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US private sector hiring up more than expected in December
US private sector hiring up more than expected in December
by  AFP

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates. In December, ADP noted that service-providing industries added 155,000 jobs, while goods producing sectors added 9,000 roles.

German emissions at 70-year low as coal use drops
German emissions at 70-year low as coal use drops
by  AFP

German emissions were at their lowest point in around 70 years, as Europe's largest economy managed to reduce its dependence on coal faster than expected, a study published Thursday showed. The figure was at its lowest point "since the 1950s", Agora said in a statement, while warning that Germany had work to do to further reduce its emissions.

German car sales up in 2023 but electric models lose ground
German car sales up in 2023 but electric models lose ground
by  AFP

Sales of new cars in Germany increased in 2023, official data showed Thursday, but an end to government subsidy programmes saw electric vehicles lose ground on fossil-fuel models. The end to the subsidy programmes has further taken the wind out of the electric car market, with sales of battery models down in recent months.

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