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UK Construction Sector Suffers April Slowdown on Higher Costs -S&p/cips
Date: May 6, 2022
LONDON (Reuters) – Britain’s construction sector in April had its slowest month since January, hit by rising costs and higher interest rates to finance new projects, a survey published on Friday showed. The S&P Global/CIPS construction Purchasing Managers’ Index (PMI) slipped to 58.2 from 59.1 in March, which was its joint-highest reading since June 2021....
The ‘s’ in ESG’s Impact on M&A & How to Mitigate Risks
Date: May 5, 2022
By Rusty Wiley, Chief Executive Officer of Datasite Strong environmental, social, and corporate governance (ESG) is increasingly viewed as a mark of business quality and a favorable predictor of long-term revenue by global regulators, investors, customers, and employees. In turn, ESG is also becoming a more vital part of mergers and acquisitions (M&A) strategies. For...
Has Shop Local Sentiment Rolled Over Into Business Procurement
Date: May 5, 2022
By Steve Ellis, Managing Director at FPE Seals, The past few years have changed the way the public looks at shopping. The Local Data Company conducted a survey that showed that between March 2020 and May 2021, there was an increase in openings of local food shops and delicatessens by 11.6%. This trend comes as a...
China’s Covid Controls Makes EU Firms Consider Shifting Investments – Chamber
Date: May 5, 2022
SHENZHEN, China (Reuters) -European businesses in China are increasingly looking to shift their investments to other markets due to the country’s strict COVID-19 containment measures and supply chain disruptions, the European Chamber of Commerce in China said on Thursday. A member survey found that almost a quarter of respondents were considering moving current or planned...
UK Business Activity Slows to Three-Month Low as Inflation Soars – PMI
Date: May 5, 2022
By David Milliken LONDON (Reuters) – British private-sector growth slowed to its weakest pace in four months in April as businesses raised prices on the broadest basis since at least the late 1990s, a closely watched survey showed on Thursday. The figures from the S&P Global/CIPS Purchasing Managers’ Index (PMI) highlight the challenge facing the...
German Services Sector Still on Growth Path in April -PMI
Date: May 4, 2022
BERLIN (Reuters) – Germany’s services sector remained on a strong recovery path in April, buoyed by robust demand after COVID-19 restrictions were lifted, a survey showed on Wednesday. S&P Global’s final services Purchasing Managers’ Index (PMI)rose to 57.6 last month from 56.1 in March, reaching its highest value since August. The reading was slightly lower...