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The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

World Business Report: Positive US Jobs Numbers

05/07/2013

Positive US Jobs Numbers

BBC World Service - World Business Report, Positive US Jobs Numbers

Could the number of new jobs created in the US last month a sign of economic recovery?

Could the number of new jobs created in the US last month a sign of economic recovery? Will it mean the end of monetary stimulus?

The number of new jobs created in the US last month was well ahead of most analysts' forecasts. Is this a sign of recovery in the US? Could this be the end of monetary stimulus? 

In Brazil, the poster child for the country's economic boom, Eike Batista, is dealing with a major bust. The Brazilian billionaire is having to pick up the pieces of the major conglomerate he owns, after it collapsed.

And, a country in economic turmoil - the Greek government is under pressure to shed 4000 public sector jobs - or lose the next instalment of its bail out cash from the EU, the IMF and the European Central Bank. Nigel Cassidy is in Athens with the latest.

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