Tuesday, December 22, 2020

UK economy grew by record 16% in third quarter after first lockdown slump

UK economy grew by record 16% in third quarter after first lockdown slump Gross domestic product grew by a record 16.0 percent in the third quarter - revised up from a previous estimate of 15.5 percent - but that still did not make up for its 18.8 percent slump in the April-June period when much of the economy was shut down.

from Moneycontrol Business News https://ift.tt/3azjwiY

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Global Market Today: Asian shares surge, oil skids on Gulf deal

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. ...