74959
Italy Industrial Orders Up 8.7%
Italy Industrial Orders Up 8.7%

Italy Industrial Orders Up 8.7%

Italy Industrial Orders Up 8.7%

Industrial orders increased 8.7% in August with respect to July, while turnover rose 2%, ISTAT said on Wednesday. The national statistics agency said the orders were up by an average of 5.4% over the last three months, ANSA reported. It said turnover was up 3.4% with respect to August 2016 while orders were up 12.2% year-on-year, according to unadjusted data. Meanwhile, Monte dei Paschi di Siena shares rose sharply on their market return after a 10-month hiatus, but were well below the price Italy paid to bail out its fourth-largest bank. The world’s oldest bank’s shares last traded in Milan in December 2016 when Monte dei Paschi had to turn to Rome for help after failing to find buyers for a €5 billion ($5.88 billion) share issue needed to keep it afloat. Shares in the Tuscan bank opened on Wednesday at €4.10, which will constitute the reference price for the session, and then rose to as much as €4.73, up 15% on the day.

 

Short URL : https://goo.gl/eCjdTL
  1. https://goo.gl/3vRJwH
  • https://goo.gl/sMKL9Z
  • https://goo.gl/grQ9oh
  • https://goo.gl/aP2ftH
  • https://goo.gl/qxft63

You can also read ...

Saudi Arabia Facing Uphill Battles
Saudi Crown Prince Mohammed bin Salman’s Vision 2030 scheme...
The popular Tesla Model S is due to sell by the end of this month in China, at which point the price will go up about $20,900.
More than a week has passed since the US and China fired the...
Switzerland has the smallest ratio with 7.2% of GDP.
The shadow economy in Jordan accounted for 17.38% of the GDP...
The bankruptcy of investment bank Lehman Brothers on September...
German Cabinet Warned of Economic Risks
The chief of Germany’s central bank, Jens Weidmann, warned the...
The Bank of Italy revised its growth estimates down to 1.3% for 2018, and to 1% for 2019.
Italy's already weak growth forecasts were revised downwards...
Airbus, AirAsia Discussing $23 Billion Deal
The Malaysian airline, already the second-biggest customer for...
Pakistan Raises Key Interest Rate
Pakistan’s central bank on Saturday raised interest rates by...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus