International Economic
Citi upgrades Bridgepoint, says share price fall overdone
Citi upgraded its stance on private equity firm Bridgepoint on Friday to ‘buy’ from ‘neutral’ as it said the share price fall was overdone.
Nonfarm payrolls fall short of expectations in March
The US economy added 431,000 payrolls in March, according to the Bureau of Labor Statistics, down from the previous month's print of 750,000 and falling short of market expectations for a print of 490,000.
Bitcoin falls after EU bans anonymous transactions; cryptoindustry rages on
The cryptocurrency market has been hit by the blow dealt by the European Union (EU), which banned anonymous transfers with digital assets, with no minimum amount, and leaves falls for Bitcoin and altcoins on Friday. The retreat of the most traded digital currency puts an end to the hopes of stretching the rally of recent days and overcoming the resistance of $50,000, at least for the time being.
Eurozone inflation surges to record high in March
Eurozone inflation surged to a record 7. 5% in March amid rising energy prices, according to preliminary data released by Eurostat on Friday.
Eurozone manufacturing growth falls to 14-month low
Eurozone manufacturing growth eased to a 14-month low in March as rising inflation and geopolitical tensions took their toll, according to a survey released on Friday.
China manufacturing PMI suffers worst decline in two years
China’ Caixin manufacturing purchasing managers’ index fell in March at its fastest pace in two years, as a resurgence in Covid cases and the conflict in Ukraine weighed.