S.Africa's Massmart says in talks to close some stores, could cut 1440 jobs

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S.Africa's Massmart says in talks to close some stores, could cut 1440 jobs

JOHANNESBURG, Jan 13 (Reuters) – South Africa’s Massmart Holdings MSMJ.J, majority owned by U.S. retail giant Walmart WMT.N, said on Monday it was in consultations with unions and other stakeholders to close up to 34 stores, which could lead to up to …
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China's Strengthening Yuan Is Smashing Every Key Level in Sight

With a trade deal nearly signed and China’s economy on steadier footing, the path for China’s yuan to strengthen is now wide open. The currency rose to a five-month high Monday, punching past 6.9 per dollar for the first time since August.
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Oil rises as US-Iran conflict eases, focus turns to trade deal

Oil prices rose slightly on Monday as investors shift their focus away from easing Mideast tensions to this week’s scheduled signing of an initial U.S.-China trade deal which could boost economic growth and demand. Brent crude was up 20 cents at $65.18 per …
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US weekly jobless claims fall, but labor market momentum waning

WASHINGTON (Reuters) – New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019 …
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Taco Bell Offering $100000 Salary Amid Mounting Worker Shortage

Wanted: Restaurant manager. Competitive salary: $100,000. The six-figure sum is not being offered at a haute cuisine location with culinary accolades, but at fast-food chain Taco Bell. Amid an increasingly tough U.S. labor market, the company is betting a …
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