Boxing with giants: Italy's packing robots are not just cardboard cutouts

(This June 28 story corrects Romaco's nationality to German, not Italian, in paragraph 17)

U.S. job growth surges, July rate cut expectations intact

U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.

Oil prices rise on Iran tensions, OPEC output cuts

Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally.

Wall Street retreats as rate cut expectations ease

U.S. stocks declined on Friday, as the S&P 500 retreated after closing at a record for three straight sessions, following an unexpectedly strong U.S. payrolls report that caused investors to rethink how dovish a turn the Federal Reserve may take.

Fed faces tougher task in deciding whether to cut U.S. rates

U.S. employers are hiring workers, but that is only making the Federal Reserve's job harder.

Mexico and U.S. try new trade fix to win over Democrats: official

Mexico is working closely with U.S. Trade Representative Robert Lighthizer to close a loophole in the new North American trade deal, aimed at satisfying demands of U.S. Democratic lawmakers for tougher labor and environmental provisions, a senior Mexican official said.

Tempered expectations of Fed rate cut sink stocks globally

A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the Federal Reserve later this month and weak economic data in Germany helped push global stock indices lower on Friday after hitting record highs earlier this week.

Mexico issues arrest warrants for ex-Pemex CEO Lozoya, family members

Mexico's attorney general's office said on Friday that a judge issued arrest warrants for the former chief executive of state oil firm Pemex, Emilio Lozoya, three of his family members and one other person, in a graft case involving Brazilian builder Odebrecht.

GM, Ford quarterly China sales slide again amid economy woes

General Motors Co and Ford Motor Co announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the U.S. automakers were hit by a slowing economy amid the Sino-U.S. trade war.

UK competition regulator puts brake on Amazon's Deliveroo deal

Britain's competition regulator has stepped in to pause Amazon's deal with online food delivery group Deliveroo while it considers launching a full investigation.

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