Telegram boss Pavel Durov announces a new approach towards moderating content and will remove some features that had been abused for illegal activity.
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- Full story: US economy adds 142,000 jobs in August as Fed plans to cut interest rates
European stock markets are lower in early trading, as investors anticipate today’s US employment report (at 1.30pm UK time).
The FTSE 100 index is down 41 points, or 0.5%, at 8200 points. That would be its sixth daily loss in a row, its worst run since May.
“Given the importance of the jobs data, investors should brace for volatility in the wake of the release. Our base case remains for a soft economic landing, though recession risks have increased. We recommend focusing on long-term financial plans and ensuring adequate diversification.”
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