Recent Posts

Spain’s economic growth stagnates

  AFP Spain’s economic growth stagnated in the second quarter, official data showed on Thursday, as the country remains mired in political limbo after two inconclusive general elections. The Ine statistics agency said that GDP expanded by 0.8 percent compared to the previous three months — slightly higher than the 0.7 percent estimate it had announced in July. The agency ...

Read More »

Brexit threat: German companies may experience weaker growth next year

  AFP Germany is waking up to the threat of Brexit and could see weaker growth in 2017, analysts said on Thursday, after a key business confidence survey showed a sharp decline. The Ifo economic institute’s closely-watched index fell to 106.2 in August from its July level of 108.3, reaching its lowest point since December 2014. Analysts surveyed by Factset ...

Read More »

Orders for US capital equipment climb most since January

  Bloomberg Orders for business equipment climbed in July for a second month, advancing the most since January and indicating US firms are becoming less reluctant to invest. Bookings for non-military capital goods excluding aircraft rose 1.6%, exceeding the most optimistic forecast in a Bloomberg survey, after a 0.5% June gain, Commerce Department data showed Thursday. Demand for all durable ...

Read More »
Send this to a friend