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Activity in the private sector in the eurozone rose in September at the slowest rate in 4 months, IHS Markit reported. According to the company's final data, the composite index of production in the private sector of the eurozone was 54.1 points, getting down from 54.5 points in August. Nevertheless, growth in the sector has been maintained for 63 months in a row. The reason for the slowdown is the weakening of production activity, which showed the slowest growth in production since May 2016. At the same time, the services sector rose to a 3-month high in September. The index of purchasing managers in this sector reached 54.7 points.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
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 ...
On Monday, United Airlines (UAL.O) announced that it would continue adding more flights for international routes in September. The airline company plans to reintroduce flights that were canceled due to coronavirus pandemic. United Airlines ...
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