Friday, June 3, 2016

#USA - economy suffers weakest growth since 2010 adding 38,000 jobs: wochit Business

Published on 3 Jun 2016
The US economy added just 38,000 jobs in May for the weakest growth since 2010. It gained 122,000 fewer jobs than expected ahead of a crucial meeting of the Federal Reserve. The department of labor announced Friday that the unemployment rate slipped down to 4.7%. A strike by 40,000 Verizon workers impacted the numbers. However, including them in the count would still account for less than half of expected job growth. The massively disappointing report is the last before the Fed’s next two-day meeting on June 14 when the US central bank may raise interest rates again. It is sure to add to speculation that a rate hike could be delayed until July
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#USA - Jamie Dimon: 'We are not losing talent to Silicon Valley. Political environment is 'terrible' : CNNMoney

Published on 3 Jun 2016
JPMorgan CEO Jamie Dimon says the competition from Silicon Valley is real and keeps the bank on its toes, but says "we are chalk full of talent. We can hire most people we want."
Published on 3 Jun 2016
JPMorgan CEO Jamie Dimon says the state of U.S. politics in this election cycle is "terrible" and that the electorate is being "jazzed up" and "manipulated."

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#France - Water Levels Continue to Rise in Flooded Paris: Wall Street Journal

Published on 3 Jun 2016
At least two people have died, as water levels continue to rise in Paris.
The Seine River reached its highest level since 1982 and could peak at more than 19 feet later in the day, twice its normal height, according to local authorities. Photo: Reuters
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Hummingbird Resources (LON:HUM) eyeing Mali gold production in 16 months: ProactiveInvestors Stocktube

Published on 3 Jun 2016
Bert Monro, head of business development at Hummingbird Resources PLC (LON:HUM), says the fundraise for up to £52.7mln for the Yanfolila gold mine in Mali has been “extremely well supported by new and existing shareholders, and management are taking part as well.”

He expects the project to be high margin, explaining that “the combination of the grade and open-pit mining means that you’re able to drive extremely high returns.” Crucially Hummingbird anticipates gold production in around 16 months time.

Monro says Hummingbird is looking to hire some key positions both for the immediate construction as well as over the longer-term and, because not too many projects are currently being commissioned globally, it makes the job of hiring “world-class” people that bit easier.

 http://www.4-traders.com/HUMMINGBIRD-RESOURCES-LTD-6978593/



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