Economic News
Concerns rise that retailers are misusing e-receipt data
Concerns about retailers' ability to hold onto customer data safely are leading to fewer people choosing to receive an e-receipt, a survey has found.
EU considers measures to curb CO2 emissions from vehicles
The European Union is trying to reach a compromise on how harsh measures to curb CO2 emissions from vehicles should be to reach 2030 targets.
Google CEO denies bias against right-wing in Congress testimony
Google chief executive Sundar Pichai testified before the House judiciary committee on Tuesday, where he committed to removing search results that violated hate-speech policies.
Chinese credit growth slowest since 2005 in November
The broadest measure of credit growth for China's economy rose at its slowest pace in over a decade.
US final demand prices for November fall back as expected
Wholesale inflation in the States fell back last month as goods and energy prices receded, but printed ahead of forecasts at the so-called 'core' level.
Ofgem chief unveils plan to extend tenure
Ofgem has announced that its chief executive will stay on until 2020 to oversee the introduction of a price cap on gas and energy suppliers.
US small business sentiment deteriorates more than expected
Small business sentiment in the US deteriorated more than expected in November, according to the National Federation of Independent Business.
Trump concerned about 'real possibility' of being impeached
US President Donald Trump is reportedly concerned there is a “real possibility” he could be impeached once Democrats take the House of Representatives, CNN said on Monday.
Italy ready to compromise with EU at 2% deficit target
Italy could be ready to bring down its deficit target to 2% as the European Commission would be willing to accept an increase in Italy’s deficit to 1. 95% for next year.
German ZEW beats forecasts in December but still depressed
German economic sentiment unexpectedly improved in December, but remained depressed, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
UK wages grow at fastest rate since 2008 as employment soars
UK employment has reached a record high, official data showed on Monday, with nominal wages growing at a rate not seen for a decade.
Macron's festive gifts to France 'risk Italy conflict'
French President Emmanuel Macron doled out some festive sweeteners to his citizens overnight, risking a new EU conflict as it may drive the country's deficit above European budget limits.