Economic Indicators11 hours ago (Apr 05, 2020 10:50AM ET) (C) Reuters. Women walk past job seekers outside a construction site in Sandton, an affluent area situated within the metro of Johannesburg By Joe Bavier and Giulia Paravicini JOHANNESBURG/ADDIS ABABA (Reuters) – About 20 million jobs are at risk in Africa […]
New York state’s COVID-19 death toll nears 9/11 level
3/3 (C) Reuters. New York City Mayor Bill de Blasio appears at USTA Tennis Center indoor facility where portion will be converted into temporary hospital during coronavirus outbreak in New York 2/3 By Maria Caspani and Nathan Layne NEW YORK (Reuters) – New York state braced for an onslaught of […]
U.S. services sector growth slows; employment drops: ISM
Economic Indicators9 hours ago (Apr 03, 2020 10:25AM ET) 2/2 (C) Reuters. A woman walks through the financial district of New York City 2/2 By Lucia Mutikani WASHINGTON (Reuters) – U.S. services sector activity slowed to a more than 3-1/2-year low in March, with industries reporting a moderation in new […]
U.S. Shed 701,000 Jobs in March in Foretaste of Worse to Come
Economic Indicators11 hours ago (Apr 03, 2020 08:34AM ET) (C) Reuters. By Geoffrey Smith Investing.com — The U.S. economy shed 701,000 jobs in the month to mid-March, the government said in a monthly labor market report that predates the worst of the impact from the Covid-19 pandemic on the U.S. […]
UK facing Depression-style hit as firms slump in March
Economic Indicators13 hours ago (Apr 03, 2020 06:50AM ET) (C) Reuters. FILE PHOTO: The sun rises behind The Shard and the financial district as a cyclist rides through Richmond Park in London By William Schomberg LONDON (Reuters) – Britain’s economy looks set for a slump that in the short term […]
UK facing Depression-style hit as firms slump in March
Economic Indicators55 minutes ago (Apr 03, 2020 06:50AM ET) (C) Reuters. FILE PHOTO: The sun rises behind The Shard and the financial district as a cyclist rides through Richmond Park in London By William Schomberg LONDON (Reuters) – Britain’s economy looks set for a slump that in the short term […]
UK Export Finance expands exporter protection against non-payment
Economic Indicators2 hours ago (Apr 03, 2020 05:05AM ET) LONDON (Reuters) – Britain is expanding the scope of its export insurance policy to cover exporters against the risk of non-payment if customers become insolvent. UK Export Finance, a government department, on Friday said it has expanded the policy to cover […]
Britain’s Nationwide says business banking plan now unviable
Economic Indicators5 hours ago (Apr 03, 2020 02:30AM ET) (C) Reuters. FILE PHOTO: Signage outside a Nationwide Building Society branch in London LONDON (Reuters) – Nationwide Building Society, one of Britain’s biggest lenders, is abandoning plans to enter the business banking market, saying the coronavirus epidemic has made it commercially […]
Central European FX could begin slow rebound after virus hit: Reuters poll
Economic Indicators5 hours ago (Apr 03, 2020 02:10AM ET) By Miroslava Krufova and Jason Hovet PRAGUE (Reuters) – Central Europe’s currencies could be over the worst of their pounding as a result of the global coronavirus pandemic, as Hungary’s forint is seen recovering from record lows and the Czech crown […]
Japan’s household spending to slump in February as virus hits demand
Economic Indicators7 hours ago (Apr 03, 2020 12:20AM ET) By Leika Kihara TOKYO (Reuters) – Japan’s household spending likely fell for the fifth straight month in February, a Reuters poll showed on Friday, adding to growing signs of the pain the coronavirus pandemic is inflicting on an economy already on […]