News And Announcements
US housing starts drop in May; April's figure revised up
US housing starts fell in May but came in better than expected due to an upward revision to the previous month's figure, according to data released by the Commerce Department on Tuesday.
Heathrow unveils expansion plans
Heathrow Airport unveiled its plans to construct a third runway by 2026 and complete its expansion by 2050 on Tuesday.
EU car registrations edge up in May after eight consecutive months of declines
The European Union's passenger car market recorded a modest increase (+0. 1%) in May, but only after eight consecutive months of declines, the latest report from the European Automobile Manufacturers Association revealed.
NHS requires extra £8bn in funding or risks long-term plan failing
The UK government needs to spend an extra £8bn on the NHS to keep it afloat or risk the service’s long-term plan failing, revealed new analysis from the Health Foundation.
Pressure mounts on ECB as inflation cools in eurozone
Annual inflation in the eurozone eased to its weakest rate for a year in May, putting further pressure on the European Central Bank to take action.
German investor sentiment deteriorates in June
Investor sentiment in Germany deteriorated much more than expected in June, dragged down by weak economic data and the ongoing Sino-US trade spat, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.