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.
However, the private sector created 67,000 jobs, the Labor Department said, more than analysts had been expecting.
As a result of the overall fall in job numbers, the unemployment rate rose [...]
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US sees 54,000 jobs lost in August.
Posted by admin on September 3rd, 2010
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HSBC sees profits double to $11bn.
Posted by admin on August 2nd, 2010
The UK’s biggest bank HSBC has reported pre-tax profits of $11.1bn (£7bn) for the first six months of 2010 – more than double its profits for the same time last year.
The bank said it was profitable in every region, except for North America where it saw losses of $80m.
In the UK, profits totalled [...]
Google in ‘new approach’ on China .
Posted by admin on June 29th, 2010
Google has announced a “new approach” in its ongoing battle with China over censorship.
Until recently, the firm automatically redirected Chinese users to its unfiltered search site in Hong Kong to get round censorship issues.
Google has said it will now stop this after Beijing warned it could lose its licence to operate [...]
