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Category: SRN News

Fed seen skipping October rate hike as job market cools

Oct 2 (Reuters) – Federal Reserve policymakers on Friday got more reason to wait before raising interest rates again, as government data showed the labor market is cooling more than expected.  US employers added just 29,000 jobs last month, the Labor Department reported, less than…

Ethiopian forces near Tigray capital, fears grow of wider conflict

Oct 2 (Reuters) – Ethiopian government forces closed in on the capital of the northern rebel stronghold of Tigray on Friday, residents and a diplomat said, as fears grew that fighting could spill into a wider war after Ethiopia and Eritrea cut diplomatic ties.  Banks and…

JD.com set to win EU approval for Ceconomy deal, source says

By Foo Yun Chee BRUSSELS, Oct 2 (Reuters) – Chinese e-commerce giant JD.com is set to secure European Union approval for its $2.5 billion bid for German electronics retailer Ceconomy after it tweaked its remedies to address regulators’ concerns, a person familiar with the matter…

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