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Author Archives: Top News Editor

Swiss Q2 GDP Growth Tops Expectations

Switzerland’s economy expanded more-than-expected in the second quarter, but the pace of expansion was weaker than that seen in the previous three months, figures from the State Secretariat for Economic Affairs revealed Thursday. Gross domestic product grew 0.7 percent sequentially, ...

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German Factory Orders Fall Unexpectedly On Trade Tensions

Germany’s factory orders dropped unexpectedly on foreign demand in July amid trade disputes with the United States. Data from Destatis, released Thursday, showed that new orders in manufacturing fell 0.9 percent in July from June, confounding expectations for an increase ...

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Cryptocurrency Daily Roundup – Sept. 5

Cryptocurrencies are largely a sea of red Wednesday morning with almost all coins falling led by Bitcoin. The sharp downturn came after the Business Insider reported that Goldman Sachs has dropped its plans to set up a cryptocurrency trading desk ...

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UK Service Sector Logs Stronger Upturn In August

UK services sector expanded at a faster pace in August, largely driven by stronger new orders, despite the Brexit uncertainty, survey data from IHS Markit showed Wednesday. The IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers’ Index rose ...

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