German economy will grow moderately

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Source: RTT News
According to German Economy ministry's outlook, economic growth in the country will remain stable during the last two quarters of this year. Meanwhile, the increase in exports may not be significant, while the manufacturing industry will become the leading sector by growth. Moreover, private consumption will also rise moderately. German economy added 0.7% in Q2.
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Fri, 11 Oct 2013 14:33:11 GMT

JPMorgan posts losses for the Q3

JPMorgan Chase & Co. posted a net loss of $380 million in the third quarter of 2013, while losses per share were $0.17. On the other hand, overall losses include $7.2 billion of costs for litigation expenses, while without this sum of money the company showed a profit of $1.42 per share, exceeding analysts' estimates. JPMorgan Chase & Co shares

Fri, 11 Oct 2013 13:02:04 GMT

UK leading index rises in August

United Kingdom leading indicator measuring economic activity advanced for the second successive month in August, a data released by the Conference Board unveiled on Friday. The data showed that the U.K. leading economic index rose 1.2% on a monthly basis in August after a 0.7% advance recorded in the month before and a 0.4% drop in June. 

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