SUBSCRIBERS
German business sentiment declines in May
Published Fri, May 22, 2015 · 09:50 PM
Frankfurt
GERMAN business confidence fell for the first time in seven months in May, signalling some concern over the growth outlook for Europe's largest economy.
The Ifo institute's business climate index dropped to 108.5 from 108.6 in April. The median estimate was for a decline to 108.3, according to a Bloomberg survey of 35 economists.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’