Friday, September 4, 2015

Reuters Business Today: September 4, 2015

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Friday, September 4, 2015
U.S. job growth slows, unemployment rate falls to 5.1 percent
WASHINGTON (Reuters) - U.S. job growth rose less than expected in August, which could dim prospects of a Federal Reserve interest rate hike later this month, even as the unemployment rate dropped to a near 7-1/2- year low of 5.1 percent and wages accelerated.
Futures extend losses after jobs data
(Reuters) - U.S. stock index futures extended their losses on Friday after data showed job growth slowed in August.
Brent crude oil slips towards $50 on demand concerns
LONDON (Reuters) - Oil prices fell on Friday, pushing benchmark North Sea Brent crude down towards $50 a barrel, after a cut in European growth forecasts heightened worries over the outlook for demand at a time of huge oversupply.
Japanese banks among bidders for GE's local finance unit: sources
(Reuters) - Japanese banks are among bidders for General Electric Co's local commercial lending and leasing operation, sources told Reuters on Friday.
Fed's Lacker argues Fed should raise rates soon
RICHMOND, Va. (Reuters) - A top Federal Reserve official said on Friday he had seen enough healing in the U.S. labor market to warrant raising interest rates soon.
Investor flight from U.S. stocks fails to lift bond market
NEW YORK (Reuters) - The "flight to safety" into bonds many expected when U.S. stocks slumped last week never took off, making big losers out of prominent fund managers and further confusing investors at a volatile time in the market.
G20 weighs Fed hike, Chinese turmoil, but unlikely to rock boat
ANKARA (Reuters) - The U.S. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said on Friday.
Airbus orders reach 754 jets after August surge
PARIS (Reuters) - European planemaker Airbus said on Friday that it won 754 orders in the first eight months of the year, boosted by an order surge last month that included one worth $26.55 billion at list prices from Indian carrier IndiGo.
No BOJ easing needed in October if inflation expectations anchored: IMF
TOKYO (Reuters) - The Bank of Japan does not need to expand monetary policy in October even if it cuts its growth and price forecasts, as long as inflation expectations are well anchored, the IMF's mission chief for Japan said on Friday.
Qualcomm president says splitting company may not create value
NEW YORK (Reuters) - Qualcomm Inc's President Derek Aberle, under pressure from activist hedge fund Jana Partners to improve the licensing and chip design firm's stock performance, on Thursday sounded a cautionary note about a potential breakup of the company.
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