(Reuters) -Spain’s seasonally- and calendar-adjusted industrial output rose 1.0% in March from the same month a year earlier, official data from the country’s national statistics institute (INE) showed on Thursday. The year-on-year growth in March follows a 1.9% contraction in February. (Reporting by Marta Serafinko in Gdansk, editing by Inti Landauro)
By David Milliken LONDON (Reuters) – Britain’s housing market slowed last month after the end of a temporary tax break on home purchases which had seen buyers rush to complete transactions in previous months, an industry survey showed on Thursday. The Royal Institution of Chartered Surveyors’ monthly house price balance fell to -3 in April …
UK RICS house price balance falls to 9-month low in April after tax break ends Read More »
SINGAPORE (Reuters) – Foreign investors have been turning to Australia’s domestically focused stocks, choosing an often overlooked market as a trade-war hideout with a cheap currency and resilient economy. It is hard to quantify just how much capital has gone Down Under, since Australia’s stock exchange does not publish timely flows data. But it has …
Analysis-Australia’s stocks shine as global money seeks US alternatives Read More »
(Reuters) -German exports rose by 1.1% in March compared with the previous month, data from the federal statistics office showed on Thursday. The result compared with a forecast 1.0% increase in a Reuters poll. The statistics office publishes more detailed economic data on its website. (Reporting by Tristan Veyet in Gdansk, editing by Thomas Seythal)
LONDON (Reuters) -British house prices rose unexpectedly in April, figures from mortgage lender Halifax showed on Thursday. Halifax said house prices rose by 0.3% in April after a 0.5% fall in March. A Reuters poll of economists had pointed to a fall of 0.1% for April. House prices were 3.2% higher on the year – …
UK house prices rose unexpectedly in April – Halifax Read More »
GDANSK (Reuters) -Poland’s Bank Handlowy posted a 4.2% fall in its first-quarter net profit on Thursday, mainly due to the reduced earnings from protection against financial risks. The Polish lender, three-fourths of which is owned by Citigroup, posted a net profit of 435 million zlotys ($115.3 million), beating expectations of 417 million zlotys, as per …
(Reuters) -Swisscom reported a 39.3% rise in its first-quarter revenue on Thursday, meeting market expectations, citing the successful acquisition of Vodafone Italia. Group revenue on a reported basis came in at 3.76 billion Swiss francs ($4.56 billion) in the quarter, in line with analysts’ forecast of 3.76 billion francs in a company-provided consensus. On a …
Swisscom’s first-quarter revenue up 40% after Vodafone Italia acquisition Read More »
A look at the day ahead in European and global markets from Rocky Swift The European theatre of World War II ended 80 years ago today, a sombre reminder as armed conflict still rages on the continent while another one threatens to ignite between nuclear powers in South Asia. To accommodate a moment of silence …
Morning Bid: Armed conflicts rage, but hopes emerge for a trade war thaw Read More »
By Jasper Ward WASHINGTON (Reuters) -Boeing has proposed delivering its delayed new version of Air Force One in 2027, a U.S. Air Force official said on Wednesday. President Donald Trump negotiated with Boeing for a pair of new 747-8 aircraft during his 2017-2021 first administration. They were initially expected to be delivered in 2024. “We …
Boeing proposes 2027 delivery date for new Air Force One jets, official says Read More »
By Foo Yun Chee BRUSSELS (Reuters) -U.S. House Judiciary Chair Jim Jordan and Foreign Affairs Chair Brian Mast warned Britain on Wednesday that its order to Apple to create a backdoor to its encrypted user data could be exploited by cybercriminals and authoritarian regimes. Apple, which has said it would never build a so-called back …
US lawmakers criticise UK backdoor order to Apple, warn of cybercriminal risks Read More »
