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(MENAFN - AFP) The northern German city of Hamburg has passed a law allowing it to requisition empty commercial properties to house asylum seekers, authorities said Friday.

"The parliament of the city of Hamburg adopted the law yesterday," said city spokesman Ulfert Kaphengst.

Private apartments are not affected.

Like the rest of the country, Germany's second ...

(MENAFN - AFP) Wall Street stocks fell sharply early Friday after the September employment report showed the US economy added just 142,000 jobs last month.

About 30 minutes into trade, the Dow Jones Industrial Average was at 16,055.51, down 216.50 points (1.33 percent).

The broad-based S&P 500 fell 25.04 (1.30 percent) to 1,898.78, while the tech-rich Nasdaq Composite ...

(MENAFN - AFP) T-Mobile's chief executive has expressed outrage over a breach at a credit monitoring service that exposed private data from 15 million customers of the mobile carrier.

CEO John Legere's comments came after T-Mobile learned of the hack at Experian, a service used to evaluate applications from potential customers.

T-Mobile said the breach exposed the names, ...

(MENAFN - AFP) New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe's top economy, rose in September, data showed Friday, amid fears the Volkswagen pollution-cheating scandal could weigh on sales in the sector.

A total of 272,500 new cars were registered last month, an increase of five percent compared with the figure for ...

(MENAFN - AFP) Air France on Friday unveiled details of its alternative restructuring plan, including 2,900 job cuts, retiring 14 long-haul planes and reducing flights, union officials said.

Air France-KLM's management on Thursday gave a green light to an alternative restructuring plan after negotiations with its pilots' union on a cost savings plan failed.

"The number ...

(MENAFN - AFP) The US job market faltered in September and hiring in prior months was slower than thought, the Labor Department said Friday in a report pointing to a slowing economy.

The September jobs report gave a downbeat picture of the labor market as the Federal Reserve considers its first interest rate hike in more than nine years, and suggested the economy was being ...

(MENAFN - AFP) Petty graft plagues Tunisia's economy, nearly five years after state corruption triggered the fall of president Zine El Abidine Ben Ali, partly due to lack of political will, experts say.

Corruption was endemic under long-time dictator Ben Ali, whose close circle -- especially his wife's family -- had an iron grip on the economy.

Public debate has again ...

(MENAFN - AFP) Portugal could make eurozone history this weekend by becoming the first bailed-out country to re-elect a government which pushed through harsh austerity measures.

Final polls showed the ruling conservative coalition is on course to win Sunday's general election, although it is likely to lose its parliamentary majority.

With the Prime Minister Pedro Passos ...

(MENAFN - AFP) New Zealander Jason Lee lies face down on a Rio de Janeiro floor, his arm twisted in a painful lock. But the 26-year-old couldn't be happier -- it's exactly what he came halfway around the world to experience.

As pastry chefs might make pilgrimages to France or mystics to India, so hardened fighters from around the globe beat a path to Rio gyms to learn Brazilian ...

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