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BusinessGerman Job Market Continues Losing Steam, Labour Institute Says
Top StoriesMore Flexibility Can Keep Sick UK Employees in Work, Report Says
BusinessUK Firms Jittery About Rise in Labour Costs and Trump Tariffs, Survey Shows
BusinessEuro Zone Business Activity Declines Sharply in November, PMI Shows
Russian Services Sector Expands for Fifth Month Running, PMI Shows
Date: December 4, 2024
(Reuters) – Activity across Russia’s services sector expanded for a fifth month running in November and at its fastest pace since January, a business survey showed on Wednesday, driven by a rise in new orders. The S&P Global Purchasing Managers’ Index for Russian services rose to 53.2 in November from 51.6 in October, moving further...
Delivery Hero Sees 100 Million Euro Hit From Making Spanish Riders Employees
Date: December 2, 2024
By Paolo Laudani (Reuters) -Delivery Hero will hire freelance riders at its Glovo unit in Spain as full-time employees, the food delivery firm said on Monday, warning of a 100 million euro ($105 million) hit to earnings and sending its shares down almost 10%. Between 2022 and 2023, Spain fined Glovo for not formally hiring...
Scottish Power Invites Grangemouth, Isg Workers to Apply
Date: December 2, 2024
LONDON (Reuters) – Iberdrola’s Scottish Power said it is seeking 1,000 recruits next year and has urged workers facing redundancy at the Scottish Grangemouth oil refinery and British construction firm ISG to apply for roles. Britain increased the ambition of its climate targets at last month’s annual U.N. climate talks and said it is aiming...
Euro Zone Nov Factory Activity Fell Sharply; Outlook Gloomy, PMI Shows
Date: December 2, 2024
LONDON (Reuters) – Euro zone manufacturing activity fell sharply last month and a further decline in demand likely dashed any hopes for an imminent recovery after the sector had showed some signs of stabilisation in October, a survey showed. HCOB’s final euro zone manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, sank to 45.2...
Floods Slow Spanish Manufacturing Growth in November, PMI Shows
Date: December 2, 2024
MADRID (Reuters) – Spain’s manufacturing sector expanded at a slower pace in November, hindered by the severe floods in the region of Valencia on the eastern coast, a survey showed on Monday, though confidence in future growth remained robust. The HCOB Spain Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 53.1 in...
Polish Manufacturing PMI Dips as New Orders Fall, Outlook Weakens
Date: December 2, 2024
WARSAW (Reuters) – Poland’s manufacturing sector saw a renewed contraction in November as new orders fell at their fastest pace in three months, pushing output back into decline, an S&P Global business survey showed on Monday. The Poland Manufacturing Purchasing Managers’ Index (PMI) slipped to 48.9 in November from 49.2 in October, marking the first...