US private sector creates 43,000 new jobs in October

first_img whatsapp Wednesday 3 November 2010 9:11 pm Tags: NULL US firms created more jobs than anticipated in October marginally helping to boost optimism about the job market before the publication of the government’s employment report on Friday.Private employers created 43,000 more jobs last month compared with a revised loss of 2,000 jobs in September, according to payrolls processor ADP Employer Services.Since February the average monthly figure for private job creation has been around 34,000.ADP said this month’s figure was still consistent with the deceleration of economic growth that occurred in the spring. October’s employment increase was not sufficient to lower the overall unemployment rate, it added, given modest GDP growth. It would not be surprising to see several more months of lethargic employment gains, even if the economic recovery gathers momentum, ADP said. KCS-content whatsappcenter_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Show Comments ▼ US private sector creates 43,000 new jobs in October last_img read more

Glencore hit by tax evasion complaint ahead of listing

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was Famous, Now She Works In {State}MoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNews SharperGrab A Tissue Before You See Richard Simmons At 72News SharperThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat NewsMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaGloriousaCouple Had Their Home Demolished Because Of ThisGloriousa Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp Tags: NULL Show Comments ▼ Sharecenter_img whatsapp KCS-content SWISS commodities giant Glencore was hit by accusations of tax evasion at its Zambian subsidiary yesterday, just hours before pressing on with its £7bn flotation in London today.Five international non-governmental organisations lodged a complaint with the Organisation for Economic Co-operation and Development (OECD) alleging accounting manipulations at Mopani Copper Mines, owned by Glencore.The NGOs said an audit by accountants Grant Thornton and Econ Poyry of Mopani from 2006 to 2008, conducted at the request of the Zambian government, showed the company inflating its costs to minimise profit and reporting unusually low levels of cobalt production. The complaint alleged that this lowered Mopani’s net income by hundreds of millions of dollars to avoid it paying tax.The audit allegedly also found evidence that Mopani was selling copper to Glencore at artificially low prices, a practice called transfer pricing that breaches OECD principles of trading between parent and subsidiary firms.In a sign that Glencore may not be ready for the transparency demanded of public companies, it declined to comment. It is due to publish its intention to list a 20 per cent stake in London today, which would value it at about £37bn. Wednesday 13 April 2011 8:48 pm Glencore hit by tax evasion complaint ahead of listing last_img read more