Recent Posts

‘Eurozone activity holds up despite Brexit’

  Brussels / AFP Eurozone economic activity managed a small gain in July despite Britain’s shock vote in June to quit the European Union, a closely watched survey showed on Wednesday. Data monitoring company IHS Markit said revised figures for its Composite Purchasing Managers Index (PMI) for July came in at 53.2 points, up from 53.1 points in June. The ...

Read More »

Online shopping helps Deutsche Post deliver record 2nd quarter

  Bloomberg German logistics group Deutsche Post said on Wednesday it had achieved its strongest-ever second-quarter operating result, boosted in large part by online shopping. “Our Post, eCommerce and Parcel division in particular contributed to the positive trend” that saw Deutsche Post increase its net profit to 541 million euros ($606 million), a 66-percent leap over the same period in ...

Read More »

US capital city struggles with limping Metro service

  Washington / AFP Letitia stands on a metro station platform in downtown Washington, waiting for a train that she now realizes is not going to come. “I will be walking home tonight and all the nights to come,” said the 28-year-old woman, who works as a cashier at a 24-hour supermarket. In the US capital city, an urgently needed ...

Read More »
Send this to a friend