While concerns about a potential manufacturing slowdown swirl in the midst of a trade war, the sector is facing a bigger and more immediate problem — a growing skills gap that is leaving hundreds of thousands of positions open.
U.S. job growth likely picked up in September, with wages increasing solidly, which could assuage financial market concerns that the slowing economy was teetering on the brink of a recession amid lingering trade tensions.
The United States will talk to the European Union before adopting its trade tariffs on European goods, the U.S. Secretary of State Mike Pompeo said in a video interview posted on daily La Stampa website on Friday.
Britain's Civil Aviation Authority (CAA) said it plans to fly 26 flights on Friday to bring another 4,500 people back to the country after the collapse of travel firm Thomas Cook.
The European Union will take retaliatory measures in response to new U.S. tariffs on European goods, Germany's foreign minister, Heiko Maas, told newspapers in remarks published on Friday.
Oil futures were higher ahead of the weekend but remained on track for large weekly losses on fears that slower global economic growth will hurt fuel demand, even as Saudi Arabia said it has fully restored oil output after recent attacks.
British oil major BP said on Friday upstream business head Bernard Looney will succeed Bob Dudley as chief executive officer when he retires next year after holding the role for nearly a decade.
U.S. trade officials, at the request of card networks Mastercard and Visa , convinced Indonesia late last year to loosen rules governing its new domestic payment network, according to Indonesian government and industry sources, and emails reviewed by Reuters.
Asian stocks edged up on Friday, thanks to gains on Wall Street, but signs of widening cracks in the global economy curbed risk appetite as markets looked to a key U.S. job report that could determine whether the Federal Reserve cuts rates further.
BP on Friday appointed head of upstream Bernard Looney as chief executive to succeed Bob Dudley when he retires next year after leading the oil and gas company back to growth from near collapse in 2010.
Oil futures were higher ahead of the weekend but remained on track for large weekly losses on fears that slower global economic growth will hurt fuel demand, even as Saudi Arabia said it has fully restored oil output after recent attacks.
Bernard Looney, boss of oil and gas production at BP , will take over from Bob Dudley as chief executive next year.
Royal Dutch Shell has promoted its current Australia chief, Zoe Yujnovich, to the role of executive vice president for conventional oil and gas from Jan. 1, based in the group's headquarters in The Hague, Shell Australia said on Friday.
British department stores group John Lewis has told shopping centers landlords it will withhold 20% of this quarter's service charge as it seeks to cut costs, it said on Friday.
The European Union is likely to take retaliatory measures in response to new U.S. tariffs on European goods, German Foreign Minister Heiko Maas told newspapers in remarks published on Friday.