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The Consumer Takes on Embedded Payments
Date: July 6, 2022
By James Titman, Vice President of Embedded Finance. It might be a hot topic for merchants, payments providers, banks, and a plethora of other financial services players, but what do consumers think – and know – about embedded payments? A trend that’s rarely been out of the spotlight and continues to drive billions in investments...
UK Firms See Small Pick-Up in June but Inflation Worries Mount – PMI
Date: July 5, 2022
LONDON (Reuters) – Growth among British businesses last month was a touch stronger than originally thought but there were further signs of how surging inflation is dragging on new orders, raising fears of a recession, a survey showed on Tuesday. The composite S&P Global/CIPS Purchasing Managers Index – spanning services and manufacturing firms – edged...
Research Reveals Use of Web Content Tools Is Expected to Grow as Internet Restrictions Continue to Tighten
Date: July 1, 2022
New research has found 82% of internet users in countries with some of the world’s harshest internet censorship regulations expect the need for web access tools to grow in the next year. The research, carried out by Hola, gathered insights from 2000 internet users across China, Saudi Arabia, Vietnam and United Arab Emirates (UAE), and...
Factory Growth Feeble in June, Feeding Global Recession Fears
Date: July 1, 2022
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Global factory growth stalled in June as higher prices and a darker economic outlook left consumers wary of making purchases while China’s strict COVID-19 lockdowns and Russia’s invasion of Ukraine added to supply chain disruptions, surveys showed. Economic slowdown risks in Europe and the United States have...
Euro Zone Factory Production Falls in June for First Time in Two Years -PMI
Date: July 1, 2022
LONDON (Reuters) – Euro zone manufacturing production fell last month for the first time since the initial wave of the coronavirus pandemic two years ago as higher prices and a darkening economic outlook kept consumers wary of making purchases, a survey showed. S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) fell to 52.1 in June...
Polish Manufacturing Gloom Deepens as Ukraine War Weighs -PMI
Date: July 1, 2022
WARSAW (Reuters) – The Polish manufacturing sector contracted in June, a survey showed on Friday, with the war in Ukraine and a related surge in inflation leading to fewer orders, shrinking production and job losses. S&P Global’s Polish Manufacturing Purchasing Managers’ Index (PMI) fell to 44.4 in June from 48.5 in May, remaining below the...