Bloomberg Australia’s jobless rate fell in April, adding to the previous month’s strong employment gains, reinforcing expectations that the central bank won’t cut interest rates further. Employment rose 37,400 from March; economists forecast 5,000 gain Jobless rate fell to 5.7%, the lowest since January, vs 5.9% estimate. Full-time jobs fell 11,600; part-time employment rose 49,000. Participation rate held at 64.8% …

Bloomberg The Philippine economy expanded less than economists forecast last quarter as government and consu-mer spending weakened. Stocks and the peso fell. Gross domestic product increased 6.4 percent from a year earlier, the Philippine Statistics Authority said in Manila on Thursday, after expanding 6.6 percent in the fourth quarter. The median estimate of 14 economists surveyed by Bloomberg was for …

Bloomberg Facebook Inc. was fined 110 million euros ($122 million) by the European Union for misleading regulators during a 2014 review of the WhatsApp messaging service takeover on the same day the EU threatened to heavily penalize Patrick Drahi’s Altice NV for implementing for a second time a deal before getting regulatory clearance. The European Commission won’t overturn approval for …