- Thomson Reuters StreetEvents
Q1 2024 Invesco Mortgage Capital Inc Earnings Call
Q1 2024 Invesco Mortgage Capital Inc Earnings Call
- Reuters
China's April car sales swing to contraction despite NEV milestone
China's car sales fell 5.8% in April from a year earlier, industry data showed on Friday, as a ferocious price war and incentives failed to shake off consumers' caution about spending on big items during a shaky economic recovery. While the share of new energy vehicle sales scaled a new high, paving the way for the world's largest auto market to fast-track its green goal, sales of electric vehicles are still far slower than those of plug-in hybrids (PHEVs). Sales of passenger vehicles were 1.55 million units in April, down 9.6% from March, the China Passenger Car Association (CPCA) said.
- Evening Standard
FTSE 100 Live 10 May: UK exits recession as GDP grows faster than thought, index at another record
A forecast and recession beating GDP figure of 0.6% today showed the UK’s strongest expansion in over two years. The Q1 estimate provided another boost to stock market confidence after the FTSE 100 index closed at a record last night. On the corporate front, British Airways owner IAG and the property portal Rightmove have reported figures today.
