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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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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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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 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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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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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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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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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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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 »