GDP Grows by 2% in the Euro Area and 1.9% in the EU in Q2
(Eurostat) The euro area recorded a 2.0% quarter-over-quarter jump in the gross domestic product in the second quarter, exceeding the EU’s 1.9% in the same period. The GDP jump was…
(Eurostat) The euro area recorded a 2.0% quarter-over-quarter jump in the gross domestic product in the second quarter, exceeding the EU’s 1.9% in the same period. The GDP jump was…
(Reuters) The president of Boston Fed Eric Rosengren says if the US posts another strong job gains, it will satisfy the central bank’s requirements for tapering bond purchases. Rosengren referred…
(Bloomberg) Foreign banks can now resume profitable currency trade in India after the central bank loosened its grip on sovereign bonds. The Reserve Bank of India ruled that foreign sovereign…
(BHP) BHP board approved a record final dividend of $2.00 per share, with total shareholder returns now exceeding $15 billion for the financial year ended June 30. Profit from operations…
(CNBC) Tencent led Chinese stocks in Tuesday's plunge, shedding about 3.5%, after Beijing issued draft rules to tame unfair competition among technology firms. Jack Ma’s Alibaba fell 2.5%. China’s draft…
(Office for National Statistics) The UK recorded a lower unemployment rate of 4.7% between April and June quarter, down 0.2% from the previous quarter, and better than expected 4.8%. The…
(Moderna) Moderna Inc. has agreed with the Government of Canada to supply as much as 105 million doses of its Covid-19 vaccine, upon approval, and its booster vaccine candidate The…
(WSJ) Hyatt Hotels Corp. is seeking to buy Apple Leisure Group from KKR and travel and leisure firm KSL Capital Partners LLC for $2.7 billion. The deal to acquire Apple…
(Rightmove) The average price of property coming to the UK market plunged by 0.3% or 1,076 pounds in August, the first decline this year. The decline in property prices reflects…
(Walmart) Walmart is recruiting for the position of digital currency and cryptocurrency product lead in its drive to make inroads into blockchain technologies. The candidate for the position is expected…
Oil giant Saudi Arabia is in advanced talks to acquire about 20% stake in Reliance Industries Ltd for $20 billion to $25 billion. The deal in Reliance will be all-stock,…
(NBS) The average prices for new homes in China’s major cities increased by 0.3% in July from the previous month, a slow growth compared to a 0.5% rise in June. …