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In April, German business confidence fell to 102.1 points from 114.7 points a month earlier, the data of the IFO research institute showed. The decline is fixed for the fifth consecutive month. Analysts had predicted the fall of the index to 102.8 points. Indicator, indicating the attitude of entrepreneurs to the current situation, fell to 105.7 points from 125.9 points in March. The indicator of expectations of managers of enterprises for the near future decreased by 5.7 percentage points to 98.7 points. The deterioration in the confidence index is noted in retail and wholesale trade. At the same time, in the construction sector, the index reached a new record level.
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
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 ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
SensorTower announced on Wednesday that Apple (AAPL) removed more than 2,500 games from the China App Store in the first week of July. The move came after the U.S. tech giant closed a loophole to comply with China’s license requirements. Apple ...
Oil prices traded lower in Asia earlier on Monday, a few days before OPEC’s technical meeting scheduled on Wednesday. Investors are expecting that OPEC would further recommend the easing of its current supply cuts in a bid to reverse ...
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