(IHS Markit) China’s Business Activity Index showed a reading of 51.4 in January, down from 53.1 in December, as measures to slow down the rising Covid-19 cases hurt growth. Overall…
(Halifax) UK house prices rose by a monthly 0.3% in January, the lowest increase since June 2021, pushing the average cost of ownership to a new record 276,759 pounds. The…
Bitcoin reclaimed levels above $40,000 on Friday, a day that saw some major tech stocks rebound from previous day losses, as investors bet on the positive correlation. An intraday gain…
(BLS) US total nonfarm payroll employment increased by a robust 467,000 in January, better than the estimated jump of 150,000. The unemployment rate retained a 4.0% rate in January, remaining…
(Ford) Ford announced a net income of $12.3 billion in the fourth quarter of 2021, up from a loss of $2.8 billion reported in the prior year. EBIT was reported…
(Unity Software) Unity Software Inc. registered a revenue of $315.9 million in the fourth quarter of 2021, up 43% from the prior year. The company’s Create Solutions segment posted therevenue…
(Eurostat) The volume of retail fell by 3.0% in the euro area in December, a downturn after increasing by 1.0% in November. The retail sales also fell in the EU,…
(IHS Markit) Eurozone Construction Total Activity Index was posted at 56.6 in January, up from 52.9 in December, its highest since the first month of 2018. The expansion in construction…
(Bloomberg) Myanmar’s military government has earmarked the launch of a digital currency to boost local payments and the ailing economy. The military government says it is assessing how to proceed…
(Amazon Inc.) Amazon’s stock rose about 12% on Friday, with investors excited about its cloud revenue which hit $17.8 billion in the fourth quarter, more than estimates of $17.37 billion.…
(Snap Inc.) Shares of Snap Inc. rose as much as 62% in premarket on Friday as the company reported a net income of $23 million in the fourth quarter of…
(IHS Markit) The rate of growth of output in the US service sector in January was the weakest in 18-months, with the PMI index at 51.2, down from 57.6 the…