Business

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. private employers hired fewer workers than expected in June and applications for unemployment benefits last week increased for a third straight week, pointing to some loss of momentum in job growth as the labor market nears full employment. Those signs were also evident in another report on Thursday
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The S&P and the Dow futures were little changed on Wednesday as investors awaited minutes of the Federal Reserve’s last meeting for clues on interest rate hikes. * However, futures pointed to a lower open for the Nasdaq following Tuesday’s Independence Day holiday, due to weakness in the technology sector. * The Fed, which lifted
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LONDON The Subway franchise of sandwich restaurants plans to open a further 500 outlets in the UK and Ireland over the next three years, creating about 5,000 jobs, as it seeks to capitalize on a growing appetite for cheap food on the go. Subway, which sells a wide range of freshly made submarine sandwiches, as
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HONG KONG Revenues in the world’s biggest casino hub of Macau jumped nearly 30 percent in June, posting an 11-month winning streak, as demand from high-roller VIPs accelerated despite a corruption crackdown. Monthly gambling revenue in the Chinese special administrative region rose 25.9 percent to 20 billion patacas ($2.49 billion), government data showed on Saturday.
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Wall Street was lower in early afternoon trading on Tuesday as technology stocks continued to slide while investors focused on Federal Reserve Chair Janet Yellen’s talk in London. The technology index .SPLRCT fell 1 percent due to a drop in the shares of Microsoft (MSFT.O), Facebook (FB.O) and Alphabet (GOOGL.O). Alphabet fell 1.6 percent to
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