June 24 Reuters British manufacturing orders contracted in June at a reduced pace compared with a month earlier, despite a sharp drop in export orders, a survey from the Confederation of British Industry showed on Monday. Its monthly gauge of new manufacturing orders rose in June to 18 from 33 in May, a threemonth high, […]

CANBERRALONDON, June 24 Reuters Hit with Chinese tariffs, Australia39;s wine industry struggled to offset the impact of falling exports despite scrambling to build new markets, source grapes from elsewhere and seek government help, industry executives said. That indicates what may be to come for food and drinkproducing sectors caught up in an EUChina trade dispute that threatens […]

BEIJING, June 24 Reuters China39;s fiscal revenue fell 2.8 in the first five months of 2024 from a year earlier, accelerating from a 2.7 decline in the JanuaryApril period, official data showed on Monday, as weak demand drags on the economic recovery. Fiscal expenditure rose 3.4 in the first five months, versus a 3.5 gain […]

MUMBAI, June 24 Reuters India39;s economy needs an interest rate cut to sustain high growth, two external members of the central bank39;s rate panel said, arguing that food price shocks so far have not added to broader inflationary pressures. Ashima Goyal and Jayanth Varma, who are members on the Reserve Bank of India39;s monetary policy […]

Morale dips to 88.6 vs 89.7 forecast Unexpected fall in expectations Analyst Figure as bad as it looks BERLIN, June 24 Reuters German business morale unexpectedly fell in June amid increasing pessimism about the performance of Europe39;s largest economy, a survey of around 9,000 managers showed on Monday. The Ifo institute said its business climate […]