Euro zone investor morale rises to highest level since March 2018

Investor morale in the euro zone rose in May to its highest level since March 2018 on all-time high expectations and an upbeat evaluation of the current situation, a survey showed on Monday, suggesting the bloc is overcoming the COVID-19 crisis. Sentix’s index for the euro zone climbed to 21.0 from...

https://www.hellenicshippingnews.com/euro-zone-investor-morale-rises-to-highest-level-since-march-2018/

China’s trade with the U.S. and Australia grew in April despite tensions

China’s exports surged more than expected in April as global demand for Chinese goods remained elevated amid countries’ varying stages of dealing with the coronavirus pandemic. U.S. dollar-denominated exports rose 32.3% in April from a year ago, China’s customs agency said Friday. That beat an...

https://www.hellenicshippingnews.com/chinas-trade-with-the-u-s-and-australia-grew-in-april-despite-tensions/

U.S. Chamber calls for end to $300-a-week jobless aid to ease labor shortage

The U.S. Chamber of Commerce on Friday said the federal government should end the $300 weekly supplemental unemployment benefit in President Joe Biden’s $1.9 trillion COVID-19 aid package to ease a labor shortage that limited hiring in April. “The disappointing jobs report makes it clear that...

https://www.hellenicshippingnews.com/u-s-chamber-calls-for-end-to-300-a-week-jobless-aid-to-ease-labor-shortage/

China says it will communicate with EU to ensure investment deal comes into force

China will stay in communication and coordination with the European Union to ensure a bilateral investment deal comes into effect, a foreign ministry spokesman said on Thursday. The European Commission said on Wednesday it had dialled down efforts to promote the planned investment agreement, recognising that EU lawmakers will not approve any such deal while …

The post China says it will communicate with EU to ensure investment deal comes into force first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/china-says-it-will-communicate-with-eu-to-ensure-investment-deal-comes-into-force/

UK service sector grows at fastest pace since 2013 in April – PMI

Britain’s services sector recorded its fastest growth in more than seven years last month as hospitality businesses and retailers began to reopen to the public after months of lockdown. IHS Markit said its monthly Purchasing Managers’ Index for the services sector rose to 61.0 in April from 56.3 in...

https://www.hellenicshippingnews.com/uk-service-sector-grows-at-fastest-pace-since-2013-in-april-pmi/

China to Suspend Economic Dialogue With Australia

China’s state planner said the government will “indefinitely suspend” all activities under the China-Australia Strategic Economic Dialogue, in the latest sign of deteriorating relations between the two countries. The National Development and Reform Commission said the decision was made after Australian officials “launched a series of measures to disrupt the normal exchanges and cooperation” between …

The post China to Suspend Economic Dialogue With Australia first appeared on Hellenic Shipping...

https://www.hellenicshippingnews.com/china-to-suspend-economic-dialogue-with-australia/

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