Corridor 10 to be completed by the end of 2019
Serbian Deputy Prime Minister and Minister of Construction, Transport and Infrastructure Zorana Mihajlovic announced, while taking a tour of the works on the construction of the highway from Srpska Kuca to Levosoje on Monday, September 24, that the eastern and the southern branch of Corridor 10 would be completed before the end of 2018, the competent ministry announced. As she reminded, 6.6 kilometers of the highway opened for traffic on the Srpska Kuca-Levosoje section, and it remains for the works on two bridges to be finalized so that the entire route might open for traffic.
Serbia's 2018 wheat output rises 29.3%
Serbia's 2018 wheat output rose 29.3% on the year to 2.942 million tonnes, the country's statistical office said on Tuesday, citing preliminary data as of September 1. The harvested area increased to 648,083 hectares in 2018, from 557,702 ha last year, the statistical office said in a statement.
SORS: Average net salary in August at EUR 420
Average gross salaries and wages calculated for July 2018 amounted to 68,029 RSD, while average net salaries and wages amounted to 49,202 RSD or EUR 420. The cumulative growth of gross salaries and wages in the period January-July 2018 compared to the same period last year was 5.8% in nominal terms and 3.9% in real terms. At the same time, net salaries and wages increased by 6.2% in nominal terms and by 4.3% in real terms.
Slovenia revises up 2017 general govt surplus to 28 mln euro
Slovenia's general government sector saw a surplus of 28 million euro ($32.9 million) equivalent to 0.1% of the GDP in 2017, according to revised data released by the statistical office on Tuesday. The main reasons for the revisions are the data sources that were not yet available within the April release, the statistics office said in a statement.
Dow falls, erasing earlier gains, after tough trade talk from Trump administration, European markets close higher as oil extends gains
Stocks slipped on Tuesday as the Trump administration reiterated its hard-line stance on trade, washing out solid gains in tech shares. The Dow Jones Industrial Average fell 69.84 points to 26,492.21 after rising as much as 72.80 points. The S&P 500 closed 0.1 percent lower at 2,915.56 as losses in utilities off set a rise in energy. The Nasdaq Composite, however, advanced 0.2 percent to 8,007.47 as Amazon and Apple shares rose. Google-parent Alphabet also climbed on Tuesday
The 10-year Treasury note yield climbed to 3.11 percent, near its highest level of the year. The gains in yields come as the Federal Open Market Committee begins its two-day monetary policy meeting, with analysts expecting the central bank to raise rates by a quarter point.
Facebook's stock dropped 0.3 percent after Instagram's co-founders left the company. Analysts at J.P. Morgan said their departure could lead to a significant pullback in the short term.
Apple shares initially fell after Qualcomm accused the tech giant of stealing secrets and giving them to Intel. The stock recovered, however, to close 0.6 percent higher.
European stocks traded higher on Tuesday, with oil and mining stocks driving the biggest gains. The pan-European Stoxx 600 provisionally closed 0.45 percent higher with the various sectors trading mostly in positive territory. Oil stocks rose 1.69 percent and Basic Resources lifted by 1.76 percent, the latter becoming the top-performing sector on the day. This followed a fresh four-year high in Brent Crude prices.
Looking at individual stocks, Next led the gains across Europe, up by more than 7.6 percent on Tuesday. The retailer reported a 0.5 percent increase in first-half profit and a decision to lift its guidance for the year.
The UK listed miner, Glencore, moved higher too after announcing plans to repurchase a further $1 billion of its own shares.