The 10 things to watch in business on Wednesday September 16:

UK labour market figures are coming; Hewlett-Packard has said it plans to cut between 25,000 and 30,000 jobs

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The Independent Online

1. UK labour market figures are coming. At 9.30am UK time, unemployment figures for July will be released, with analysts expecting no change from the 5.6 per cent rate seen in July. Wage growth figures are also out at the same time, and analysts expect a 2.9per cent rise year-on-year, the biggest since 2009.

2. Eurozone inflation figures are coming at 10am UK time. Analysts are expecting no change from the 0.2 per cent year on year rise.

3. The UK is in danger of its diesel pumps "running dry" because of a growing dependence on overseas fuel, a motoring research charity says. Diesel use has risen by 76 per cent over the past 20 years and is twice as popular as petrol, according to a study by motoring research charity The RAC Foundation.

4. Airport workers have staged a 24-hours strike in Chile disrupting travel plans for an estimated 70,000 travellers. The strike was called by air traffic controllers, ground support staff and other airport personnel to demand better retirement benefits.

5. US industrial giant General Electric said it will move about 500 manufacturing jobs outside the United States to Europe and Asia. It blamed Congress for shutting the US Export-Import Bank.

6. Technology company Hewlett-Packard has said it plans to cut between 25,000 and 30,000 jobs. The move is part of an effort to split the company into two units, which is set to take place in November.

7. JD Sports has half-year pre-tax profits of £46.6 million, up 82 per cent and like-for-like sales growth in excess of 10 per cent. But it said the new National Living Wage could also mean fewer jobs as the customers ‘spending power’ was unlike to outweigh higher future labour cost.

8. Miner Glencore announced that it's raised $1.6 billion (£1.6 billion) through a share placement


9. Luxury goods group Richemont sees sales grow 16 per cent in first five months as weaker euro sees tourists flock to its stores with jewellery and leather goods strongest sellers.

10. Inditex Group’s net sales grew 17 per cent year-on-year to €9.4 billion (£6.9 billion) in the first half ended July 31, while its net profit rose 26 percent to €1.2 billion (£0.9 billion). Like-for-like sales were up 7 per cent. Inditex, which owns Zara, Pull & Bear, Massimo Dutti, Bershka and Stradivarius, opened 94 new stores during the first six months of the year, bringing its total to 6,777 across 88 markets.