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Economy BBC

US jobs growth tails off in May
The US economy created 75,000 jobs in May, the Labor Department says, well below expectations.

Fuel fears puncture US car sales
Surging US fuel prices crimp US sales of big sports utility vehicles leading to a drop in sales at the US's big three.

Opec keeps oil quotas unchanged
Oil group Opec is keeping oil production levels unchanged, following a meeting of members in Caracas.

New World Bank cash for Pakistan
Pakistan is to receive up to $6.5bn from the World Bank under a new four-year assistance programme.

EU work law talks hit stalemate
Talks to let the UK continue opting out from the European Union's 48-hour working week fail to make progress.

Fund to spur African investment
Business and political leaders in Africa launch a $550m (£294m) fund to promote investment in the region.

Mixed US economic signals
Latest US figures give a mixed view of the world's largest economy, but analysts say rates could still go up again.

Mandelson rejects trade criticisms
EU Trade Commissioner Peter Mandelson rejects criticism that the EU's trade agenda has been "anti-development."


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