Economic News
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Train drivers announce fresh strike dates
Monday 15 Jan 2024
(Sharecast News) - Train drivers' union Aslef announced a new round of strikes on Monday, in its ongoing pay dispute with 16 train operators. Read More
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EZ industrial production falls in November
Monday 15 Jan 2024
(Sharecast News) - Eurozone industrial production fell 0.3% in November on a monthly basis, as the single currency bloc continued to struggle amid inflationary pressures, according to official data pu... Read More
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PBOC leaves medium-term loan rate unchanged
Monday 15 Jan 2024
(Sharecast News) - The People's Bank of China surprised markets on Monday by keeping its one-year medium-term lending facility on hold at 2.5%. Read More
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UK economy returns to growth in November
Friday 12 Jan 2024
(Sharecast News) - The UK economy returned to growth in November, according to figures released on Friday by the Office for National Statistics. Read More
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US, UK launch airstrikes against Houthi rebels in Yemen
Friday 12 Jan 2024
(Sharecast News) - America and Britain have launched strikes against targets connected to Houthi militants in Yemen in retaliation for attacks on commercial shipping in the Red Sea, US President Joe B... Read More
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Amazon fails to offer remedies to EU concerns over iRobot acquisition
Thursday 11 Jan 2024
(Sharecast News) - Shares in iRobot plunged overnight on Wednesday, after Amazon failed to provide solutions to address concerns raised by EU competition regulators regarding its $1.4bn acquisition of... Read More
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US consumer price inflation rises more than expected in December
Thursday 11 Jan 2024
(Sharecast News) - US consumer price inflation rose more than expected in December, according to figures released on Thursday by the Labor Department. Read More
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UK financial services sector falters - CBI
Tuesday 09 Jan 2024
(Sharecast News) - The UK's financial services sector contracted for the first time in nearly four years in December, an industry survey showed on Tuesday. Read More
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EU to look at Microsoft-OpenAI investment as part of market probe
Tuesday 09 Jan 2024
(Sharecast News) - The European Commission announced two calls for contributions on Tuesday, focusing on competition within virtual worlds and generative artificial intelligence (AI), particularly Mic... Read More
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German industrial output posts shock fall in November
Tuesday 09 Jan 2024
(Sharecast News) - German industrial production registered an unexpected fall in November, making it the six straight month of declines as manufacturing in Europe's biggest economy continued to strugg... Read More
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Retailers hit by subdued festive demand - BRC
Tuesday 09 Jan 2024
(Sharecast News) - Retailers finished 2023 on the back foot, industry data showed on Tuesday, despite a modest uptick in demand in the week leading up to Christmas. Read More
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Oil stocks slide as Saudi Arabia cuts crude prices
Monday 08 Jan 2024
(Sharecast News) - Oil stocks were hit as major producer Saudi Arabia cut prices across the board, sending benchmark crude sharply lower on Monday. Read More
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UK labour market ends 2023 on muted note
Monday 08 Jan 2024
(Sharecast News) - UK firms remain reluctant to hire new staff, an industry survey showed on Monday, as the weak economic outlook continued to weigh heavily. Read More
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UK manufacturers turning more confident on industry conditions
Monday 08 Jan 2024
(Sharecast News) - UK manufacturers are more bullish about the sector's prospects than they were 12 months ago, according to a survey out on Monday from Make UK and PwC. Read More
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UK house prices hit nine-month high in December
Friday 05 Jan 2024
(Sharecast News) - House prices in the UK rose for the third straight month in December, with the average home costing £3,066 more, according to the Halifax House Price Index published on Friday. Read More
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UK car registrations post strongest jump since pandemic - SMMT
Friday 05 Jan 2024
(Sharecast News) - UK new car registrations posted their strongest jump since the Covid pandemic as supply chains eased up and fleet demand drove sales, industry figures released on Friday revealed. Read More
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UK construction sector downturn eases in December
Friday 05 Jan 2024
(Sharecast News) - The downturn in the UK construction sector eased a little in December, according to a survey released on Friday. Read More
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Wet weather keeps shoppers home in usually-busy December
Friday 05 Jan 2024
(Sharecast News) - British shoppers headed out more reluctantly during the usually busy holiday period, according to fresh data released on Friday morning, with retail footfall seeing a notable declin... Read More
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US private sector adds more jobs than expected in December - ADP
Thursday 04 Jan 2024
(Sharecast News) - Private sector employment in the US rose more than expected in December, according to figures released on Thursday by ADP. Read More
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UK consumer credit borrowing at highest since 2017
Thursday 04 Jan 2024
(Sharecast News) - UK consumer credit borrowing rose to its highest levels in nearly seven years in November as consumers took on more credit card debt ahead of the festive season in the midst of a co... Read More
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