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US unemployment dips in December as job gains remain robust
US unemployment dips in December as job gains remain robust
by  AFP

US job gains exceeded expectations in December while the unemployment rate ticked down, a closely-watched government report said Friday, signaling resilience in the labor market despite efforts to cool the economy. - 'Slowing wage growth' - "Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance," said the report on Friday.

Wells Fargo sacks India executive for urinating on plane passenger
Wells Fargo sacks India executive for urinating on plane passenger
by  AFP

US banking giant Wells Fargo on Friday sacked a top Indian executive now being pursued by police for allegedly urinating on a fellow passenger aboard an Air India flight. "This individual has been terminated from Wells Fargo," it added, without naming Mishra or specifying his position.

Eurozone inflation falls for second month
Eurozone inflation falls for second month
by  AFP

The eurozone's annual inflation rate fell for a second month in a row, to 9.2 percent in December, driven by easing energy prices, official data showed Friday, bringing some relief to Europe in the new year. Across the Atlantic, officials from the US Federal Reserve also indicated there would be more rate hikes this year to keep prices under control. aro-raz/rmb/kjm

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