US unemployment rises – but less than expected
Friday, 3rd September 2010
WORLD ECONOMY
JOHN DUNNE
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures have shown. But the private sector created 67,000 jobs – more than analysts had...
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Service sector activity in new slump
Friday, 3rd September 2010
UK ECONOMY
HARRY BANKS
Service sector activity grew last month at its slowest pace since April 2009, with a marked fall in hiring as employers worried about an economic slowdown and public spending cuts, a survey showed....
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BP oil spill bill hits £5.2bn
Friday, 3rd September 2010
BP
JOHN DUNNE
BP has said that it has so far clocked up a £5.2bn bill for the Gulf of Mexico oil spill disaster. An estimated 265,000 barrels of oil have been collected from the water, the company said....
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Eurozone retail sales rise
Friday, 3rd September 2010
RETAIL
HARRY BANKS
Eurozone retail sales increased for a third successive month in July, offering more signs that consumers are opening their wallets and boosting the chances of the economic recovery continuing. Sales...
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More news

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  • Brazilian trio takes Burger King for $4bn
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