Hello and welcome to our live and continuous coverage of the business, economy, eurozone and financial markets. The start of the week before Christmas brought on a hectic trading day yesterday, with falls in Europe and on Wall Street. However, things look a little brighter on this dark morning onRead More →
MADRID: Eurozone inflation will come down next year, even if it’s slower than previously thought, suggesting that the conditions for an interest rate hike in 2022, which markets have anticipated for October, will not be met, European Central Bank policymakers said on Friday. With annual inflation at a 13-year highRead More →
Fuel prices remain stable for the fourth day in a row as state-run oil companies maintain rates amid falling international oil prices. Fuel prices are expected to decline if the trend continues. Check out the latest gasoline and diesel prices. Fuel prices in the country are expected to fall asRead More →
He said businesses are finding it more difficult to obtain loans and are more cautious in the face of economic uncertainty related to the COVID-19 pandemic. “What we have also seen in the corporate sector is two things. First, it has been more difficult for companies to extract money fromRead More →
KARACHI: The Pakistan Stock Exchange remained under pressure on Thursday and closed on a negative note due to sales in various sectors. BRIndex100 lost 36.29 points or 0.75% to close at 4,821.13 points. The BRIndex-100 hit an intraday high of 4,889.23 and an intraday low of 4,815.68 points. Volumes amountedRead More →
Britain’s chances of a robust recovery from the pandemic have been shaken by a much more severe deterioration in business investment over the past six months than in other countries. Companies cut back on capital spending in the second quarter of the year, official figures show, with more recent dataRead More →
Australian stocks picked up momentum in afternoon trading, closing higher for the second day in a row. The local market slowly recovered some of the heavy losses it suffered on Friday (-3pc), its worst trading day since June. The benchmark ASX 200 ended up 1.1% at 6,007 points. At itsRead More →
The coronavirus pandemic has affected many businesses, and those run by celebrities are not spared either. Taiwanese actor-director Peter Ho will close his spa at the end of June due to a huge drop in guest numbers. Ho, 44, opened Hydro Mode, which offers facials and massages, to great fanfareRead More →
Interest rates are trending down again as central banks aim to extend the long-term expansion as macroeconomic uncertainties increase. As a result, currently less than a quarter of the world’s major fixed income markets are reporting more than 4%1. To make matters even more difficult, some $ 17 trillion inRead More →