Business

US jobless rate plunges to 4.6 pct., employers add 178K jobs

US jobless rate plunges to 4.6 pct., employers add 178K jobs

Average hourly earnings fell for workers in mining, manufacturing and utilities. The fall was driven partly by the creation of new jobs and partly by people retiring and otherwise leaving the labor force. Job gains last month were broad, though manufacturing shed another 4,000 jobs. The expected moderation largely reflects a calendar quirk, which economists expect Fed officials will overlook at their December 13-14 policy meeting.


Paris, Madrid, Athens and Mexico City to ban diesel cars by 2025

Paris, Madrid, Athens and Mexico City to ban diesel cars by 2025

Cities such as Beijing, seen above, have been battling air pollution for years. They say they encourage walking and cycling and will give incentives for alternative vehicle use. We need cleaner vehicles and fewer of them. But he pointed to the city's successful bike-share programme as one way to get people out of vehicles and mentioned that the first 30 charging stations had been installed for electric vehicles.


Oil pares gains amid fresh doubts over OPEC deal

Oil pares gains amid fresh doubts over OPEC deal

Sources said Saudi Arabia and its Gulf allies have signaled they were prepared to cut close to 1 million barrels per day of their output. The bank also picked Surge Energy Inc. Iran is boosting production and Iraq is seeking an exemption because of its war with Islamist militants. The Organization of the Petroleum Exporting Countries (OPEC) meets at the end of the month at its headquarters in Vienna .



Trump agrees to give up business 'in total' to focus on presidency

His three eldest children already hold roles within the Trump empire which boasts golf clubs, office towers and other properties in several countries, including India. After Florida, Ohio was the state Trump traveled to most during his run for the White House. "That will be good for the city of Chicago and for the state", Emanuel said.



Bank's supplier looking at 'potential solutions' over animal fat in £5 note

The central bank added in a statement that its supplier Innovia is "working intensively... towards potential solutions", suggesting the Bank is trying to make the notes free from tallow, the animal fat now used in the production process. "We respect those concerns and are treating them with the utmost seriousness". Vegans and vegetarians in England may be able to avoid personal consumption of animal products, but it will be harder for them to refrain from using the nation's new polymer ...