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Top StoriesUK Retail Sales Go Into Reverse This Month, Cbi Survey Shows
Top StoriesGerman Business Sentiment Unexpectedly Darkens in June, Ifo Says
Top StoriesGerman Investor Morale Rises Modestly in June, Zew Says
BusinessAddressing Expense Fraud: A Vital Concern for Businesses Amidst Economic Strain in the UK
UK Housing Market Falters as Rate Cut Hopes Fade, Rics Survey Shows
Date: June 13, 2024
UK housing market falters as rate cut hopes fade, RICS survey shows By Andy Bruce (Reuters) – Britain’s housing market lost momentum in May as the prospect of imminent rate cuts by the Bank of England faded, spurring a drop in buyer demand and house prices, a survey showed on Thursday. The Royal Institution of...
UK Services Firms Report Slower Growth and Weaker Inflation, PMI Shows
Date: June 5, 2024
UK services firms report slower growth and weaker inflation, PMI shows By David Milliken LONDON (Reuters) – Growth among Britain’s services businesses eased in May from April’s 11-month high and inflation pressures dropped to their lowest in three years, a survey showed on Wednesday, potentially easing the way for a Bank of England rate cut...
Euro Zone Business Activity Expands at Fastest Rate in a Year, PMI Shows
Date: June 5, 2024
Euro zone business activity expands at fastest rate in a year, PMI shows BENGALURU (Reuters) – Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc’s dominant services industry outpaced contraction in manufacturing, according to a private survey, which also showed price pressures easing. HCOB’s composite...
Euro Zone Manufacturing Sees Potential Signs of Recovery in May, PMI Shows
Date: June 3, 2024
Euro zone manufacturing sees potential signs of recovery in May, PMI shows LONDON (Reuters) – The long-running downturn in euro zone manufacturing may have turned a corner last month, according to a survey which showed new orders declined at their slowest pace in two years, leading to improved business confidence. HCOB’s final euro zone manufacturing...
Downturn in German Manufacturing May Be Bottoming Out, PMI Shows
Date: June 3, 2024
Downturn in German manufacturing may be bottoming out, PMI shows BERLIN (Reuters) – The downturn in Germany’s manufacturing sector, which accounts for about a fifth of Europe’s biggest economy, showed signs of bottoming out in May as output and new orders declined at a much slower pace than the month before, a survey showed on...
Asian Factory Activity Expands in May on Robust Global Demand
Date: June 3, 2024
Asian factory activity expands in May on robust global demand By Leika Kihara TOKYO (Reuters) -Asian factory activity expanded in May as manufacturers benefited from broadening global demand, private surveys showed on Monday, adding to hopes for sustained economic recovery in the region where China is showing early signs of a rebound. Manufacturing activity expanded...