Inflation, gas supply concerns end German services sector rebound -PMI
BERLIN – Germany’s services sector saw its six-month expansion come to an end in July as higher prices and growing concerns over gas supplies put the brakes on a post-lockdown…
BERLIN – Germany’s services sector saw its six-month expansion come to an end in July as higher prices and growing concerns over gas supplies put the brakes on a post-lockdown…
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…
MADRID – Activity in Spain’s services sector grew in July at the slowest pace since March, with companies increasingly concerned about the impact of high inflation on businesses and the…
MOSCOW – Russia’s services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong domestic demand outweighed slumping export…
CAIRO – Egypt’s non-oil private sector activity shrank again in July, but at a slower pace than June’s two-year low, as demand remains weakened by inflation and shortages continue to…
TOKYO – Japan’s services sector activity almost completely stagnated in July as rising inflation and growing economic uncertainty weighed on sentiment, while firms also said a boost from the lifting…
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…
ROME – Italy’s manufacturing sector contracted in July for the first time in more than two years, a survey showed on Monday, amid a sharp decline in factory production. The…
By Sarah Wu TAIPEI – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees continued growth for the industry into next year, even as soaring inflation and recession…
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – As Russian banks contend with foreign currency and payment headaches, the…
China Just Turbo-Charged Its Tech Sector. Is The Biden Admin To Blame? Micaela Burrow on July 21, 2022 A major Chinese semiconductor producer secretly developed advanced chip technology, and the…
DEL RIO, Texas – U.S. Border Patrol agents assigned to the Del Rio Sector recently apprehended two convicted sex offenders. July 12, Brackettville Station agents encountered Jose Francisco Perdomo-Amador, 61,…
(Reuters) – Electric vehicle charging companies are undergoing a sweeping consolidation and revaluation, according to a Reuters analysis of data provided by investor website PitchBook. More than 20 EV charging…
WASHINGTON – The U.S. services industry slowed less than expected in June, but a measure of services employment dropped to a two-year low, suggesting that demand for labor could be…
ROME – Italy’s services sector growth slowed for a second month running in June amid high inflation and faltering demand, a survey showed on Tuesday. S&P Global’s Purchasing Managers’ Index…
NAIROBI – Kenya’s private sector activity contracted in June for the third month in a row, reaching its lowest level since April 2021, due to rising prices and shortages of…
MOSCOW – Russia’s service sector expanded last month for the first time since February, when Moscow sent tens of thousands of troops into Ukraine, a business survey showed on Tuesday.…
DUBAI – Saudi Arabia’s non-oil private sector expanded in June at its fastest pace since September as demand continued to rise strongly despite the highest inflation in nearly two years,…
TOKYO – Japan’s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those…
MOSCOW – President Vladimir Putin has signed a decree to seize full control of Sakhalin-2 gas and oil project in Russia that could force out Shell and Japanese investors, Moscow’s…
Obama Officials Who Then Worked For Biden Cashed In Massively In Private Sector, Filings Show Gabe Kaminsky on June 23, 2022 Seventy-seven officials who served under Democratic Presidents Barack Obama…
By Praveen Menon and Byron Kaye SYDNEY – Australia’s sex discrimination commissioner has called for urgent changes in the country’s mining industry after a state government report found that sexual…
LONDON – The British government needs to be sensible about public sector pay, junior treasury minister Simon Clarke said on Monday, warning that above-inflation rises would only worsen general inflation…
TOKYO – Japan’s service sector sentiment index rose for the third straight month in May, a sign of improving sentiment about the overall economy, a Cabinet Office survey showed on…
CAIRO – Non-oil private sector activity in Egypt contracted for an 18th month in May as the Ukraine crisis, import restrictions and a devalued currency put pressure on prices, a…