Aug 22 Reuters British factory orders fell again this month but at a less severe pace than in July, according to a survey published on Thursday that showed little sign of a sustained recovery for the manufacturing sector. The Confederation of British Industry39;s monthly net balance of new orders rose in August to 22 from […]

NEW DELHI, Aug 22 Reuters India39;s food inflation is likely to fall in the coming months thanks to good harvests after monsoon rains replenished water levels in reservoirs, according to a government report on Thursday. The steady progress in the southwest monsoon has supported summer sown crops, India39;s finance ministry said in its monthly economic […]

TOKYO, Aug 22 Reuters Japan39;s factory activity shrank in August amid subdued demand although the pace of decline slowed, while the service sector expanded, showing upbeat conditions in some industries, a business survey showed on Thursday. Rising price pressures and labour constraints, however, continued to be a concern for Japanese firms, especially in the service […]

BERLIN, Aug 22 Reuters Germany39;s federal and regional state governments39; tax revenue fell strongly in July compared with the same month last year due to a sharp decline in revenue from sales taxes, the finance ministry said on Thursday. The federal and state governments39; tax revenue decreased by 7.9 yearonyear to a total of 63.8 […]

BENGALURU, Aug 22 Reuters India39;s business activity extended its robust growth streak in August as a stronger services industry offset a slight slowing in manufacturing expansion, according to a survey that indicated price pressures also were easing. Those findings suggest India will hold on to its title of fastestgrowing major economy over coming quarters despite […]

BERLIN, Aug 22 Reuters German business activity contracted in August for a second consecutive month and by more than expected, a preliminary survey showed on Thursday. The HCOB German flash composite Purchasing Managers39; Index, compiled by SP Global, fell to 48.5 in August from 49.1 in July, below the 49.2 forecast in a Reuters poll. […]

LONDON, Aug 22 Reuters Euro zone business activity showed surprising strength in August despite firms raising prices, a survey showed, potentially weakening expectations for two more rate cuts from the European Central Bank this year. However, the recovery was mixed as a strong rebound in the bloc39;s dominant services industry offset a deeper downturn among […]

NEW DELHI, Aug 22 Reuters India overtook China as the world39;s biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison of import data showed. Russian crude made up a record 44 of India39;s overall imports last month, rising to a record 2.07 […]