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Top StoriesAllianz Trade in Asia Pacific Planning for Growth in India
Top StoriesDrop in Euro Zone Investor Mood Slows in October – Survey
Top Stories‘Get Britain Building Again’, UK’s Labour Sets Out Growth Plan
Top StoriesSentiment Among Small German Businesses Near Pandemic Lows -Survey
Novo Nordisk’s Wegovy Bonanza Looms Large in Denmark
Date: October 5, 2023
Novo Nordisk’s Wegovy bonanza looms large in Denmark By Maggie Fick COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, Novo Nordisk, but also for its home country of Denmark. Interviews with Danish economists, analysts, and executives at the Novo Nordisk Foundation which controls Novo...
UK Business Downturn Eases After Inflation Data, BoE Pause – PMI
Date: October 4, 2023
UK business downturn eases after inflation data, BoE pause – PMI LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surprise fall in inflation and the Bank of England’s decision to leave interest rates on hold, a business survey showed on Wednesday. The final reading of...
Euro Zone Economy Likely Contracted in Q3 Amid Waning Demand
Date: October 4, 2023
Euro zone economy likely contracted in Q3 amid waning demand By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed demand fell in September at the fastest pace in almost three years as indebted consumers reined in spending in the face of rising borrowing costs...
Factbox-Italy Feels Health Sector Pinch as Europe Struggles Post COVID-19
Date: October 4, 2023
Factbox-Italy feels health sector pinch as Europe struggles post COVID-19 ROME (Reuters) – Italy’s government has warned that a shortage of doctors and nurses in the national health service represents a “real emergency”. To help overcome the crisis, some hospitals are offering contracts to foreign medics to fill the gaps. However, health experts say this...
Euro Zone Aug Producer Prices Edge up Month-On-Month as Expected, Plunge Year-On-Year
Date: October 4, 2023
Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a sharp drop in energy prices, data showed on Wednesday. The European Union’s statistics office Eurostat said prices at factory gates in the 20 countries...
Euro Zone Factory Activity Stuck in Steep Downturn in Sept – PMI
Date: October 2, 2023
Euro zone factory activity stuck in steep downturn in Sept – PMI LONDON (Reuters) – Euro zone manufacturing activity remained mired in a deep and broad-based downturn last month, according to a survey which showed on Monday that demand kept shrinking at a pace rarely surpassed since the data was first collected in 1997. HCOB’s...