Bloomberg The true strength of the American labour market may be disguised. Wage growth — described as slow and unconvincing by Federal Reserve officials plotting their path to higher interest rates — is more robust by some measures than commonly acknowledged due to changes in the composition of the workforce. With unemployment close to the lowest in eight years, accelerating ...

Bloomberg Brazil economists lowered their forecast for the benchmark Selic rate for the first time in four months as the currency appreciated further amid speculation President Dilma Rousseff will be ousted. Economists lowered their Selic forecast to 13.75 percent at year-end 2016, from 14.25 percent previously, and also its current level, according to the weekly Focus survey conducted April 1. ...

Bloomberg Hewlett Packard Enterprise will sell its majority stake in IT services firm Mphasis Ltd. for about $825 million to Blackstone Group LP, as the U.S. private equity firm expands in India while the computer maker exits tangential businesses. The investment firm will buy at least 84 percent of HPE’s stake for 430 rupees per share, the U.S. company said ...