Thu, 30 Apr, 2020
Philips will complete its transformation to a health technology business with the sale of its domestic appliances division, which no longer fits with the company’s range of hospital equipment and personal health products.
Tue, 28 Jan, 2020
Slumping exports sent Germany’s economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers struggle at the sharp end of a global slowdown amplified by tariff conflicts and the fallout from Brexit.
Thu, 15 Aug, 2019
Global shares rose on the belief more central banks will be forced to cut interest rates to shelter the global economy from the trade wars, but crash-out Brexit fears weighed heavily on sterling.
Fri, 07 Jun, 2019
Sterling hit its highest level against the dollar in almost two weeks, before easing slightly, buoyed by investor expectations that the Conservative Party would be victorious in tomorrow’s general election and would probably win a majority of parliamentary seats.
Wed, 07 Jun, 2017
German growth slowed less than predicted in the second quarter while Italian output unexpectedly stagnated, signalling diverging fortunes for two of the region’s biggest economies as they brace for any fallout from Britain’s decision to leave the EU.
Sat, 13 Aug, 2016
Thu, 11 Aug, 2016
China’s economy expanded slightly faster than expected in the second quarter, new data shows, but private investment growth shrank to a record low, suggesting future weakness which could pressure the country’s government to roll out more support measures.
Sat, 16 Jul, 2016
Sterling rose against the euro yesterday after the path was cleared for UK home secretary Theresa May to be appointed prime minister, as S&P Global Ratings sounded its concerns over the “the vulnerability” of the British housing market.
Tue, 12 Jul, 2016
Sterling fell to its lowest level against the dollar since 2009 but was little changed against the euro at almost 76.5 pence after Bank of England governor Mark Carney yesterday signalled a boost to UK interest rates is still some way off.
Wed, 20 Jan, 2016
Most eurozone bond yields fell yesterday, including the cost of borrowing for the Irish Government, after ECB policy makers hinted at their readiness to modify or expand their unprecedented stimulus programme should market turbulence warrant further action.
Wed, 23 Sep, 2015
German industrial orders unexpectedly dropped in February, partly because companies got fewer major contracts, after bookings already plunged in January, suggesting manufacturers had a subdued start to 2015 in Europe’s largest economy.
Thu, 09 Apr, 2015