U.K. service sector records all-time high in February

Note: This section contains information in English only.
Source: RTT News
Service sector in the United Kingdom increased in February period rising to the strongest level all-time as the sector recorded third successive gain in a quarter, a report revealed by the Confederation of British Industry showed on Monday. According to the report, the CBI survey of the sector shows that sentiment in consumer sector reached new high together with professional services sector.

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Mon, 24 Feb 2014 16:03:33 GMT

Italy's bonds fall as inflation in Eurozone quickens

Italian benchmark 10-year government bonds declined on Monday after a report showed that inflation in the 18-nation bloc increased more than economists originally expected and as German business confidence advanced. The 10-year yields jumped one basis point to 3.61% as of 3:09 p.m. in London following a drop to 3.53% on February 19, the least since January 2006.

Mon, 24 Feb 2014 13:34:19 GMT

HSBC profit misses predictions as cost decreases fall short of targets

HSBC Holdings Plc, the biggest bank in Europe, released a worse-than-expected profit for the year 2013, as the costs' cuts did not reach the goal. The pretax income added 9% to $22.6 billion, while economists forecasted a $24.6 billion profit. ROE indicator fell short of estimates as well. Today, HSBC Holdings Plc shares are trading down 3.5% to 631.5 pence

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