ROME, July 5 Reuters Italy39;s services sector growth slowed for a second month running in June amid high inflation and faltering demand, a survey showed on Tuesday. SP Global39;s Purchasing Managers39; Index PMI for services declined to 51.6 in June from 53.7 in May, slipping closer to the 50 mark that separates growth from contraction […]

WELLINGTON, July 5  New Zealand39;s business confidence continued to worsen in the second quarter of this year as companies grappled with increased costs and higher interest rates, a private think tank said on Tuesday. A net 65 of firms surveyed expected general business conditions to deteriorate compared with 40 pessimism in the previous quarter, the […]

DUBLIN, July 5 Reuters Growth in Ireland39;s services sector slowed markedly in June as concerns over inflation cut firms39; expectations for the next 12 months to the lowest level since the country was still in the grip of the COVID pandemic, a survey showed on Tuesday. The AIB SP Global Purchasing Managers39; Index PMI fell […]

BRUSSELS, July 5 Reuters The European Commission is planning measures to attract 45 billion euros 47 billion in private funding for deeptech startups, those based on significant scientific or engineering advances, an EU policy document seen by Reuters showed. A new Listings Act planned for later this year will also cut the cost of stock […]

LONDON, July 5 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 SP GlobalCIPS Purchasing Managers Index spanning services and manufacturing firms edged up […]

BERLIN, July 1 Reuters A sharp fall in new orders weighed on German manufacturing activity in June, darkening the outlook for Europe39;s largest economy, a survey showed on Friday. SP Global39;s final Purchasing Managers39; Index PMI for manufacturing, which accounts for about a fifth of Germany39;s economy, fell to 52.0 in June from May39;s final […]

ROME, July 1 Reuters Italy39;s manufacturing sector grew at the slowest pace in two years in June, a survey showed on Friday, as firms reported weak demand and increasingly downbeat expectations. The SP Global Purchasing Managers39; Index PMI for Italian manufacturing came in at 50.9, down from 51.9 in May and registering the lowest reading […]

MADRID, July 1 Reuters Factory activity in Spain grew in June at the slowest pace since January 2021 as a challenging economic environment, notably price increases, weighed on demand, a survey showed on Friday. SP Global39;s Purchasing Managers39; Index PMI for manufacturing stood at 52.6 in June, down from 53.8 in May, according to the […]

ZURICH, July 4 Reuters Swiss consumer price inflation touched a 29year high of 3.4 in June, more than economists had expected and the first time inflation in Switzerland has topped 3 since 2008. The reading the fifth month in a row that inflation has risen above the Swiss National Bank39;s 02 target range fuelled talk […]

ISTANBUL, July 4 Reuters Turkey39;s annual inflation rate jumped to a 24year high of 78.62 in June, data showed on Monday, just above forecast, driven by the impact of the Ukraine war, soaring commodity prices and a slide in the lira since a December crisis. Inflation has surged since last autumn, when the lira slumped […]