GE plans over 1K job cuts in France

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Source: Dukascopy Bank SA
General Electric is planning to cut over 1K jobs in France, increasing the risk to set the American firm on the collision course with France's government, as it had consistently asked GE not to trim French jobs.
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Tue, 28 May 2019 15:02:50 GMT

EZ household lending rise highest in decade

Household lending reached its post-crisis high with 3.4% increase in April, while corporate lending rose 3.9%, at its strongest rate this year, the report by the ECB revealed, easing fears that banks were shutting off credit due to growth slowdown.

Tue, 28 May 2019 13:35:47 GMT

US car sales seen tumbling 2.1% in May

The US car sales are seen to plunge 2.1% in May from the previous year, affected by higher prices that spooked potential buyers, according to the data released by the industry consultants LMC Automotive and J.D. Power on Tuesday.

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