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20198 articles published since 08 Mar 2022

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US job gains miss expectations in August as labor market cools
US job gains miss expectations in August as labor market cools
Economy

US hiring bounced back in August but missed expectations while the jobless rate crept down, government data showed Friday, paving the way towards central bank rate cuts in the coming weeks. The August number came in below economists' expectations of 165,000, according to a Briefing.com consensus forecast.

Malaysia Airlines finds 'potential issue' on A350-900 engine
Malaysia Airlines finds 'potential issue' on A350-900 engine
Economy

Malaysia Airlines said on Friday it had found a "potential issue" with the engine of an Airbus A350-900 aircraft in its fleet but added that it had been resolved. Malaysia Airlines' fleet of A350-900 planes "recently underwent a precautionary inspection, during which a potential issue with high-pressure fuel hoses on one aircraft was identified," the carrier said in a statement.

US climate envoy says discussed plans for summit on methane at Beijing talks
US climate envoy says discussed plans for summit on methane at Beijing talks
Economy

United States climate envoy John Podesta said on Friday that plans were moving forward for a summit with China on reducing emissions of methane and other highly polluting non-CO2 gases. The United States has expressed intentions to hold a summit with China on these types of gases at the upcoming United Nations COP29 climate summit hosted by Azerbaijan in November.

App helps Mexican tortilla makers join digital economy
App helps Mexican tortilla makers join digital economy
Economy

Long marginalized by the banking industry, Mexico's neighborhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many. The change reflects a wider embrace of financial technology in Latin America's second-largest economy.

China pushes smaller, smarter loans to Africa to shield from risks
China pushes smaller, smarter loans to Africa to shield from risks
Economy

China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. The BRI made headlines for backing big-ticket projects in Africa with opaque funding and questionable impacts.

Asian markets swing as traders prepare for US jobs data
Asian markets swing as traders prepare for US jobs data
Economy

Asian markets drifted Friday as traders positioned themselves ahead of a highly anticipated US jobs report later in the day and following a mixed bag of economic data on the world's top economy. Wall Street ended the day on a tepid note, and Asian investors were equally cautious.

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