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Top StoriesEuro Zone Factory Activity Declined Again in Sept as Energy Bills Bite -PMI
Top StoriesCentral Europe’s Manufacturing Strain Reaches Hungary
Top StoriesGerman Manufacturing Shrinks in Sept as New Orders Slump – PMI
Top StoriesItaly Manufacturing Activity Contracts for 3rd Month Running – PMI
Asia’s Factory Activity Weakens on Global Slowdown, Cost Pressures
Date: October 3, 2022
By Leika Kihara TOKYO (Reuters) – Asia’s factory output mostly weakened in September as slowing demand in China and advanced economies added to the pain from persistent cost pressures, surveys showed on Monday, clouding the region’s economic recovery prospects. Manufacturing activity shrank in Taiwan and Malaysia, and grew at a slower pace in September compared...
Inflation Weighs on Consumer Morale in Euro Zone’s Big Three Economies
Date: September 28, 2022
BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of relenting heading into winter, according to surveys on Wednesday. German consumer morale is projected to hit a new record low for the fourth consecutive month heading into October, according to the GfK institute, which said...
UK Consumer Mood Sinks to New Depths Despite Energy Bills Help
Date: September 23, 2022
By Andy Bruce LONDON (Reuters) – British consumer confidence slid this month to its lowest level since records began in the mid-1970s, with scant sign of any boost from Prime Minister Liz Truss’s announcement of additional support for households. The consumer confidence index from market research firm GfK fell to -49 in September from -44...
UK Manufacturers Gloomy About Near-Term Outlook – Cbi
Date: September 21, 2022
By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production since the start of last year over the next three months, a monthly survey from the Confederation of British Industry showed on Wednesday. The CBI’s expected output balance – which measures the difference between the percentage of manufacturers who expect a rise...
How a Failure to Fully Automate AR Processes Is Costing Businesses Money
Date: September 20, 2022
By Bojana Miletic, Solutions Specialist at BlueSnap The accounts receivable (AR) automation market is expected to double in value to $3 billion by 2024, but research shows that nearly half (49%) of global businesses are stuck using legacy AR processes. Why? 71% of business executives don’t understand what the technology is and how it can...
What Does the Interest Rate Hike Mean for Businesses – and How Are They Coping?
Date: September 16, 2022
Simon England, Managing Director, Equals Money With relatively small margins, market share, and capital pools, there is little to buffer Britain’s small and medium businesses from the complex economic crisis. Recently, the Bank of England announced its sixth consecutive interest rate increase – the largest since the Bank was made independent in 1997 –...