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According to the IHS Markit survey, in November, the UK manufacturing activity index was 53.1 points, an increase of 51.1 points compared to the October minimum for 27 months. The growth rates of the manufacturing sector in Britain were in November the fastest in 2 months and exceeded the rise to 51.7 points expected by economists. As the head of IHS Markit, Rob Dobson, said, there was a risk of reduced production in the last quarter of this year, since it was not expected that manufacturing production would be able to contribute to the growth of British GDP.
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 ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
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 ...
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