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World shares declining: market news

World shares decline today as protectionism in relations between China and the US are growing, and political risks in Europe are stackin

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Tourism boom can be expected in Sweden

Scandic Hotels Group AB expects hot summer that together with weak krone might help fill empty hotel rooms, Bloomberg reports.

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International funds are taking money out of six major emerging markets in Asia

International funds are taking money out of six major emerging markets in Asia with the fastest pace since 2008.

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Oil price dropped below $64 a barrel

Oil price went lower than level $64 a barrel, while Russia and Saudi Arabia are getting ready to stand against alliance of oil producers

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US industrial production fell in May

US industrial production fell in May by most since January 2014, Bloomberg informs. Factories volumes dropped by 0,7%.

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Copper growth restricted by Chinese economy

On Friday price of copper dropped to the lowest level in a week, Reuters reports.

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Stocks decline, bonds grow: market news

Shares are falling today and bonds are going up among escalating trade tensions between US and China.

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H&M sales stagnated

Sales of Hennes & Mauritz AB did not change in the second quarter as Swedish clothing retailer is trying to reduce record high level

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