Retail sales in the euro area declined in August by 0.2% after falling 0.6% in the previous month, Eurostat management reported. The monthly figure did not coincide with analysts' forecasts, who had expected it to rise by 0.2%. The annual growth rate of retail sales by 1.8% exceeded the estimates of experts who had predicted a growth of 1.7%. Retail sales in the EU countries retained the volume of the previous month. Compared with the same month last year, their volume increased by 2.4%. Monthly sales fell most of all in Latvia - by 1.2%, in Poland and France - by 0.7%. The most notable growth rates were noted in Sweden – 1.2%, and in Portugal - 1.1%.
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 ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
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 ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...