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Breaking News Fri, 3 Sep 2010
A Kashmiri man looks at a photograph of women scuffling with policemen during a protest, posted on a Facebook page in an Internet  cafe in Srinagar, India, Friday, Aug. 27, 2010.
(photo: AP / Altaf Qadri)
Kashmiri youth wage online struggle
Asia Times
|      Sep 2, 2010 Kashmiri youth wage online struggle | By Athar Parvaiz | SRINAGAR - Rasik Rasheed (not his real name) has been cooped up at home due to curfews and strikes for nearly three months now, but Kashmiri youngsters like him are not busy with their studies - they’re w...
Air India 747
(photo: Creative Commons / Indianhilbilly)
Ministry divided over AI wage cut
The Times Of India
New Delhi: The aviation ministry is divided over the most contentious issue in reviving the Air India-Indian Airlines combine — wage reduction. Aviation ministry's top officials say renegotiating wage agreements with unions representing the national carrier's 31,000 employees is a must to ensure t...
Employment data ease US fears of 'jobless recovery'
The Independent
| Unusually bright news from the US labour market helped to dispel fears that the American economy may soon suffer a catastrophic relapse into recession. | The monthly Department of Labour data published yesterday showed that far fewer jobs were lost...
Stephen Foley: US job market dogged by structural problems
The Independent
| US Outlook: You have to go digging for truffles in each month's employment report here, but the hotly anticipated figures for August do contain reassurance that the US labour market is at least not going backwards. | The rise in the headline rate o...
Stocks rally as jobs data spurs optimism
The Times Of India
NEW YORK: Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession. | The S&P 500 gained 3.8 per cent for th...
Unpainted houses  located in Pampanga Province , Philippines , February 16, 2010.
WN / Renzelle Mae Abasolo
Housing, jobs data drive US stocks
Indian Express
| Investors on American stock markets got some solid evidence to base their investing on. | That caused stocks to rise Thursday, extending gains from the day before, after reports ...
President Barack Obama listens to a question during a news conference in the East Room of the White House in Washington, Thursday, May 27, 2010.
AP / Charles Dharapak
No new stimulus, but Obama seeks jobs ideas
Khaleej Times
WASHINGTON - The White House on Thursday ruled out an 'extraordinary' new economic stimulus plan to fire up the slowing recovery, but said President Barack Obama was scouting new i...
A logo of the Royal Bank of Scotland (RBS) is seen outside one of its branches in London, Tuesday, Oct. 7, 2008. Shares at the Royal Bank of Scotland Group PLC plunged 39 percent in early trading on Tuesday, as investors worried that the British government was not doing enough to boost banks' balance sheets in the financial cris
AP / Akira Suemori
R.B.S. to Cut 3,500 Jobs in Britain
The New York Times
| LONDON — Royal Bank of Scotland, the bank controlled by the British government, said Thursday it plans to cut another 3,500 jobs and close 10 offices in Britain to reduce c...
U.S. Lost 54,000 Jobs in August; Rate Rose to 9.6%
The New York Times
| With the American economic recovery showing clear signs of slowdown, private employers added 67,000 jobs in August, the Labor Department said on Friday. The number was more than forecast. Multimedia Jobs Private Rate | Source: Bureau of Labor Stati...
European Shares Higher Ahead of U.S. Jobs Report
The New York Times
| European and Asian equity markets rose Friday ahead of the monthly jobs report in the United States that could help determine whether the Federal Reserve opts to introduce fresh measures to get the world’s largest economy going again. | In Lo...
Jobs
Traders work on the floor of the New York Stock Exchange, Friday, Aug. 7, 2009 in New York
(photo: AP / Mary Altaffer)
US stocks soar after employment data
The Daily Telegraph Australia
| US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track. | The Dow Jones Industrial Average jumped 128.36 points (1.24 per cent) to 10,448.46 at the closing bell, extending gains since Monday on mostly positive economic data. | The broader S&P 500 index gained 14.38 p...
Corporation
 KLdy1 - oil prices - British Petroleum - BP Petrol Kiosk - petrol station. (dy1)
(photo: WN / deniseyong)
BP to sell Malaysian ethylene and polyethylene interests to Petronas
The Examiner
| BP today announced that it has agreed to sell its interests in ethylene and polyethylene production in Malaysia to PETRONAS. The agreement concerns BP’s 15 per cent interest in Ethylene Malaysia Sdn Bhd (EMSB) and 60 per cent interest in Polyethylene Malaysia Sdn Bhd (PEMSB), both of which are operated by PETRONAS, and are located at Kertih, on...
Inflation
Oil workers from the Gulf Island Fabrication Yard listen to Louisiana Gov. Bobby Jindal during a speech Thursday, June 24, 2010 in Houma, LA. Jindal continued to speak out against the six-month moratorium on deepwater drilling, saying Thursday it would kill thousands of Louisiana jobs.
(photo: AP / Gregory Bull)
Unemployment Filings Decline for a Second Week
The New York Times
| WASHINGTON (AP) — The number of new requests for unemployment benefits declined for a second week, suggesting that the slowing economy has not prompted widespread job cuts at this point. | The Labor Department said Thursday that new claims for unemployment aid fell last week by 6,000 to a seasonally adjusted 472,000. Economists had expected...



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