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Author Archives: Top News Editor

UK Inflation Eases Unexpectedly In February

UK consumer price inflation eased unexpectedly in February driven by falling prices of clothing, second-hand cars and games, data from the Office for National Statistics revealed on Wednesday. Consumer price inflation eased to 0.4 percent from 0.7 percent in January. ...

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UK Private Sector Recovers On Services Activity

The UK private sector returned to the expansion territory in March with the service sector performance outpacing the manufacturing output growth, flash survey data from IHS Markit and the Chartered Institute of Procurement & Supply showed on Wednesday. The composite ...

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Eurozone Private Sector Returns To Growth In March

The euro area private sector returned to growth in March underpinned by a record expansion in manufacturing as global demand continued to revive from the pandemic, survey results from IHS Markit showed on Wednesday. The composite output index rose to ...

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Dollar Posts Strong Gains Against Most Of Its Rivals

The U.S. dollar gained in strength against its peers on Tuesday, riding on comments from Federal Reserve Chairman Jerome Powell that the economic recovery had progressed more quickly than expected and appeared to be strengthening. Read Full Story

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UK Unemployment Rate Declines Unexpectedly

The UK unemployment rate dropped unexpectedly in the three months to January, thanks to the extended furlough scheme, data from the Office for National Statistics revealed on Tuesday. Moreover, there was small increase in the number of payroll employees in ...

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Germany To Impose Strict Lockdown During Easter

German Chancellor Angela Merkel and regional leaders of 16 federal states agreed late Monday to impose a hard lockdown during Easter amid an exponential growth in the number of coronavirus cases in the country, in what is being called a ...

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