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The US unemployment rate drops sharply to 8.6% in November, its lowest level in two-and-a-half years, from 9% the month before, figures show.
German Chancellor Angela Merkel says Europe is working towards setting up a "fiscal union", in an effort to resolve the eurozone's debt crisis.
Global stock markets climb again
Global stock markets gain - with the US having its best week in two years - as Europe's leaders call for closer integration and US unemployment drops.
Article written by Robert Peston
Robert Peston
Business editor
08:52 UK time, Thursday, 1 December 2011
A contraction of Chinese manufacturing, shown by data just released, may be more immediately worrying for Europe than for China, because it may confirm that the eurozone, which is a big market for Chinese goods, is already in recession (and the UK may not be far behind).
Article written by Stephanie Flanders
Stephanie Flanders
Economics editor
11 hours ago
The big players in the eurozone crisis have spoken - what have we learned?
US manufacturing growth speeds up
The pace of growth in US manufacturing, car sales, and construction accelerates, surveys indicate.
Debt crisis in 'critical period'
EU finance ministers meet in Brussels after amid warnings that the region has days to take decisive action to resolve the crisis.
Nigerian bank chief wins award
Nigeria's central bank governor Lamido Sanusi is voted Africa Person of the Year by Forbes magazine.
Ex-Olympus boss leaves firm board
Ex-Olympus chief Michael Woodford resigns from the company's board to launch a campaign to oust the other board members.
Bhopal protesters burn Coe effigy
Survivors of India's Bhopal gas disaster burn an effigy of London 2012 Olympics organiser Lord Coe in protest at Dow Chemical's role in the Games.
Talking apps down on the iFarm
Has agriculture been neglected by the technology community? Dave Lee meets farmers looking at ways to utilise apps and other software to help them become more efficient.
Homebuilder Berkeley profits rise
Homebuilder Berkeley reports a strong rise in pre-tax profits boosted by strong demand in London and the South East
Pension inflation move 'lawful'
The government's public sector pensions policy is given a major boost following a ruling at the High Court.
Fall in Americans out of work02:03
Brazil boosts trade with Scotland02:28
Car makers fears over debt crisis02:00
Inside Warsaw's Euro 2012 stadium01:57
US jobs recovery 'slow and patchy'02:33
How the US job market is changing02:00
Could the ECB save the eurozone?03:14
Argentina enjoying economic boom02:27
Economic muscle
Adapting is the key to India's success
Long-term goal
Brazil looks for legacy beyond 2014 World Cup
Yen brake
Japan’s motor industry calls for their currency to weaken
Green growth
South Korea's drive for renewable energy
The multi-millionaire at the forefront of Chinese philanthropy
Fancy building your own social network?
Argentines reflect on the decade following the country's economic collapse
An Israeli start-up helps the UK save water.
Last Updated at 19:43 ET
| Market index | Current value | Trend | Variation | % variation |
|---|---|---|---|---|
| Dow Jones | 12019.42 | Down | -0.61 | -0.01% |
| Nasdaq | 2626.93 | Up | 0.73 | 0.03% |
| S&P 500 | 1244.28 | Down | -0.30 | -0.02% |
| FTSE 100 | 5552.29 | Up | 62.95 | 1.15% |
| Dax | 6080.68 | Up | 44.80 | 0.74% |
| BBC Global 30 | 5582.36 | Up | 32.92 | 0.59% |
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Global economy: news and analysis