Historic slump among UK companies levels off in June: PMI

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Historic slump among UK companies levels off in June: PMI

LONDON (Reuters) – The historic slump across British businesses levelled off last month as some of the economy reopened following an easing of the coronavirus lockdown, a business survey showed on Friday. The IHS Markit/CIPS UK Services Purchasing …
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Freeze on car loan and pawn payments set to be extended

People struggling with high-cost credit or car finance are to be given more time to pay, under proposals from the UK’s financial watchdog. The Financial Conduct Authority plans to extend the deadline to apply for a payment freeze until 31 October. People who …
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Chinese shares reach 5-year high after rebound in services

Chinese shares closed at a five-year high on Friday after strong economic data out of the world’s two biggest economies boosted hopes of a quick recovery. The CSI 300 benchmark index of Shanghai- and Shenzhen-listed shares ended the week …
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CMC Markets forecasts strong 2021 earnings on robust trading

Online trading platform CMC Markets has predicted 2021 earnings to exceed the upper end of market consensus, as client trading remains strong through the pandemic. CMC has had a strong year so far as the coronavirus selloff in March helped bolster its …
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Big News! Hyundai Venue to introduce iMT before Kia Sonet: Benefits vs AMT explained

The iMT is like any other automatic transmission as it doesn’t feature a clutch pedal. With a two-pedal set-up, the new system developed by Hyundai uses a sensor on the gear-lever which activates hydraulic actuator thus engaging the clutch, but still allows …
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