Economic News
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US jobless claims fall more than expected
Americans lined up for unemployment benefits at a slower-than-expected rate in the week ended 20 July, according to the Labor Department.
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US Q2 GDP grows more quickly than expected
America's economy grew more quickly than expected last quarter as companies ramped up investment and amid inventory accumulation.
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HSBC, Lloyds among banks found in violation of CMA rules
Four major high street banks - HSBC, Lloyds, TSB, and Allied Irish Banks (AIB) - have been found in violation of rules set by the Competition and Markets Authority (CMA), it emerged on Thursday.
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UK car production falls in June as manufacturers retool
Automobile output in the UK fell in June as carmakers retooled lines to produce electrified models, a business lobby group said.
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German business sentiment deteriorates in July - Ifo
German business sentiment unexpectedly deteriorated in July, according to a survey released on Thursday by the Ifo Institute.