Markets News Afternoon: US manufacturing sector grew in May at slower pace - - construction spending increased in April; HP to cut 9,000 jobs; BP’s shares plunge 13%
Jun 1st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; US manufacturing sector expanded in May at slower pace while construction spending increased in April. Meanwhile, IT giant Hewlett-Packard (HP) is to cut 9,000 jobs and BP's shares plunged 13% after abandoning attempts to fix the oil leak in the Gulf of Mexico.