James Bond’s favorite car may appear on the streets of London’s financial district, Bloomberg reports.
Aston Martin Holdings (UK) Ltd., British producer of sport cars, considers IPO in London. This step will test investors’ optimism in automobile sector of the country that is planning to leave European Union.
According to Bloomberg, European shares started to fall together with US futures, as mood of global markets has changed. Euro fell after Italian government talked about bond purchasing program to support country’s debt. Euro area’s common currency lost 0,2% and costs $1,1667.
President Trump’s tax reform assuming corporate tax cut became a gift for companies that closed second quarter with earnings growth above 20%, Bloomberg reports. However, even without taking into account reform, profitability picture would be better than in previous years, analytics think.
Property boom observed around the world post financial crisis and being stimulated by low interest rates resulted in situation where local citizens cannot find money to buy a house, Bloomberg reports. Governments of many countries blame foreign buyers for price increases and take steps to limit foreign investments.
Prices of homes in twenty US cities grew in June with the slowest pace in almost two years, Bloomberg reports with the reference to S&P CoreLogic Case-Shiller. Demand is falling amid low affordability and higher mortgage rates.
In our previous article we looked in details at benefits of investing into commercial touristic real estate in Switzerland or Austria and told about attractive from investment point of view Alpine region Gosau.
Ryanair Holdings Plc signed its first union contract giving Italian pilots pleasant bonuses such as severance pay, Bloomberg reports.
Airline is planning to copy such a deal across its divisions to solve a long lasting trade dispute that resulted in thousands of cancelled flights this summer.
Turkish lira is falling for second day in absence of any signals that government is going to take steps for handling economic turmoil in the country, Bloomberg reports.
According to Bloomberg, European stocks are growing today together with futures in the US and shares in Asia, while investors evaluate contrary tendencies in global trade.
According to Bloomberg, there are signs of further weakening of Chinese economy in August. This tendency is observed four months already and can make government to speed up introduction of economy stimulating measures.
Some smaller banks in Germany and Switzerland are trying to find acceptable solution amid negative deposit rates charged by central banks in the region, Bloomberg reports. In recent days, a few banks announced new strategies in regards to saving accounts of private customers.
Oil market is inspired by perspectives of shrinking US inventories as well as by general optimism at financial market that is dominated after new trading agreement between the US and Mexico was concluded, Bloomberg reports.
