US hiring tops expectations in November as wages pick up
WASHINGTON: US job gains were unexpectedly robust in November despite efforts to cool the economy, while unemployment held steady and wages ticked up, the government reported Friday.
WASHINGTON: US job gains were unexpectedly robust in November despite efforts to cool the economy, while unemployment held steady and wages ticked up, the government reported Friday.
WASHINGTON: US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a salary deal, avoiding a possibly devastating strike-but putting the pro-union Democrat in an awkward political position.
BRUSSELS: The G7 and EU on Friday agreed a $60-per-barrel price cap on Russian oil in an attempt to deny the Kremlin of war resources, as President Vladimir Putin said more strikes on Ukrainian infrastructure were “inevitable”.
NEW YORK: After years of delays, US automaker Tesla was expected to deliver its first battery-powered semi truck, with which it hopes to get a jump start on the nascent electric heavy duty vehicle market by offering longer ranges without recharging.
MITTERSILL, Austria: One of Austria’s top ski resorts is making as much artificial snow as possible to lay a thick base on the slopes before its energy bills leap.
WASHINGTON: President Emmanuel Macron was greeted by President Joe Biden and a military guard of honor at the White House on Thursday for a state visit that the French leader has seized as an opportunity to air deep grievances over US-EU trade.
Kuwait: Zain, Kuwait’s leading digital service provider, announced its platinum sponsorship of POP UP BY COMFEST 2022, the biggest gaming and comics gathering in Kuwait.
Brussels: The eurozone annual inflation rate fell to 10 percent in November compared to 10.6 percent the month before, the first fall in 17 months, the EU statistics agency said Wednesday.
BEIJING: China’s factory activity shrank for a second straight month in November, official data showed Wednesday, as large swathes of the country were hit by COVID-19 lockdowns and transport disruptions.
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