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Industrial production in the eurozone declined by 0.9% in April, compared with a 0.6% increase in March, according to data from Eurostat. Experts had expected a decrease of 0.7%. In annual terms, production grew by 1.7%, while analysts had expected growth of 2.5%. The volume of industrial production in the European Union in April fell by 0.8% compared to March and increased in annual terms by 1.7%, as in the euro area. In monthly terms, the biggest decline was registered in Lithuania - by 7.9%, and the Netherlands - by 4.4%. The highest growth was recorded by Ireland - by 9.1%, and Romania - by 2.1%.
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
Asian shares fell on Thursday as the U.S.-China tensions overshadowed hopes for more economic stimulus after Washington ordered the closure of Beijing’s consulate in Houston amid spying allegations. China called the order an “unprecedented ...
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 ...
On Tuesday, Snap Inc.’s (SNAP.N) stock price declined by more than 11% in after-hours trading as investors digested the company’s user and revenue growth after its second-quarter earnings report. The social media company reported ...
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