation mulls leaving the controversial pact.
