Economics News Results

  • Colombian businesses call for more aid after quarantine extension

    Colombian businesses on Tuesday called on the government to expand measures to help companies weather coronavirus, after President Ivan Duque extended a nationwide lockdown by two weeks. Additional quarantine until April 27 will save lives, Duque said on Monday, but businesses say many could face bankruptcy and increased unemployment.

  • U.S. job openings fall; coronavirus shutdowns seen causing further declines

    * Job openings fall 130,000 to 6.9 million in February. * Small business confidence posts record drop in March. By Lucia Mutikani. U.S. job openings fell in February, suggesting the labor market was losing momentum even before stringent measures to control the novel coronavirus outbreak shuttered businesses, throwing millions out of work.

  • UK-wide coronavirus death toll increases by 786 to 6,159

    The United Kingdom coronavirus death toll rose by 786 to 6,159 people as of 1600 GMT on April 6, the health ministry said on Tuesday. As of 0800 GMT on Tuesday, 213,181 people had been tested of which 55,242 were positive, up from 51,608 on Monday, the Department of Health and Social Care said.

  • U.S. job openings fall in February, hiring steady

    U.S. job openings fell in February, suggesting the labor market was losing momentum even before stringent measures to control the coronavirus outbreak shuttered businesses, throwing millions out of work. Job openings, a measure of labor demand, decreased 130,000 to 6.9 million, the Labor Department said on Tuesday in its monthly Job Openings and Labor Turnover Survey, or JOLTS.

  • Canada's Ivey PMI plunges more than expected in March

    Canadian economic activity contracted at a pace that was much weaker than expected in March, Ivey Purchasing Managers Index data showed on Tuesday, in the latest sign of the damage to the economy from the coronavirus pandemic.

  • Turkish central bank purchased around $742 million government debt on Tuesday

    Turkey's central bank purchased around a nominal 5 billion lira of government debt from the country's Unemployment Insurance Fund via primary dealers on Tuesday, two bankers told Reuters. Last week the bank bought about 9.3 billion lira in government bonds in the secondary market, including 5 billion from the unemployment fund.

  • Brazil's retail sales post pre-coronavirus surge in February

    Retail sales in Brazil surged in February, recording their biggest rise for that month in six years, with consumers' urge to spend yet to be affected by the looming coronavirus crisis, official figures showed on Tuesday.

  • Mexico annual inflation eases in March, comes in below expectations

    Mexican consumer prices rose 3.25% in the year through March, the national statistics agency said on Tuesday, coming in closer to the central bank's 3% target rate and below analyst expectations. The inflation rate eased from 3.70% in February, weighed by energy prices and a decline in government subsidies.

  • BRIEF-Surge Energy - Flaring Gas Volumes Reduced over past 18 Months

    Surge Energy Inc (ZPTAF): * SURGE ENERGY (ZPTAF) - FLARING GAS VOLUMES HAVE SIGNIFICANTLY BEEN REDUCED ON SURGE ENERGY WELLS OVER LAST 18 MONTHS Source text for Eikon: Further company coverage:

  • Brazil retail sales rise 1.2% in February - IBGE

    Retail sales volumes in Brazil excluding cars and building materials rose 1.2% in February from January, statistics agency IBGE said on Tuesday, much stronger than the median estimate in a Reuters poll of economists of a 0.3% decline. Sales jumped 4.7% from the year-earlier period, IBGE said, more than double the expected 2.1% increase in the Reuters poll.

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