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Now time for business news, and markets in Europe all closed down, the FEST 100 was down slightly, the Dax and Euro also closed lower. In the US, markets have closed lower this morning as well, with the Dow Jones down around 1% after their job figures come through. The S&P 500 and the Nasdaq are also lower.
Economists1 say the United States Federal Reserve may have to stimulate2 the economy if the unemployment remains3 stubbornly high, key US jobs figure show that around 8,000 jobs were created in June to keep the umemployment rate steady at 8.2%, not such good news for Barack Obama, that's half the amount required to shift the employment rate, job creations is set to dominate the political debate ahead of November's presidential election.
Legal Firm Slater and Gordon is putting together a class action on behalf of Australian investors4 hit by Barclay's rate fixing scandal, lawyers for the firm say losses in the Australia could be in the billions, the class action is on behalf of businesses and investors who've used financial products affected5 by the the Libor interbank lending right.
And Brumby's Bakery Chain has taken out Newspaper Ads to apologise for encouraging franchisees6 to raise prices and blame it on the carbon tax, this's been an expensive error by Brumby's, the company's managing director Deane Priest has resigned over that internal newsletter.
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1 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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2 stimulate | |
vt.刺激,使兴奋;激励,使…振奋 | |
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3 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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4 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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5 affected | |
adj.不自然的,假装的 | |
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6 franchisees | |
n.特许经营人( franchisee的名词复数 ) | |
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