Consumer confidence in France reached a 14-month high
Consumer confidence in France improved in June to a 14-month high. Such data was published by the French statistical office Insee. The corresponding index was 101 points, having increased from May value of 99 points. According to economists, ...
German consumer confidence index to fall in July
In July, consumer confidence in Germany is expected to deteriorate, according to a survey by research firm GfK. The consumer sentiment index was 9.8 points, down from the June value of 10.1 points. In June, there was a stabilization of economic ...
Apple buys autonomous vehicle startup Drive.ai
Axios announced the acquisition of Drive.ai, a manufacturer of systems for unmanned vehicles, by the American company Apple. The agency received confirmation from Apple of this acquisition, but the corporation did not disclose how much the ...
FedEx reported quarterly loss amid slowing global growth
The report of the FedEx Corporation, which provides logistics services worldwide, for the fourth fiscal quarter to May 31 showed that its net loss was $1.97 billion, whereas a year earlier it reported a net profit of $1.13 billion. Adjusted ...
Libra may be viable, according to Fitch
Experts of the international rating agency Fitch believe that Libra, Facebooks' cryptocurrency, the launch of which is expected in 2020, may be viable. After analyzing the possibilities of a new digital currency, the agency indicated that Libra ...
Manufacturing confidence in France worsened in June
In June, manufacturing confidence in France weakened amid a decline in external demand and weak manufacturing prospects in the country. A report of Insee revealed a decline in the index of industrial relations to 102 points from the May value ...
New Zealand's trade balance surplus fell in May
The trade balance surplus of New Zealand in May of this year was reduced to 264 million NZD from 383 million NZD in April, according to official statistics. Growth in exports by 8.5% over the year to 5.81 billion New Zealand dollars exceeded ...
US consumer confidence declined in June
In the US, consumer confidence fell to a minimum level since September 2017. According to the Conference Board, the corresponding index in June was 121.5 points, down from the May value of 131.3 points. Forecasts of economists suggested a decrease ...
New home sales in the US fell by 7.8% in May
In May of this year, 626,000 new homes were sold in the United States. According to the US Department of Commerce, the figure compared with the previous month fell by 7.8% to its lowest level since January of this year. The fall in sales was ...
Wholesale sales in Canada increased by 1.7% in April
Wholesale sales in Canada reached $65.3 billion in April, the rise for the fifth consecutive month. April's growth was at the level of 1.7%. At the same time, 5 of the 7 sectors showed an increase in sales. The largest growth was recorded in ...
Oil finished the week with active growth
The conflict between Iran and the United States has increased the risks regarding oil supplies from the Middle East, which pushed oil prices to rise at the end of last week. Over the week, Brent crude has risen in price by 5%, WTI - by almost ...