The US economy created many more jobs than expected in December, according to the latest government data. Employers added 312,000 jobs, far ahead of predictions of 177,000, the Labor Department said.
Three former Credit Suisse bankers have been arrested over their alleged role in a US$ 2bn fraud scheme connected to firms in Mozambique, according to US authorities. The men have been released on bail in London while the US seeks their extradition.
Apple has rattled investors with news that its sales have been slowing, blaming economic weakness in China. In a surprise disclosure, the iPhone maker said it anticipated revenue of about US$ 84bn for the three months to 29 December. In November it forecast sales of at least US$ 89bn - a prediction that had already disappointed investors.
Donald Trump's offer of a quick, massive, bilateral trade deal will not be possible if Theresa May's EU withdrawal agreement is approved, the US ambassador to the UK has warned. President Trump had previously said her Brexit proposal sounded like a great deal for the EU Woody Johnson told the BBC the UK was in need of leadership over Brexit.
United States scientist Larry Roberts who helped design and build the forerunner of the internet has died aged 81. In the late 1960s, he ran the part of the US Advanced Research Projects Agency (Arpa) given the job of creating a computer network called Arpanet.
Academics of the Central University of Venezuela (UCV) debated between December 20 and 26 on the constitutional end of Nicolás Maduro's office term between 2014-2019 and propose three clear lines against the question of the oath of office on the 10th of January. The new period (2019-2025) won't be recognized by the International Community.
Authorities in Brazil say they are making massive security preparations for the inauguration of President-elect Jair Bolsonaro on Jan. 1. Security around the future president has been high since he was stabbed with a knife on Sept. 6, causing a ruptured intestine.
Peru's gross domestic product (GDP) is set to expand 3.7% this year and the next, boosted by the good performance of private investment and consumption, according to The Economist.
Wall Street marked its best day in 10 years as stocks rallied back on Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow Jones Industrial Average jumped more than 1,000 points — its biggest point-gain ever — rising nearly 5% as investors returned from a holiday break. The benchmark S&P 500 index also gained 5% and the technology heavy Nasdaq rose 5.8%.
Venezuela’s foreign ministry on Tuesday described as “interventionist and disrespectful” U.S. comments on a weekend incident in which the country’s navy stopped two ships exploring for oil for Exxon Mobil off Guyana’s coast.