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The Recruitment & Employment Confederation surveyed British employers, the results of the survey showed that their confidence in the UK economy improved significantly due to the postponement of the Brexit deadline from March 29 to October 31. The corresponding index rose in June by 3 points to minus 26 points. The indicator, which determines the intentions of British companies for employment and investment, also showed a significant growth, having increased by 4 percentage points to 1 point. The indicator indicating the plans of companies to hire temporary workers was 4 points versus 2 points in the previous month. Their medium-term hiring plans have also become more optimistic. The corresponding indicator was 5 points, rising from 4 points.
The outlook for India’s struggling economy has darkened further on weak business activities and surging virus cases. This will likely prompt the Reserve Bank of India to lower interest rates again, a Reuters survey showed. According ...
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
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