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German manufacturing recovery remains on track in August: PMI

BERLIN (Reuters) – German manufacturers’ recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit’s final Purchasing Managers’ Index (PMI) for manufacturing, which... More »

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Worst may be over for euro zone factories, recovery to be slow: PMI

LONDON (Reuters) – Euro zone manufacturers appear to have passed their nadir, a survey showed on Monday, but activity is still contracting sharply as government-imposed lockdowns due to the coronavirus pandemic keep demand in check. Many countries in the bloc ... More »

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UK manufacturers cut jobs at fastest rate since 2012: PMI

LONDON (Reuters) – British manufacturers cut jobs last month at the fastest rate since 2012, a survey showed on Monday, as pressures from Brexit and a global trade slowdown caused the sector’s longest decline since the financial crisis. The IHS Markit/CIPS man... More »

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German manufacturing contraction eases in November

BERLIN (Reuters) – Germany’s export-dependent manufacturing sector contracted at a slower pace for the second month in a row in November, a survey showed on Monday, as companies sounded optimistic about their future business. IHS Markit’s Purchasing Managers’ ... More »

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China September services sector growth slows slightly: official PMI

BEIJING (Reuters) – Growth in China’s services sector activity slowed slightly in September, official data showed on Monday. The official non-manufacturing Purchasing Managers’ Index (PMI) fell to 53.7 from 53.8 in August, but stayed well above the 50-point ma... 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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Euro zone factory activity contracted for fifth month in June: PMI

LONDON (Reuters) – Factory activity in the euro zone shrank faster last month than previously thought in a broad-based downturn, according to a survey on Monday that suggested there would be no quick turnaround. The downbeat data will likely add to calls for t... More »

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Russian manufacturing sector shrinks in May for first time since…

MOSCOW, (Reuters) – Russian manufacturing activity contracted in May for the first time in nine months, the Markit purchasing managers’ index (PMI) showed on Monday, driven by a faster-than-expected decline in employment. The index’s headline reading fell to 4... More »

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India factory activity grows at fastest pace in three months in…

BENGALURU, (Reuters) – India’s manufacturing sector expanded at its quickest pace in three months in May on improved output and new orders, according to a private business survey which also showed a pick up in hiring. The survey found increased optimism about ... More »

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Euro zone June factory growth slips to weakest in 18 months

Euro zone factory growth slowed to an 18-month low in June, slipping for the sixth month in a row amid widespread concerns about trade barriers and their impact on overall economic activity, a survey showed on Monday. IHS Markit’s June final manufacturing Purc... More »

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Consumption to fuel German factories as exports weaken: Markit

BERLIN (Reuters) – German manufacturing export sales and new orders grew at their slowest pace in more than two years in June, a survey showed on Monday, adding to signs the sector is cooling as fears of a full-blown global trade war cloud the economic outlook... More »

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Euro zone business growth stabilizes but euro a rising concern

LONDON (Reuters) – Business activity across the euro zone was still growing as the second quarter began, but at a more modest rate than around the turn of the year, a survey showed on Monday. The euro zone unexpectedly was one of the best-performing major econ... More »

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Euro zone’s economic roar lost some volume in February: PMI

The famous skyline with its banking district is pictured as a rescue helicopter flies by in Frankfurt early evening April 13, 2015. The European Central Bank’s governing council will meet in Frankfurt on Wednesday, April 15. REUTERS/Kai Pfaffenbach LONDON, (Re... More »

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German private-sector expansion slows in February but quarter one…

The famous skyline with its banking district is pictured in early evening next to the Main River in Frankfurt, Germany, January 19, 2016. REUTERS/Kai Pfaffenbach BERLIN, (Reuters) – Growth in Germany’s private sector slowed in February from a month earlier but... More »

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French business activity slows to four-month low in February: PMI

A general view shows the Eiffel Tower and the financial and business district in La Defense, west of Paris, France November 22, 2017. REUTERS/Gonzalo Fuentes PARIS, (Reuters) – French business activity softened more than first thought in February, growing at t... More »

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U.S. panel deals blow to Philip Morris tobacco device

FILE PHOTO: A man poses for a photograph while using a Philip Morris iQOS smoking device, in Bogota, Colombia November 14, 2017. REUTERS/Jaime Saldarriaga/File Photo WASHINGTON (Reuters) – Philip Morris International Inc should not be allowed to claim its iQOS... More »

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FDA’s tobacco stance faces test with Philip Morris iQOS device

FILE PHOTO: A man uses a Philip Morris iQOS e-cigarette in Tokyo, Japan May 12, 2017. REUTERS/Issei Kato/File Photo WASHINGTON (Reuters) – In a decision expected to test the Trump administration’s approach to tobacco regulation, U.S. health advisers will vote ... More »

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Strong activity in German services pushes up inflation: PMI

Germany's services enjoyed vibrant activity in August, pushing up price pressures in the sector and boosting overall private sector growth, a survey showed on Tuesday, suggesting that a solid upswing in Europe's biggest economy is set to continue. More »

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Ominous signs from British firms, but euro zone loses momentum too

Rain clouds pass over the Canary Wharf financial district in London, Britain July 1, 2016. REUTERS/Reinhard Krause/File Photo British companies are giving ominous signs about the economy, just as the government embarks on European Union divorce negotiations, d... More »

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China`s services sector loses steam in June: Caixin PMI

A basket vendor walks past red lanterns serving as decorations to celebrate the new year outside a shopping mall in Kunming, Yunnan province January 6, 2015. REUTERS/Stringer China’s services sector grew at a slower pace in June as new orders slumped, signalin... More »

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German private sector growth slows more than expected in June: PMI

FILE PHOTO: A woman is pictured at work at the Ford Fiesta assembly line in Cologne, Germany, January 6, 2016. REUTERS/Wolfgang Rattay/File Photo Germany’s private-sector grew at a slower pace in June, a survey showed on Friday, mainly weighed down by weaker a... More »

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Philip Morris asks for FDA nod to sell heated tobacco device

FILE PHOTO: A Marlboro cigarettes pack, a brand of Philip Morris Tobacco, lies next to an empty coffee cup at a cafe in central Sydney June 27, 2011. REUTERS/Daniel Munoz/File Photo Philip Morris International said on Friday it has applied for pre-market appro... More »

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Euro zone Feb business growth fastest in nearly six years: PMI

A man works at the assembly line in the truck production plant of truck and bus-maker MAN AG in Munich, Germany July 30, 2015. REUTERS/Michaela Rehle Activity in euro zone businesses grew at its quickest pace in nearly six years in February and job creation re... More »

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French private sector grows at fastest pace since May 2011: PMI

Businessmen are seen on the esplanade of La Defense, in the financial and business district in La Defense, west of Paris, September 19, 2014. REUTERS/Christian Hartmann Activity in the French private sector picked up in February to expand at a pace not seen si... More »

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German services sector growth strengthens in Feb: PMI

Loading cranes are seen at a shipping terminal in the harbour in Hamburg September 18, 2014. Picture taken September 18. REUTERS/Fabian Bimmer Growth in Germany’s services sector accelerated in February after weakening to a four-month low at the start of the y... More »

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Weaker euro helps propel euro zone factory growth to six-year high

A man works at the assembly line in the truck production plant of truck and bus-maker MAN AG in Munich, Germany July 30, 2015. REUTERS/Michaela Rehle Euro zone manufacturing growth accelerated to a six-year high in February as a weaker euro helped drive strong... More »

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Euro zone businesses growth fastest since April 2011: PMIs

Employees use sewing machines as they work at the Royal Mer Bretagne factory, a specialist in French manufactured knitted clothes, in La Regrippiere, western France, November 28, 2016. REUTERS/Stephane Mahe Eurozone private sector and manufacturing growth unex... More »

‘Lop-sided’ euro zone factory growth slowed in July: PMI

LONDON Aug 1 – Manufacturing growth across the euro zone eased in July, a survey showed on Monday, and signs of a sharper slowdown outside powerhouse Germany may add to calls for the European Central Bank to loosen policy again. Markit’s Purchasing Managers’ I... More »