BERLIN (Reuters) – Some 650,000 companies had applied for short-time work in Germany by April 6 and the number of people on the scheme due to coronavirus is likely to be much higher than during the global financial crisis, the German Labour Office said on Thursday. Short-time work is a form of state aid that […]
By Lewis Krauskopf (Reuters) – The Nasdaq snapped an 11-day streak of gains on Friday after some late-session weakness, but the S&P 500 and the Dow scratched out record closing highs with slight gains as a year-end rally chugged along. With only two trading days left for the year, the benchmark S&P 500 has climbed […]
By Andy Bruce and William Schomberg LONDON (Reuters) – British consumers increased their borrowing in November at the slowest rate in more than five years and the construction industry’s decline worsened in December, figures showed on Friday, adding to signs of an economy that stalled late last year. The Bank of England said growth in […]
