UK businesses grew slower in MayEconomy

UK businesses grew slower in May

The growth of businesses in the United Kingdom slowed sharply in May, hitting its weakest level since early 2021. The…

China’s services activity extends contraction in MayEconomy

China’s services activity extends contraction in May

China’s services activity contracted for the third consecutive month, indicating a slow recovery despite the partial easing of COVID-19 curbs.…

Eurozone inflation rises to a new record highEconomy

Eurozone inflation rises to a new record high

In May, Eurozone inflation edged up to 8.10% year-over-year, marking another fresh record high. This economic figure added pressure on…

Spain’s annual inflation resumes upward trend in MayEconomy

Spain’s annual inflation resumes upward trend in May

Spain’s annual inflation rate bounced back to its upward trajectory in May after its previous decline as prices rose at…

Eurozone business growth skids but remains strongEconomy

Eurozone business growth skids but remains strong

Eurozone’s business activity stepped lower in May but remained strong despite the headwinds associated with lower consumer spending and shortage…

German business morale hit a 3-month high in MayEconomy

German business morale hit a 3-month high in May

German business morale unexpectedly accelerated to a three-month high in May amid the buoyant services sector in Europe’s largest economy.…

UK unemployment hits 48-year low as shortages remainEconomy

UK unemployment hits 48-year low as shortages remain

The United Kingdom’s unemployment slipped to its lowest since 1974 in the first three months of this year amid the…

Chinese economy cools down as COVID controls weighEconomy

Chinese economy cools down as COVID controls weigh

The Chinese economy skidded sharply in April 2022, underscoring the extensive damage brought by the COVID-19 lockdowns that have wreaked…

What to Watch for In the Market This WeekEconomy

What to Watch for In the Market This Week

A day after the Federal Reserve warned of decreasing liquidity in major markets, speakers from the central bank will line…

Rising Oil Prices Provide Iran Time In Nuclear TalksEconomy

Rising Oil Prices Provide Iran Time In Nuclear Talks

Iran’s religious authorities, emboldened by a jump in oil prices since Russia invaded Ukraine, are not in a rush to…