March 21 Reuters U.S. new vehicle sales are expected to rise 12.1 in March, fueled by strong demand and vehicle availability, according to a joint report by industry consultants J.D. Power and GlobalData on Thursday. WHY IT IS IMPORTANT While demand for personal transport has remained resilient, inventory levels have been rising as supply chain […]

BEIJING, March 21 Reuters China39;s tightening of rules for consumer finance companies is likely to force consolidation in the roughly 120 billion sector that provides highinterest loans for millions of people shut out of traditional banking. The National Financial Regulatory Administration NFRA announced revamped and stricter rules for the sector on Monday, measures that are expected to […]

BERLIN, March 21 Reuters Germany39;s economic downturn eased slightly in March as business activity in the countrys service sector came close to stabilising, a preliminary survey showed on Thursday. The HCOB German Flash Composite Purchasing Managers39; Index PMI, compiled by SP Global, rose to 47.4 in March from 46.3 in February. That was in contrast […]