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Canada adds 21,000 jobs in tight market

  Bloomberg Canadian employment grew in September for the first time in four months, but gains remained moderate in a sign the labour market continues to be near full capacity. The country added just over 21,000 jobs last month, with small gains in both full-time and part-time work, Statistics Canada reported in Ottawa. That’s in line with the median estimate ...

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Intel plans thousands of job cuts

  Bloomberg Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market. The layoffs will be announced as early as this month, with the company planning to make the move around the same time as its third-quarter earnings report, said the people, who asked not to ...

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Pound and UK bonds rally; stocks, futures advance

Us stocks markets open

Bloomberg The pound rallied and UK bonds surged as more of Prime Minister Liz Truss’s package of unfunded tax cuts were reversed. Stocks rise, with investors preparing for a number of key earnings reports this week. Chancellor Jeremy Hunt said the UK will raise £32 billion ($36.15 billion) with new measures, scrapping plans to cut income tax and dropping a ...

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