Recent Posts

UK retail sales fall more than forecast; budget target missed

    Bloomberg U.K. retail sales posted their biggest monthly decline in more than two years in March as Britons bought less of everything from food to clothing. The volume of sales excluding auto fuel fell 1.6 percent from February, the most since January 2014. Total sales dropped 1.3 percent. Both far exceeded the modest declines forecast in a Bloomberg ...

Read More »

Greek bailout success uncertain in long term: German FM Schaeuble

  Bloomberg German Finance Minister Wolfgang Schaeuble cast doubt on whether Greece’s bailout will succeed, while citing progress on the more immediate task of concluding a review of Greek compliance with the aid program that’s needed to unlock more funds. “We can make it, I’m not that pessimistic, we’ve made progress,” Schaeuble said during a panel discussion in Berlin late ...

Read More »

Swiss watch exports post biggest quarterly drop since 2009

Bloomberg Swiss watch exports posted the biggest quarterly drop since 2009 as the industry faces declining demand in all its main markets. Shipments dropped 8.9 percent in the first quarter, adjusted for working days, according to data from Switzerland’s customs office. Exports declined 16 percent in March to 1.5 billion francs ($1.5 billion), the lowest level for that month in ...

Read More »
Send this to a friend