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International

US jobs report keeps Fed on track for rate hike
US non-farm payrolls rise by 321,000 in Nov; exports up 1.2% in Oct; new orders fall
European Central Bank to weigh action next year
Central bank keeps borrowing costs at record low, cuts growth, inflation forecasts
Egyptian business activity growth almost stalls in Nov
The HSBC Egypt Purchasing Managers Index (PMI) for the non-oil private sector stood at 50.7 points in November, down from 51 points in October and a near-record 52.4 points in September.
Saudi Nov non-oil growth slows to a six-month low
The seasonally adjusted SABB HSBC Saudi Arabia Purchasing Managers’ Index slipped to 57.6 points in November from 59.1 in the previous month.
London streets paved with platinum in $6b Veolia Environnement push
The French waste and water company built a factory at Ling Hall in Warwickshire to extract rare metals blown out of vehicle exhaust filters and onto roads and sidewalks.
UK to miss short-term budget deficit targets
Osborne said he was sticking to his promise to put Britain’s budget back in the black before the end of the decade.
Eurozone recession risks loom
China’s services industry shows expansion, but manufacturing weakest in 6 months; US, India expand
S&P doubts Japan govt will have detailed fiscal consolidation plan
S&P’s rating on Japan has a negative outlook, meaning a downgrade is possible.
Tighter 2015 Saudi Arabia budget likely
The government gets about 90 per cent of its revenue from oil exports and is believed to need an average oil price above $90 to balance its budget this year.
BSE doubles spending to improve disclosures
Bigger rival National Stock Exchange of India Ltd has hired more staff to enforce shareholder disclosure rules, the exchange’s spokeswoman Divya Malik Lahiri said.
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