The BriefYour world right now

55 mins ago

Thousands of Syrian refugees have reached Austria after a 100-mile journey.

  The refugees left Hungary on foot in order to avoid chaos and confrontation with the authorities, who had tried to place them in camps and blocked them from leaving the country. Officials backed down Friday night, supplying buses to help transport the Syrians to the Austrian border.
September 04, 2015

The US unemployment rate is down to 5.1%.

  The economy added 173,000 new jobs during the month of August. Though short of analysts’ predictions, it’s a pretty darn decent number.
September 04, 2015

Asia-Pacific markets get no respite.

  Japan’s Nikkei led a fall among most Asia-Pacific indexes, dropping 2.2%; the MSCI Asia-Pacific index, a regional gauge, rose by 0.2% but was still down over the week. Mainland China markets were closed for a second day, which no doubt removed some volatility, but nervousness over US employment numbers reduced overall confidence.  
September 04, 2015

US authorities give AstraZeneca’s “blockbuster” heart drug the nod.

  The Food and Drug Administration gave Brilinta, a blood thinner produced by the Anglo-Swedish drugmaker, the all-clear for continued use after the first 12 monthsfollowing a patient’s heart attack. The company had already predicted the drug would earn $3 billion in annual revenue; extending its use is expected to increase that figure.  
September 04, 2015

BASF completes a long-delayed asset swap with Gazprom.

  The German chemicals giant will hand over a stake in a North Sea oil and gas exploration unit as well as its stake in the two companies’ joint venture; Gazprom will deliver shares in a Siberian gas field to a BASF subsidiary. The deal was first agreed in 2013 but political difficulties had hindered its execution.
September 04, 2015
Chart of the Moment

China has made key stock market data—from two weeks before the crash onward—mysteriously unavailable.

September 04, 2015

An Egyptian billionaire wants to develop an island for refugees.

  Naguib Sawiris offered to buy an outpost from Italy or Greece.  
September 04, 2015

It’s healthy to spend your childhood rolling around in dirt.

  Sorry, city kids and germaphobes. Something about farm dust protects people from developing allergies and asthma.

Top Stories on Quartz

the brief our picks popular latest obsessions search