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Policymakers do not know how much the slowing global economy will undercut a strong U.S. labor market. The jobless rate has trended lower for nearly a decade and while Friday’s data showed it ticking higher due to growth in the labor force, it remained near a 49-year low at 3.9 percent. U.S vintage cufflinks and studs. central bankers worry a tight labor market will eventually lead to higher inflation. With wage gains still tepid and inflation under the Fed’s 2 percent target, the job openings data could add heft to anecdotes detailing labor shortages collected by the Fed in recent months as part of its Beige Book report..
FRANKFURT (Reuters) – German carmaker BMW (BMWG.DE) on Tuesday said it achieved record sales of 2.49 million BMW, Mini and Rolls-Royce vehicles last year. “BMW Group achieved record sales in 2018. 2.49 million vehicles mean the BMW Group is the world’s leading premium automotive company for the 15th year running,” Chief Executive Harald Krueger said vintage cufflinks and studs. Daimler has not yet released annual sales figures for Mercedes-Benz passenger cars, so it remains unclear whether BMW brand overtook Mercedes-Benz in terms of sales in 2018..
BEIJING/SHANGHAI (Reuters) – China’s indebted HNA Group met bankers on Tuesday to tout the latest assets that the sprawling conglomerate is putting on the block as it looks to raise funds and stave off an intensifying cash crunch. The range of assets, spanning a hotel project in frozen Harbin and stakes in struggling online lender Dianrong, insurer Bohai Life and brokerage HNA Futures, underscores how the group is shedding almost all non-core businesses as it pares back an empire that once spread from Deutsche Bank to Hilton Worldwide vintage cufflinks and studs.
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But faced with soaring debt and increased government scrutiny of aggressive deal-making, HNA has pushed ahead with asset sales that have so far included real estate and stakes in hotels groups, and discussions on key overseas units such as Ingram Micro and its luxury $300 million-plus corporate “Dream Jet”. Reuters reported last month, citing people familiar with the matter, that China Development Bank [CHDB.UL] was leading a team to supervise asset disposals as the group looks to scale back operations to just core assets vintage cufflinks and studs.