Only 223,000 Americans applied for unemployment benefits in the United States last week, which is the smallest number of almost 44 years. The Ministry of Labour reported that aid applications fell by 19,000 compared to 242,000 the previous week to its lowest level since March 1973, when Richard Nixon was president.
The activity in British construction was slightly accelerated in February, encouraged by civil and engineering construction. However, new orders in the sector are slowing down, and along with rising costs, they are sending mixed signals to the UK economy. Meanwhile, Travis Perkins, the largest supplier of construction materials in the UK, reported a 67-fall in profit before tax. Markit’s study shows that new construction orders are growing at the slowest pace since October, and companies say they are still struggling with sharp price growth.
Energy prices contributed the most to the rise in inflation in the euro area in February. The annual growth in consumer prices is accelerating to 2% in the second month of the year - the highest level in the last four years. In comparison, in January the increase was 1.8%.
Expat Asset Management has submitted to the Financial Supervision Commission (FSC) documents for the registration of 4 new index exchange traded funds, the management company announced in an official announcement.
Sopharma ends 2016 with more than twice the net profit compared to 2015, reaching BGN 50.7 million, shows the consolidated report of the pharmaceutical company.
