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Retail sales in the UK rose 0.3% this August after rising 0.9% in July, data from the Office for National Statistics showed. For economists, who had expected sales to fall by 0.2%, the growth of the index was a surprise. In annual terms, the volume of retail sales in the country increased by 3.3% with the forecasted increase by 2.3%. The growth of sales was promoted by the hottest summer in the history of Great Britain. Excluding fuel for cars, sales growth was 3.5% compared to July and 3.5% compared to the same month in 2017. From the beginning of the year to August, retail sales grew by 3.4% year-on-year.
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 ...
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