Business Today: U.S. monthly job gains largest in three years; wages rise

		Click to View in Browser 12/5/2014 U.S. monthly job gains largest in three years; wages rise WASHINGTON (Reuters) - U.S. employers added the largest number of workers in nearly three years in October and wages increased, which could bring the Federal Reserve closer to raising interest rates. Futures drift higher ahead of key jobs report NEW YORK (Reuters) - U.S. stock index futures edged higher on Friday ahead of the key employment report for November, which investors awaited for clues on the strength of the world's largest economy and the next policy move from the Federal Reserve. U.S. trade deficit narrows slightly; exports rise WASHINGTON, Dec 5 (Reuters) - The U.S. trade deficit narrowed less than expected in October as lower crude oil prices failed to offset a jump in imports, while an increase in exports suggested the economy was weathering faltering global demand. Brent falls close to $69 after Saudi price cut LONDON (Reuters) - Brent crude fell close to $69 a barrel on Friday, putting it on track for a second weekly decline, as cuts to official selling prices from Saudi Arabia reverberated across the market. Japan Credit Rating Agency cuts Takata to A-, outlook negative TOKYO (Reuters) - The Japan Credit Rating Agency cut its credit rating on Takata Corp by one notch to A- on Friday, saying the company was likely to face increased costs over an expanded airbag recall in the United States. Alstom union fears 320 job cuts at Belfort train-making plant PARIS (Reuters) - Alstom , which is selling most of its power arm to General Electric to focus on train-making, could halve staff at its Belfort plant in eastern France to cope with flagging locomotive demand, Alstom's main union warned on Friday. Struggling Sony to cut pay even as PM Abe calls for higher wages TOKYO (Reuters) - Sony Corp is likely to cut average pay next year in a rare move for a big Japanese company, and one that goes against Prime Minister Shinzo Abe's push for higher wages to get the economy moving. Airbus lags Boeing but faces tense end to order race PARIS (Reuters) - Europe's Airbus sold 248 jets in November, but remained behind Boeing as both planemakers accelerated towards what could be a tight finish to their annual order race. Honda to recall 135,000 cars in Japan as Takata air bag fallout spreads TOKYO (Reuters) - Honda Motor Co will soon recall 135,000 vehicles in Japan as recalls in the United States involving potentially defective air bags by Takata Corp expand, a Honda spokeswoman said on Friday. Fiat Chrysler launches $2.5 billion mandatory convertible bond, share offer MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) said on Thursday it had launched an expected share offer and a $2.5 billion mandatory convertible bond as it seeks to reduce its mounting debt pile and fund an ambitious five-year investment plan. Related Video Reuters on the Road: Disrupting the bank of mum & dad Asia Week Ahead: Data to show cooling China Economic News U.S. monthly job gains largest in three years; wages rise Europe shakes off ECB doubts before U.S. jobs data A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend