German jobless rate stays unchanged in April

Source: RTT News
Unemployment in the Europe's largest economy held steady in April with overall employment advanced on a monthly basis in April, the latest report released by the statistical office Destatis showed on Wednesday. The country's jobless rate posted 5.2% in April, unchanged from March, while employment grew by 0.4% in April.

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Wed, 28 May 2014 10:47:08 GMT

European stocks fall as companies miss profit estimates

Equities of the biggest European companies decline on Wednesday, as investors evaluate their performance for work in the first quarter, while some of them decreased future profit projections. The benchmark Europe Stoxx 600 Index drops 0.2% to 343.75 points, down from the highest level in six years. Among losers, Elektra AB and Osram Light AG decrease 7.7% and 7.6%, respectively.

Wed, 28 May 2014 10:25:06 GMT

Spanish retail sales grow in April

Spain's retail sales accelerated in April rising for the second successive month, however the pace of growth weakened on the month, the latest report unveiled by the statistical office INE showed on Wednesday. According to the report, the country's retail sales added 0.1% year-on-year in April after gaining 0.5% in the prior month.

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