Latest data released by HMRC today shows that the number of homes sold in the UK last month dipped slightly on August, although showed an increase in the numbers sold in September 2016. The report is based on sales of all residential properties in the UK over £40,000, which provides a reliable and independent view […]
Tag: slump
Pound to euro exchange rate: Sterling shows signs of improvement after ‘slump’ on Friday
The exchange rate has climbed to €1.1375 against the euro this morning, according to figures released by Bloomberg. This is up from €1.1289 as markets closed on Friday evening. Pound sterling was affected by Theresa May’s Brexit speech, with her appearance in Florence causing a dip in the pound. Many were left with questions over […]
Rosneft boss predicts oil slump next year
Published time: 11 Sep, 2017 13:14 Crude prices are likely to dip in 2018, according to Rosneft CEO Igor Sechin. The key reasons are a surge in US oil production and a decline in the US dollar. Read more “The devaluation of the dollar now stands at about 20 percent, and if you take into […]
News wrap: Hurricane Irma’s path of destruction, the ‘Trump slump’ is real and more
Share this article From Hurricane Irma hitting US shores, the possible location of the secret to happiness and the negative impact Donald Trump is having on US tourism, here’s your wrap of travel news that has people talking this week. Hurricane Irma set for US landfall Hurricane Irma, a Category 5 storm—and the most powerful […]
Hyundai sales slump in China over North Korea, standoff with Chinese partner
BEIJING/SEOUL — Hyundai is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cutthroat competition and the impact of a standoff between Beijing and Seoul. Hyundai, along with affiliate Kia, has been caught up in a political row over a missile defense system that is being deployed in […]
Pound to euro exchange rate: How to get the best deal after sterling's slump
The exchange rate is currently hovering over €1.117, the same as yesterday after reaching €1.124 at midday on Thursday. The GBP/EUR rate jumped to its highest rate seen all week on this day but gains were short-lived. Sterling was boosted by an optimistic UK retail sales report from the Confederation of British industry. But Friday […]
News wrap: Michael Phelps vs. shark, the world’s favorite island, US travel slump and more
From an Olympian in hot water over a misleading shark stunt to the world’s best island destination and the re-opening of an iconic Californian hiking trail, here’s your wrap of the adventure news that has people talking this week. The most successful Olympian of all time, swimmer Michael Phelps, has defended himself after fans were […]
GM may kill 6 car models as it works with UAW to tackle sales slump
The president of the United Auto Workers union said on Thursday the union is talking with General Motors about the potential threat to plants and jobs from slumping U.S. car sales. GM’s response will be more trucks and SUVs, and sources say at least six slow-selling car models may be killed off. “We are talking […]
Pound to euro exchange rate – sterling steadies after Eurozone slump
The pound is buying €1.130 this morning, after hovering around this rate for much of yesterday. Sterling has retained its position after recovering from a weekly low of €1.124 at the start of the week. It was slightly buoyed yesterday after Eurozone construction data took a hit. Output shrunk by 0.7 per cent in May, […]
How M. Night Shyamalan Got Out of His Career Slump
Once, M. Night Shyamalan‘s name was synonymous with box office disappointment. The horror director exploded on the scene with The Sixth Sense in 1999, and became known for his mind-blowing twist endings. He was on a roll for a while with Unbreakable and Signs, but then something happened. His movies began to get critically panned, and […]