In July, construction volumes in the euro area rose by 0.3% compared to June, Eurostat reported. A month earlier, construction in the euro area increased by 0.7%. Compared to July last year, growth was 2.6%. In the European Union, construction volumes in July rose by 0.4% in the monthly and by 3.9% in annual terms. The largest increase compared to the previous month showed Slovenia - 7%, Hungary - 4.6% and Slovakia - 3.8%. The decrease in construction was observed in Romania - by 9.1%, France - by 1.8%, and Poland - by 1%.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
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 ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
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 ...
The Dollar fell on Tuesday, with the Euro and the British Pound Sterling gaining strength on the back of news that European Union leaders have agreed to roll out additional recovery funds in the region. New hopes for a potential COVID-19 vaccine ...