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Strain on global manufacturing eases as euro zone returns to growth

LONDON/TOKYO (Reuters) – Euro zone manufacturing activity expanded modestly last month, its first growth since early 2019, and Asia’s pain eased as the contraction slowed in export-reliant nations, adding to hopes the sector is emerging from the hit of the cor... More »

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U.S. factory orders post record drop- orders, inventories shrinking

WASHINGTON (Reuters) – New orders for U.S.-made goods suffered a record decline in March and could sink further as disruptions from the novel coronavirus fracture supply chains and depress exports. The report from the Commerce Department on Monday was the late... More »

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UK employment growth slowed in March as COVID began to hit: ONS

LONDON (Reuters) – The number of people in jobs in Britain grew more slowly in March than in February, official figures showed on Tuesday in an early sign of the impact of the coronavirus shutdown which is expected to hammer the jobs market. Growth in the numb... More »

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Oil prices fall as China’s economic outlook still weak

SINGAPORE (Reuters) – Oil prices slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved as an ongoing trade war with the United States weighs on demand growth at the world’s largest crude importer. Brent crude LCOc1 fut... More »

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India manufacturing growth at 15-month low in August: PMI

BENGALURU (Reuters) – Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their weakest pace in a year and cost pressures increased, a private sector survey showed on Monday. The survey comes after offi... More »

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Asian factories lashed by trade wars, slowing demand in August

TOKYO (Reuters) – The bitter trade war between China and the United States kept Asian factory activity mostly in decline in August, business surveys showed, strengthening the case for policymakers to unleash fresh stimulus to fend off recession risks. In a sur... More »

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German business morale brightens despite political risks

Employees work at Computed Tomography ‘CAT scan’ at the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle German business morale brightened unexpectedly in February as managers’ assessment... More »

German business morale shrugs off Brexit to hit 28-month high

People walk on a shopping street in the southern German town of Konstanz January 17, 2015. REUTERS/Arnd Wiegmann German business morale rose far more than expected in September, reaching its highest level in more than two years, a survey showed on Monday, sign... More »