Economic Recovery

Oil prices drop as IEA warns of slowdown in demand recovery

Oil prices declined on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the…

4 years ago

Dutch bank ABN Amro resumes dividend payments as Q2 net profit beats

Dutch bank ABN Amro (ABNd.AS) said on Wednesday it would resume dividend payments as an economic recovery in the Netherlands had…

4 years ago

Dow, S&P 500 close at records as U.S. infrastructure bill clears Senate

Wall Street rose on Tuesday, with both the blue-chip Dow and benchmark S&P 500 closing at record highs, as economically…

4 years ago

WeWork rival IWG ‘cautiously optimistic’ on year after H1 losses widen

Office rental firm IWG Plc (IWG.L) said on Tuesday it was cautiously optimistic about the rest of the fiscal year despite posting…

4 years ago

Slow growth in Japan’s bank lending shows COVID-19 cash crunch easing

Japan's bank lending rose in July at the slowest annual pace in nearly nine years, data showed on Tuesday, a…

4 years ago

S&P dips, just off record as energy shares fall

The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising…

4 years ago

China’s July factory price growth quickens, adds to business and broad economic pressures

China's factory gate inflation in July rose at a faster clip from the previous month and exceeded market expectations, adding…

4 years ago

‘What a run!’: German exports jump despite supply bottlenecks

German exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a…

4 years ago

Crown, forint expected to firm as interest rates rise

The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates…

4 years ago

Siemens raises profit guidance again as industrial demand ramps up

German engineering and technology company Siemens (SIEGn.DE) raised its profit guidance on Thursday for the third time this year on…

4 years ago