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Top StoriesEnd of ‘Zero Covid’ Fails to Boost German Investment in China – Survey
BusinessBig Global Employers Plan Modest Cuts to Office Space: Knight Frank
Top StoriesEuro Zone Consumers More Hopeful on Inflation
Top StoriesEuro Zone Business Growth Slowed in May as Factories struggled-PMI
Global Factories Struggle for Momentum Amid Patchy Demand
Date: June 1, 2023
Global factories struggle for momentum amid patchy demand By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Sluggish global demand deepened the decline in manufacturing activity across Europe and remained a major challenge for many of Asia’s big exporters, business surveys for May showed on Thursday. Purchasing managers’ indexes (PMIs) for the euro zone moved further...
UK Shop Price Inflation Strikes New Record High: Brc
Date: May 30, 2023
LONDON (Reuters) – British shop price inflation picked up this month to reach its highest rate since industry records began in 2005, although growth in food prices cooled slightly, a survey showed on Tuesday. The British Retail Consortium said prices in supermarkets and retail chains rose 9.0% in the year to May, after an 8.8%...
Services Drive Acceleration in German Business Activity in May -Flash PMI
Date: May 23, 2023
Services drive acceleration in German business activity in May -flash PMI BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector revival that more than offset a manufacturing decline in Europe’s largest economy, a preliminary survey showed on Tuesday. The HCOB German Flash Composite Purchasing...
UK Firms Cut Hiring of Permanent Staff, Recruiters’ Survey Shows
Date: May 10, 2023
UK firms cut hiring of permanent staff, recruiters’ survey shows LONDON (Reuters) – British firms reduced hiring of permanent staff via recruitment agencies at the fastest pace in more than two years, a survey showed on Wednesday, a day before the Bank of England announces its latest move to tackle inflation pressure. The Recruitment and...
Euro Zone April Business Activity Grows on Strong Services Demand – PMI
Date: May 4, 2023
Euro zone April business activity grows on strong services demand – PMI By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, though less than initially indicated, as robust services more than offset a downturn in manufacturing, according to a survey that also showed inflation was at its lowest...
Sport-Ronaldo Tops Forbes’ Highest-Paid Athletes List in 2023 After Saudi Move
Date: May 3, 2023
Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move (Reuters) – Cristiano Ronaldo became the world’s highest-paid athlete after his move to Saudi Arabian side Al-Nassr nearly doubled his annual playing salary while Paris St Germain duo Lionel Messi and Kylian Mbappe round off the top three, according to Forbes. Ronaldo, who joined...