Currencies
European start-up investment tops $60bn in first half of 2021
European start-ups raised €43. 8bn in investment in the first six months of 2021, breaking the record of €38. 5bn invested in all of 2020.
European Council recommends EU member states lift travel ban on 14 countries, including the US
The European Council has recommended that non-essential travel bans be lifted from 14 countries, including the US, in a move that would permit citizens from the listed nations to vacation in Europe with more ease.
EU citizens seeking employment in UK down 36% since Brexit
The number of EU citizens searching for employment in the UK has fallen by over a third since Brexit.
Weekly US jobless claims rise for the first time since April
Weekly jobless claims rose last week for the first time since April.
Hong Kong's Apple Daily raided by 500 officers over national security law breach
Hong Kong’s Apple Daily’s newsroom was raided on Thursday by 500 officers over alleged violations of China's national security law.
US mid-Atlantic factory activity dips in May
Manufacturing activity in the US mid-Atlantic region continued growing at a robust pace in June, the results of one of the most closely-followed surveys for the sector showed.
FCA report reveals significant rise in cryptoasset ownership
Research published by the Financial Conduct Authority on Thursday, estimated that 2. 3m adults now hold cryptoassets, which was up from 1. 9m in 2020.
Stocks slip as Fed raises projections for rate hikes in 2022 and 2023
Central bankers in the US nudged up their individual projections for short-term interest rates in 2022 and 2023 at their two-day policy meeting, although they didn't actually discuss potential dates for the so-called 'lift-off' in rates.
Director dealings: Aston Martin Lagonda director picks up some shares
Aston Martin Lagonda non-executive director, Robin Freestone, picked up some shares in the carmaker as they were trading near their level from just before the start of the Covid-19 pandemic.
US import prices jump past forecasts in May
The cost of goods purchased overseas jumped past forecasts last month, even if those exported increased in price even faster.
Lincoln expects half of its car sales to be all-electric models by 2026
Ford Motor’s luxury carmaker brand Lincoln, expects at least 50% of its sales to come from all-electric cars by 2026.
US housing starts rise in May, even as sector comes off the boil
Housing starts rose last month but by less than anticipated, alongside a continued decline in permits for new construction, pointing to a residential market that was coming off the boil.
Chinese retail sales, factory output miss forecasts
China’s ongoing economic recovery appeared to have stumbled on Wednesday, after official data came in below expectations.
Iran nuclear deal must wait until formation of new government
Returning to the 2015 Iran nuclear accord will have to wait until the formation of a new Iranian government, said the head of the UN nuclear watchdog on Wednesday.
Ifo Institute cuts German growth forecasts for 2021
Germany’s Ifo Institute has cut its growth forecasts for the country this year, citing supply bottlenecks in manufacturing.
IKEA fined $1.2m for spying on French workers
A French court on Tuesday fined IKEA $1. 2m after it found that it had been spying on its French staff by improperly gathering and storing their data.
US final demand prices jump in May, paced by gains for food and energy
Wholesale prices in the US rose twice as quickly as anticipated last month amid sharp increased in food and energy prices.
Australia, UK agree free trade deal with cap on tariff-free imports
Australia and the UK have agreed a largely symbolic trade agreement in principle, despite concerns from British farmers about cheap meat imports flooding the domestic market.
Jaguar Land Rover to develop hydrogen fuel cell Defender SUV
Jaguar Land Rover is developing a hydrogen fuel cell vehicle based on the new Defender SUV and plans to begin testing the prototype in 2022.
Eurozone trade surplus surges in April
The Eurozone’s annual trade surplus rose to nearly €11bn in April, official data showed on Tuesday, though that was below most analyst forecasts.
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