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Consumer spending drives UK growth as investment slumps

Bloomberg Consumer spending drove the U.K. economy to a 12th straight quarter of growth as the global slowdown took its toll on exporters and business investment slumped. Household spending rose 0.7 percent between October and December, helping to counter a second quarter of declining exports and the biggest drop in business investment in almost two years, the Office for National ...

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Spanish consumers sustain growth momentum as poll impasse stays

Bloomberg The strength of Spanish consumers helped maintain momentum in the fourth quarter as an inconclusive election result led to political gridlock. Household consumption showed signs of resistance expanding 0.8 percent from the previous three months, when it grew 1.1 percent, the Madrid-based National Statistics Institute said on Thursday. Gross domestic product expanded 0.8 percent in the three months to ...

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Emirates Securities Market down by 0.37 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.37% to close at 4239.35 points. Accordingly the Market Capitalization has lost AED2.56 Billion attaining AED687.68 Billion. A total of 0.65 Billion Shares were traded with a total value of AED0.66 Billion during the trading session of 25-02-2016 through 7094 transactions. The number of companies which has been traded ...

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