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US creates 115,000 jobs in April, fewer than expected by analysts
May 5, 12:32 pm
Washington, May 5 (ANI): The United States created 115,000 jobs in April, feweran expected by analysts
, official figures have revealed.The Labour department has said that the unemployment rate has fallen slightly to 8.1 percent in April from 8.2 percent in March, The BBC reports.The United States had seen robust jobs growth this year, with over 200,000 jobs created in January and February. However, the past two months have seen a sharp fall in job creation, with only 154,000 jobs added in March.Speaking after the data was released, President Barack Obama said: "We've got to do more if we're going to recover all the jobs lost in the recession."Jobs were created in the business services, retail and healthcare sectors in April, but were lost in the transport sector.The Commerce Department said a cutback in business investment was the key reason for the slowdown in growth.The stubbornly high unemployment rate is seen as a drag on economic growth in the
US.ANI)
News Corp. Board approved company's split into two public traded entities
May 25, 5:11 pm
London, May 25 (ANI): News Corporation Board has approved the split of its company into two publicly traded entities putting a step forward in separating its entertainment businesses from the publishing division.
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Japan's ORIX announces capital participation in major Mongolian financial firm
May 25, 1:40 pm
Tokyo, May 25 (ANI): Orix Corporation, a leading integrated financial services group of Japan, has announced its decision to foray into the Mongolian financial services business through an alliance with TenGer Financial Group (TFG), a major Mongolian financial group.
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China planning to give private businesses larger role in economy
May 25, 12:32 pm
Washington, May 25 (ANI): China is planning to give a larger role to private businesses and market forces in its economy.
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PM asks SEBI to take steps to eliminate stock market insider trading
May 25, 9:02 am
Mumbai, May 25 (ANI): Prime Minister Dr. Manmohan Singh has asked market regulator Securities Exchange Board of India (SEBI)to root out the disease of insider trading from stock markets.
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