WASHINGTON U.S. labor costs in the second quarter recorded their smallest increase in 33 years as workers earned less in commissions and bonuses, in what appeared to be a temporary wage growth setback against the backdrop of diminishing labor ...
U.S.-listed equity instruments tied to Greece have fallen around 20 per cent since the Athens stock market was closed in late June, heralding a potentially rough start when it finally re-opens.
Uber Technologies Inc. has closed a new round of funding valuing the five-year-old ride-hailing company at close to $51 billion, according to people familiar with the matter, equaling Facebook Inc. FB -1.26 % 's record for a private venture-backed startup.
Taxi hailing service Uber expects to hit over 1 million trips per day in next six to nine months. It has registered a 40% growth month-on-month in India.
China stocks fell on Friday and looked set to suffer their biggest monthly loss in nearly six years even as Beijing rolled out a series of support measures and promised to step up efforts to bolster the flagging economy.