Economic News
UK consumers cautious as economy reopens - GfK
UK consumer sentiment took a cautious turn in April as concerns about new strains of Covid-19 and the economy tempered the enthusiasm recorded earlier in 2021.
China's Xi calls for international collaboration to cut emissions
Chinese President Xi Jinping urged countries to work together to reduce their carbon emissions at a US-led summit on Thursday.
US existing home sales undershoot forecasts in March
Sales of second hand homes in the US undershot came in below forecasts in March due to a mix of higher prices, higher mortgage rates and a dearth of available supply.
Weekly US jobless claims surprise to the downside again
US jobless claims continued to slip lower, contrary to economists' expectations.
Odey bets against Deliveroo shares - report
Odey Asset Management has taken a short position against Deliveroo in the first evidence of hedge funds betting against the food delivery group's shares, the Financial Times reported.
ECB stays put on policy, leaves door open to PEPP 'recalibration'
European Central Bank policymakers stood pat on policy, reiterating their intention to up the ante on bond purchases and, apparently, while leaving all their options open.
Orsted and ATP join forces for bid on North Sea energy island
Orsted and ATP will submit a joint bid in the upcoming tender for the Danish North Sea energy island.
Jaguar Land Rover to suspend work at UK plants over chip shortage
Jaguar Land Rover announced a temporary halt in production at Halewood and Castle Bromwich due to the global shortage of computer chips.
UK manufacturing sentiment rebounds as economies reopen - CBI
UK manufacturing optimism improved at its fastest pace for almost 50 years and investment intentions rebounded as economies began to reopen from Covid-19 lockdowns, a CBI survey showed.
EU prepares case against AstraZeneca for failed vaccine deliveries
The European Commission is working on legal proceedings against AstraZeneca after the drugmaker failed to deliver the Covid-19 vaccines that it had been contracted for with the European Union.