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Global shares lower ... Trump touts jobs returning to US ... Qatar Airways buys stake in Chile's LATAM



Estimated read time: 2-3 minutes

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TOKYO (AP) — Global shares mostly fell in thin trading today, taking their cues from a slide on Wall Street. A stronger yen helped send Japanese stocks lower. In early trading, France's CAC 40 lost 0.5 percent, Germany's DAX fell 0.5 percent and Britain's FTSE 100 sank 0.3 percent. U.S. shares are set to drift lower with Dow futures down nearly 0.1 percent and S&P 500 futures down 0.05 percent.

PALM BEACH, Fla. (AP) — President-elect Donald Trump is applauding the return of 8,000 jobs to the United States. Trump on Wednesday touted plans by a Japanese mogul to bring jobs to the United States. They could be the first of the 50,000 jobs that tech billionaire Masayoshi Son promised to create after meeting with Trump earlier in December. Son is the founder and chief executive of SoftBank, one of Japan's largest technology outfits. He owns the U.S. mobile carrier Sprint.

DUBAI, United Arab Emirates (AP) — Qatar Airways says it has purchased a 10-percent stake in Chile's LATAM Airlines Group for $608 million. The Doha-based state airline announced the stock purchase late Wednesday. LATAM was created when Chile's LAN took over Brazil's TAM in 2012. The airline flies to some 140 destinations in 25 countries.

DUBAI, United Arab Emirates (AP) — Dubai-based port operator DP World says it has increased its stake in a company operating out of South Korea's Busan port. DP World says it's purchased an additional 23.94-percent stake in Pusan Newport Co. Ltd. from Samsung Corp. & Subsidiaries. That puts DP World's overall stake in the company to 66.03 percent. South Korea's Yonhap news agency, quoting an anonymous source, puts the value of the deal at close to $249 million.

WASHINGTON (AP) — The Labor Department will release the weekly jobless claims numbers today, Also, Freddie Mac will report on the weekly mortgage rates.

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The Associated Press

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