Services PMI stronger than preliminary Dec reading BoE data shows net consumer borrowing strongest since 2017 Mortgage approvals also above Reuters poll forecasts Recession risks seen receding Economy will be centre ground of expected UK election LONDON, Jan 4 Reuters Britain39;s economy ended 2023 on a stronger footing than previously thought, according to a survey […]

FRANKFURT, Jan 4 Reuters Germany cuts its gas imports by 32.6 in 2023, mainly as it saved on energy and exported less after Russia cut off westbound shipments the previous year, the energy regulator said on Thursday. Germany was formerly a major customer of Russian pipeline gas but, after the onset of the war in […]

MADRID, Jan 4 Reuters The amount of electricity consumed in Spain fell 2.3 for a second straight year in 2023, raising concerns of a supply surplus as the renewable sector ramps up more quickly than fossil and nuclearfuelled sources wind down. With renewable sources breaking records and the government planning to massively increase their contribution to the energy mix […]

PARIS, Jan 4 Reuters France has detected bird flu on a duck farm in the Vendee region in the west of the country, the farm ministry said on its website, the first such outbreak since France started vaccinating against the virus last year. The Vendee prefecture said highly pathogenic avian influenza, commonly called bird flu, […]

TORONTO, Jan 4 Reuters Canadian energy, power and mining companies are expected to lead a rebound in dealmaking this year helped by lower interest rates, following a slump in overall mergers and acquisitions in 2023 to the lowest since the outbreak of COVID19, bankers said. Money markets are betting that the Bank of Canada BoC, […]

Job openings fall 62,000 to 8.790 million in November Quits decline 157,000; layoffs drop 116,000 Manufacturing PMI rises to 47.4 in December from 46.7 WASHINGTON, Jan 3 Reuters U.S. job openings fell to nearly a threeyear low in November as the labor market gradually cools, which could pave the way for the Federal Reserve to […]

BEIJING, Jan 4 Reuters China39;s services activity expanded at the fastest pace in five months thanks to a solid rise in new business, a privatesector survey showed on Thursday, lifting the degree of optimism in the sector to a threemonth high. The data, offering a snapshot of business sentiment, was in contrast to an official survey on […]

DUBLIN, Jan 4 Reuters Growth in Ireland39;s services sector slowed in December as higher prices tempered new business demand, but new exports and the outlook for future activity both improved, a survey showed on Thursday. The AIB Global SP Purchasing Managers39; Index PMI slipped to 53.2 from 54.2 in November. The index has stayed above […]

BENGALURU, Jan 4 Reuters The contraction in euro zone business activity continued at the end of 2023 due to a persistent downturn in the dominant services industry, a survey showed on Thursday, indicating the bloc39;s economy was in recession. HCOB39;s Composite Purchasing Managers39; Index PMI, compiled by SP Global and seen as a good gauge […]