Monmouth County awards over $7.5 million in contracts for energy, emergency services and infrastructure
FREEHOLD, N.J. — The Monmouth County Board of County Commissioners has approved a series of contracts totaling more than $7.5 million during its most recent meeting, covering energy supply agreements, public safety…
Italy retail sales fall in February as food-buying contracts
(Reuters) – Italy’s retail sales fell both in value and in volume in February from the month before, statistics institute ISTAT said on Wednesday, as families cut down on food purchases. The…
Japan’s factory activity contracts for fifth month – PMI
TOKYO (Reuters) – Japan’s manufacturing activity contracted for a fifth straight month in March as output and new orders remained under pressure, a survey showed on Friday, suggesting the economic recovery is…
Fed funds futures contracts price in further quarter-point hikes
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising rates a quarter of a point at…
South Korea factory activity contracts in January at slightly milder pace – PMI
SEOUL (Reuters) – South Korea’s factory activity contracted for a seventh straight month in January, a business survey showed on Wednesday, amid weak global demand and soaring COVID-19 infections in China. Still,…
Tesla under fire in Germany over union concerns on working hours, contracts
BERLIN (Reuters) – Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg plant,…
U.S. service sector contracts in December, price increases slow – ISM survey
WASHINGTON (Reuters) – U.S. services industry activity contracted for the first time in more than 2-1/2 years in December amid weakening demand, while the pace of increase in prices paid by businesses…
U.S. manufacturing sector contracts, prices decline in December-ISM
WASHINGTON (Reuters) – U.S. manufacturing contracted further in December, but weakening demand amid higher borrowing costs pushed a measure of prices paid by factories for inputs to the lowest level in more…
Turkish factory activity contracts in Dec but shows improvement -PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for the 10th month running in December but showed some signs of improvement from previous months as output and new orders fell more slowly, a…
China Dec manufacturing contracts sharply as COVID infections soar
BEIJING (Reuters) -China’s factory activity shrank for the third straight month in December and at the sharpest pace in nearly three years as COVID infections swept through production lines across the country…
Japan Dec factory activity contracts at fastest pace in 26 months
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the fastest pace in more than two years in December on soft demand and persistent cost pressures, a corporate survey showed on Friday. While…
Four Individuals Charged With Fraudulently Obtaining Government Contracts Intended For Disadvantaged Small Business Owners
HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Scott E. Boone, age 51, of Enola, PA, Daniel E. McGuire, age 60, of Landisville, PA, Thomas…
Former Federal Contractor Sentenced to 42 Months and $172,500 fine for Bribery Involving Millions in U.S. DOD Contracts
FAIRBANKS – A former government contractor and owner of Best Choice Construction LLC (Best Choice) was sentenced to 42 months in prison followed by two years of supervised release and a criminal…
Russia’s service sector contracts for second month running – PMI
MOSCOW (Reuters) – Conditions in Russia’s services industry declined for the second month running in November, a business survey published Monday showed, as companies continue to face pressure from Western sanctions, weak…
Germany to set up climate protection contracts with industry in 2023 – minister
(Reuters) – Germany will set up so-called climate protection contracts with industrial companies next year to support a transition towards cleaner production and a switch to hydrogen, Economy Minister Robert Habeck said…
U.S. manufacturing sector contracts in November – ISM
WASHINGTON (Reuters) – U.S. manufacturing activity contracted for the first time in 2-1/2 years in November as higher borrowing costs weighed on demand for goods, but a measure of prices paid by…
U.S. awards emergency reserve oil contracts to six cos, including Phillips 66, Shell
WASHINGTON (Reuters) – The U.S. Department of Energy on Thursday said six companies had been awarded contracts for the latest sale of oil from the Strategic Petroleum Reserve. The contracts were awarded…
Florida Man Pleads Guilty to Paying Bribes in Exchange for Contracts
BOSTON – A Florida man has pleaded guilty in federal court in Springfield in connection with paying bribes to receive contracts for work at a college in New York. Willian Borges, 30,…
S.African business activity contracts in Sept -PMI
(Reuters) – South African private sector activity contracted in September as increased power cuts led to steep falls in output and new orders, a survey showed on Wednesday. S&P Global’s South Africa…
Spanish services sector contracts in Sept after eight months of growth -PMI
MADRID (Reuters) – Activity in Spain’s services sector contracted in September for the first time since January, with businesses finding market conditions increasingly adverse, a survey showed on Wednesday. S&P Global’s Purchasing…
Turkish factory activity contracts for seventh straight month in Sept -PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for a seventh consecutive month in September as weak demand slowed down output and purchasing activity, a business survey showed on Monday. Turkey’s Purchasing Managers’…
China’s Sept factory activity contracts more sharply as demand slumps – Caixin PMI
BEIJING (Reuters) – China’s factory activity contracted at a sharper pace in September as strict COVID lockdowns disrupted production and dampened sales, a private sector survey showed on Friday. Weakening global demand…
German chancellor Scholz contracts coronavirus, has mild cold symptoms
BERLIN (Reuters) -German Chancellor Olaf Scholz has tested positive for coronavirus and is showing mild symptoms of a cold, a government spokesperson said on Monday. Scholz is isolating in the federal chancellery.…
Former Nigerian militants get contracts to combat oil theft
(Corrects spelling of spokesman Paul Bebenimibo in paragraphs 5, 6 and 8) By Tife Owolabi YENAGOA, Nigeria (Reuters) – Nigeria’s state oil company has hired a company owned by former militant Tompolo,…
Italy service sector contracts in July – PMI
ROME – Italy’s services sector contracted in July for the first time since January as new business fell and inflationary pressures rose, a survey showed on Wednesday. S&P Global’s Purchasing Managers’ Index…
German manufacturing sector contracts as new orders slump – PMI
BERLIN – Germany’s manufacturing sector contracted in July for the first time in over two years, hurt by a deepening slump in new orders that darkens the outlook for Europe’s largest economy,…
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