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Industrial production in the UK fell in November 2018 by 0.4%, in the previous month, the figure fell by 0.5%, according to the British Office for National Statistics (ONS). By November last year, industrial output fell by 1.5%. Analysts had expected a monthly decline of 0.2%, and the annual - by 0.7%. All areas of the British industry have undergone a decline in indicators, except for the pharmaceutical, woodworking and paper industries. The maximum decline in industrial production was noted in metallurgy and the production of electrical equipment. The decline in November was 3.6% and 3.4%, respectively. At the same time, the negative trade balance rose to 12 billion pounds from 11.9 billion pounds in October.
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Oil prices fell on Thursday after OPEC+ agreed to lessen output cuts from August, though the decline was dampened by a recovery in demand as U.S. crude stocks had an unprecedented drop. Brent crude slid 0.3%, or 13 cents, at $43.66 per barrel. ...
Britain’s retail industry encouraged UK and EU negotiators to arrive at a post-Brexit trade deal. This came after the retail industry stated that consumers will endure higher prices from next year if a tariff-free trade is not guaranteed. Thousands ...
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