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U.S. markets news

US labor market shows some muscle despite slower job growth
WASHINGTON U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month.
US employers add 173000 jobs in August; unemployment rate falls to 5.1%  Los Angeles Times
Wall St. Drops Sharply After Mixed Jobs Data  New York Times
The Guardian  
BlackBerry to acquire Good Technology for $425 mln
Sept 4 Canadian smartphone maker BlackBerry Ltd said it would acquire software security provider Good Technology for $425 million in cash.
BlackBerry to Buy Rival Good Technology for $425 Million  Bloomberg
BlackBerry makes largest acquisition with deal for rival Good Technology  The Globe and Mail
China's Bohai to buy jet lessor Avolon
Chinese leasing company Bohai will buy Irish jet lessor Avolon in a deal which values the company at $US7.6 billion ($A10.84 billion), according to a statement, as Beijing pushes its companies to search overseas for future growth.
HNA Group's Bohai Leasing to Acquire Avolon for $31 a Share  Press Examiner
Putin's China Deals May Hide Paper Tigers as Growth Slows
Vladimir Putin's long-heralded visit to Beijing this week yielded five framework energy deals that bolster Russian hopes of strengthening ties with China as relations sour with the U.S.
Russian President Vladimir Putin Slams US Over Refugee Crisis in Europe  NDTV
Putin discusses antiterrorism coalition with Obama, other leaders  Russia Beyond the Headlines
Labor Day Weekend Gas Prices Lowest in 11 Years
Labor Day gas prices are the lowest in over a decade, giving some relief to drivers who will be hitting the road this weekend for the holiday.
Drivers paying lowest Labor Day gas prices in more than a decade  Minneapolis Star Tribune
This Labor Day expected to be busiest in recent years  Grand Haven Tribune
Canada Adds Jobs in August
OTTAWA-Canada's economy created more jobs than expected in August but the unemployment rate increased as more people searched for work.
UPDATE 1-Canada adds jobs in August, but unemployment rate rises  Reuters
Waterloo Region's unemployment rate up as Canadian economy gains jobs  CTV News
Indonesia drops high-speed train plan, chooses slower option
JAKARTA, Indonesia - Indonesia has dropped its plan to build a high-speed train line and is shifting instead to more economical medium-speed technology, a Cabinet minister said Friday.
Indonesia drops plan to build high-speed train line, shifts to medium speed  Fox News
IMF: China, tumbling commodity prices threaten world economy
WASHINGTON - China's slowdown, volatile financial markets and tumbling raw-materials prices have raised the risks to economic growth around the world, the International Monetary Fund reported Wednesday.
IMF staff warn G20 of increasing downside economic growth risks  Reuters
Lagarde praises government, BI policies  Jakarta Post
Hey, Twitter, is Jack Dorsey going to be CEO or what?
Hey, Twitter - it's a slow news week before Labor Day, so everyone is looking to you. Twitter Inc. TWTR, +0.00% has been widely expected to name a new CEO as early as Friday, unless its search process - nearing the three-month mark - has gotten ...
Indian-origin Padmasree Warrior in race to head Twitter  Business Today
Is Twitter all set to welcome Indian-origin Padmasree Warrior as its CEO?  Firstpost
Wing panel gives up little data on missing MH370
Australia's top safety investigator has cautioned that a “flaperon” movable wing panel from missing Malaysia Airlines Flight MH370 may yield only limited information, despite confirmation from French authorities yesterday that it is from the missing ...
Confirmed: Wing Part Is From Missing Malaysian Flight  Discovery News
French investigators confirm wing part from Flight 370  Bangkok Post