Portugal deficit increases to 5.7% in 2020

Source: Dukascopy Bank SA
Portugal's government deficit rose to 5.7% of its GDP in 2020 as the economic activity deteriorated amid COVID-19 lockdowns, a report published by the Statistics Portugal shows.
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Mon, 29 Mar 2021 06:36:05 GMT

China Evergrande to attract $2B in pre-IPO

On Monday, China Evergrande Group stated it would sell 10% of Fangchebao (FCB), the online automobile and real estate marketplace, to 17 investors in a fundraising deal worth $2.10B ahead of its planned IPO.

Mon, 29 Mar 2021 04:00:08 GMT

US personal income declines

US consumer spending and personal income fell in February as the government's stimulus payments fade and closures continue, the Commerce Department reports.

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