Economic News



Eurozone PMI shows best performance in six years
Eurozone PMI shows best performance in six years

IHS Markit's Flash Composite Purchasing Managers' Index dropped to 55.7 in June from the 56.8 it hit in April and May. The quarter of...

U.S. suspends imports of Brazilian meat
U.S. suspends imports of Brazilian meat

The U.S. Department of Agriculture announced on Thursday about the suspension of all imports of meat from Brazil for sanitary reasons. 

South Korea: Cooperation with North is possible only with force
South Korea: Cooperation with North is possible only with force

South Korea President Moon Jae-in said in a media briefing on Friday that any cooperation with North Korea would be possible when the South has...

Ireland raises 3 billion euros in Europe’s biggest IPO
Ireland raises 3 billion euros in Europe’s biggest IPO

The Irish government raised about 3 billion euros by selling a 25% stake in the country's second-largest bank, Allied Irish Banks Plc (AIB)

Qatar Airways wants to buy 10 percent stake in American Airlines
Qatar Airways wants to buy 10 percent stake in American Airlines

Qatar Airways intends to buy 10 percent of American Airlines shares for $808 million. Qatar air carrier considers the deal a good investment...

Oil up slightly
Oil up slightly

Oil rose on Friday, recovering slightly after a sharp fall earlier in the week, but crude oil has weakened in the first half decline in the past...

Review: Dollar heads for its best performance since early April
Review: Dollar heads for its best performance since early April

The dollar was poised for its best week in more than two months on Friday as further Federal Reserve's monetary tightening is seen...

Review: Asian stocks fluctuate in thin trading
Review: Asian stocks fluctuate in thin trading

Asian stocks were nearly unchanged on Friday but still on course for a weekly rise. 

Review: U.S. stock market shows slight increase
Review: U.S. stock market shows slight increase

The S&P 500 index rose more than 1 point to 2,435. Health-care stocks increased by 0.7%, while leading the financial and consumer-staples...

UK manufacturing demand rises to 30-year high
UK manufacturing demand rises to 30-year high

Britain’s factories reported the strongest demand for their products in almost 30 years, the CBI says. The main reasons are sharp drop in...

Central Bank: Kiwi has high potential for growth
Central Bank: Kiwi has high potential for growth

On Thursday, the New Zealand dollar was the main driving force in a little bit dormant market in major currencies, rose 0.5 percent after the...

McDonald's to deliver food in the UK via UberEats
McDonald's to deliver food in the UK via UberEats

McDonald's has launched new service "McDelivery" in the UK in cooperation with UberEats. 

Review: European stock markets weaken
Review: European stock markets weaken

European stock markets fell for a third consecutive day as oil prices are near a seven-month low fueled by negative expectation about supply glut...

ECB to launch instant payment service for euro area
ECB to launch instant payment service for euro area

The European Central Bank (ECB) will create a new service for the settlement of instant payments in the euro area, which will allow consumers and...

Oil prices continue to fall
Oil prices continue to fall

Oil prices fell sharply on Thursday after posting a slight increase in the beginning of the session, as traders are willing to test new lows for...


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