Exports fell 4.6 in December, versus poll forecast for 2 fall Ifo Institute says lack of manufacturing orders weighing on economy Economists warn data pointing to another recession BERLIN, Feb 5 Reuters German exports fell more than expected in December due to weak global demand, data from the federal statistics office showed on Monday. Exports […]

LONDON, Feb 5 Reuters Britain39;s unemployment rate was much lower late last year than previously thought, the Office for National Statistics said on Monday, citing reweighted survey results that might add to the Bank of England39;s caution about cutting interest rates quickly. The new data which reflect the latest estimates of Britain39;s population showed an […]

LONDON, Feb 5 Reuters The euro zone economy showed tentative signs of recovery at the start of the year, according to a survey which showed rising inflationary pressures, bolstering the European Central Bank39;s case for keeping interest rates at record highs. HCOB39;s composite PMI for the bloc, compiled by SP Global and seen as a […]

SHANGHAI, Feb 5 Reuters China39;s securities regulator vowed to prevent abnormal market fluctuations, after Chinese stocks plunged to fiveyear lows, but announced no specific measures. The watchdog also said it will crack down on illintended short selling, attract more investment by longterm capital, and earnestly listen to investors39; voices. China39;s bluechip CSI300 Index tumbled nearly 5 […]

PARIS, Feb 5 Reuters France39;s service sector continued to contract in January, dragged down by weak demand and marking the longest downturn in over a decade, a survey among business executives showed on Monday. The HCOB France final purchasing managers index PMI for the services sector, compiled by SP Global, stood at 45.4, down from […]

LONDON, Feb 5 Reuters British services businesses started 2024 on a robust footing, with a solid inflow of new orders and the fastest hiring in six months, as the prospect of lower interest rates made customers more willing to spend, a survey showed on Monday. The SP Global services PMI for Britain rose to 54.3 […]

Feb 5 Reuters Britain sold its one millionth battery electric vehicle BEV in January despite a drop in private buyer demand, an industry body said Monday, calling on the government to provide relief to buyers in next month39;s budget. Overall new car sales in January rose 8.2 to 147,876 units, the best since 2020, buoyed […]