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This is just a sample article
By Lucia Mutikani WASHINGTON (Reuters) - U.S. employment likely rose strongly in February with the jobless rate slipping, signs that could encourage the Federal Reserve to consider hiking interest rates in June. A Reuters survey of economists forecast a 240,000 increase in nonfarm payrolls after a 257,000 gain in January. "The jobs picture remains extraordinary healthy," said Jacob Oubina, an economist at RBC Capital Markets in New York. The jobless rate was forecast to fall one-tenth of a percentage point to 5.6 percent, while average hourly earnings were seen rising 0.2 percent after jumping 0.5 percent in January.
Business software maker SAP SE will cut about 2,250 posts, or around 3 percent of its global workforce, while creating a similar number in expanding parts of the company, as it accelerates a push to sell its products via the Internet. Last year SAP, Europe's largest software maker, which employs about 75,000 workers worldwide, cut a similar percentage of posts, said Stefan Ries, SAP's chief of human resources. He said SAP expects to create about 2,200 jobs this year in growth areas such at its cloud business, its in-memory database Hana and Concur, the expenses software maker it bought last year for $7.3 billion. Established software makers such as SAP are battling to boost internet software sales and fend off pure cloud-based rivals such as Salesforce.com and Workday .
By Wayne Cole SYDNEY (Reuters) - The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying. The same balance of risks kept most equity investors guarded with MSCI's broadest index of Asia-Pacific shares outside Japan edging up 0.4 percent.
Federal Reserve policymakers should not wait too long to raise interest rates, a top U.S. central banker said on Thursday, because doing so could mean "drastically" overshooting on inflation and forcing the Fed to hike rates dramatically. "I think that by mid-year it will be the time to have a serious discussion about starting to raise rates," San Francisco Fed chief John Williams said. "I see a safer course in a gradual increase, and that calls for starting a bit earlier." The hawkish remarks from the normally centrist Williams do much to suggest the era of rock bottom interest rates is nearing an end. Williams' concern over waiting too long marks a stark contrast with the dovish worries of another policymaker, Chicago Fed chief Charles Evans, who earlier this week called for delaying rate hikes until 2016, citing the dangers of premature rate increases.
Online taxi service provider Uber Technologies Inc said on Friday it would suspend its low-cost uberX ride service in South Korea, in another concession by the U.S.-based firm trying to avoid a total ban in Asia's fourth-largest economy. Uber said the decision to suspend the service in Seoul, effective Friday, was part of its efforts to bring its business in line with local regulations. "We stay committed to cooperate to reach a compromise with the city and taxi industry, and look forward to working together to bring regulated options to Seoul," Uber said in a statement. An official at the city of Seoul said the authorities would review Uber's decision in detail before deciding on a response.