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CNU.S. labor market stronger than expected in August, unemployment rate stable TR42 Suspects Detained BRTwo men are arrested on suspicion of an attack on a PMAM captain in Manaus TRAugust employment report in the USA: non-farm jobs increased by 162 thousand, exceeded expectations ARThe arrest of a prominent Hamas leader provides an “intelligence treasure” for Israel FRPublic service unions call for strike on September 29 for salary increases and budgetary resources INTL12-year-old boy dies in train collision at level crossing in Co Mayo, Ireland INUS Auto Group Urges Congress to Ban Chinese Vehicle Sales Over Security and Competition Concerns INTLMarina Hyde critiques Reform UK's funding scandal and Farage's leadership TRTuğberk İmamoğlu ship sank, Alsou ship's captains testified CNU.S. labor market stronger than expected in August, unemployment rate stable TR42 Suspects Detained BRTwo men are arrested on suspicion of an attack on a PMAM captain in Manaus TRAugust employment report in the USA: non-farm jobs increased by 162 thousand, exceeded expectations ARThe arrest of a prominent Hamas leader provides an “intelligence treasure” for Israel FRPublic service unions call for strike on September 29 for salary increases and budgetary resources INTL12-year-old boy dies in train collision at level crossing in Co Mayo, Ireland INUS Auto Group Urges Congress to Ban Chinese Vehicle Sales Over Security and Competition Concerns INTLMarina Hyde critiques Reform UK's funding scandal and Farage's leadership TRTuğberk İmamoğlu ship sank, Alsou ship's captains testified

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According to the analysis, Lufthansa remains in the MDAX – DAX return is not advantageous

Business·38 minutes ago

According to the analysis, Lufthansa remains in the MDAX – DAX return is not advantageous

Lufthansa boss Carsten Spohr expressed optimism about a return to the DAX in May 2023, but more than three years later this has not yet happened. Deutsche Börse once again did not include the airline in the current index review. According to an analysis by Deutsche Bank, entry into the DAX would not be particularly beneficial for share price development.

Federal Labor Minister Bärbel Bas calls for the preservation of four VW plants in Germany

Developing·39 minutes ago

Federal Labor Minister Bärbel Bas calls for the preservation of four VW plants in Germany

Federal Labor Minister Bärbel Bas has called on Volkswagen to maintain the four production facilities at risk in Neckarsulm, Hanover, Emden and Zwickau and to avoid redundancies for operational reasons. The federal government welcomed the savings concept, while Cem Özdemir and Olaf Lies called for concrete future prospects for the plants and warned of job losses.

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US labor market recovers significantly more than expected in August

BREAKING·44 minutes ago

US labor market recovers significantly more than expected in August

In August, 162,000 new jobs were created in the US, almost four times more than the 56,000 expected. The data is influencing the Federal Reserve's monetary policy decisions as it weighs price stability and a robust labor market.

Volkswagen shares rise despite job cuts and factory closures

Developing·1 hour ago

Volkswagen shares rise despite job cuts and factory closures

Volkswagen shares rose by over six percent after the Supervisory Board approved the future plan until 2030, which envisages the reduction of 50,000 jobs and the possible closure of four plants. Some analysts are optimistic, while the stock market is rewarding the restructuring, even though overcapacity in Europe is 500,000 vehicles and VW's market capitalization lags well behind technology and industrial groups.

Nvidia takes over Hugging Face for almost $13 billion

BREAKING·1 hour ago

Nvidia takes over Hugging Face for almost $13 billion

Nvidia buys the AI platform Hugging Face for around $13 billion. The deal includes $11.9 billion for shareholders and up to $1 billion in retention bonuses. Hugging Face has tripled its value in three years. The takeover still needs to be approved by antitrust authorities and is expected to be completed by 2027.

n-tv Wirtschaft

Dax recovers slightly, VW shares lead gains

Developing·1 hour ago

Dax recovers slightly, VW shares lead gains

The Dax was trading at 26,103 points on Friday afternoon, up 0.4 percent. VW shares are the biggest winner after the approval of far-reaching restructuring measures, rising at times by up to 6.8 percent. After three days of losses, the index had just overcome the 26,000 point mark. Investors are looking to surprisingly strong US jobs data for August, which showed 162,000 new non-farm jobs - well above expectations of 56,000. The unemployment rate remained at 4.1 percent.

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