Wednesday, 27 May 2020 14:21 WIB
European stocks opened cautiously higher on Wednesday although U.S.-China tensions are putting a damper on investor sentiment.
The pan-European Stoxx 600 climbed 0.4% in early trade, with banks adding 1.5% to lead gains while health care stocks slid 0.5% lower.
European markets are following the trend set by their Asian counterparts overnight, with investors weighing the potential impact of...
Friday, 22 May 2020 13:44 WIB
A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday.
The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors saw a monthly decline in volume sales except for a record rise in sales for non-store retailing of...
Wednesday, 27 May 2020 11:54 WIB
Oil prices fell on Wednesday on revived concerns over how quickly fuel demand will recover even as coronavirus lockdowns begin to ease in many countries, while U.S.-China tensions added to negative sentiment.
Brent crude futures fell 21 cents, or 0.6%, to $35.96 by 0120 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9%, at $34.04 a barrel.
The Organization of...