The Federal Reserve is further reducing the rate at which it buys government bonds. The umbrella of central banks in the United States will buy an average of $ 4 billion in bonds daily from June 8-12, versus $ 4.5 billion this week.
Unemployment in the United States fell to 13.3 percent in May. According to the United States Department of Labor, more than 2.5 million jobs were added to the largest economy in the world last month compared to April. The economy was doing much better than expected.
Retail sales in the eurozone fell sharply again in April due to the outbreak of the new corona virus and restrictive measures to curb the disease. This was reported by the European statistics agency Eurostat.
Ryanair would require personnel in France to hand in 10 to 20 percent of their wages to help lead the Irish low coster through the corona crisis. If staff refuse the proposal, dismissal may follow. Unions speak of blackmail. The French television station BFM reports on the matter.
The Federal Reserve is further reducing the rate at which it buys government bonds. The US central bank system will buy an average of $ 4.5 billion in bonds next week, up from 5 billion this week.
Renewi waste processor processed less waste in the first quarter because of the lockdown measures against the corona virus. This was especially evident in April, according to the company that emerged from the takeover of the Dutch Van Gansewinkel by the British Shanks.
Automaker Aston Martin Lagonda was an absolute star on the London stock market on Tuesday, after confirmation of the news that the British company CEO Mercedes-AMG’s Tobias Moers has found to take the helm. The stock price shot up 40 percent.
German entrepreneurs’ confidence in the economy recovered slightly in May. The leading research institute Ifo reported that, after an all-time low in April.