In August of this year, the index of investors' and analysts' expectations for German economy for the next six months rose to minus 13.7 points from minus 24.7 points in July, according to the data of the ZEW research institute. Experts had predicted the growth of the index to minus 21.3 points. In the previous two months there was a decrease in the index. The indicator, which determines the attitude towards the current situation in the country's economy, increased in August to 72.6 points from 72.4 points. ZEW President, Achim Wamba, noted that investors' expectations for the German economy have improved thanks to the recent agreement between the EU and the US.
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 ...
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
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 ...
South Korea on Wednesday announced that it would scale back its plans to impose capital gains taxes on stock investments after numerous complaints from retail investors. However, taxes will, instead increase for top earners as part of changes ...
After a record decline seen last quarter, Britain’s economy is expected to grow at its most rapid pace in decades. The recovery is likely as large portions of the economy resumed operations after coronavirus-related lockdowns were lifted. Despite ...