Oct 2 Reuters Euro area government bond yields rose on Wednesday after longdated yields posted their biggest daily fall since midJune the day before on concerns about economic growth. Fears of a wider regional conflict in the Middle East added downside pressure as investors rushed into the safety of government bonds, but its impact remained […]

BERLIN, Oct 2 Reuters Germany rejected a proposal by Italy to bring forward a planned European Union review of the bloc39;s ban on the sale of new internal combustion engine cars from 2035, saying it would lower standards and cause uncertainty for industry. Germany will not entertain discussion on potentially watering down the European CO2 emission performance […]

SEOUL, Oct 2 Reuters South Korea39;s factory activity contracted at the sharpest pace in 15 months in September as overseas demand slowed for the first time in the year, a private survey showed on Wednesday, suggesting a slow road to a fullblown economic recovery. The purchasing managers index PMI for manufacturers in Asia39;s fourthlargest economy, […]

S.Korea Sept inflation 1.6 yy vs 1.9 forecast Falls below BOK39;s target for first time since early 2021 Firms rate cut case ahead of policy meeting on Oct. 11 SEOUL, Oct 2 Reuters South Korea39;s consumer inflation cooled more than forecast in September and below the central bank39;s target for the first time since early […]

LONDON, Oct 2 Reuters Pay settlements awarded by British employers held at their lowest in two years in the three months to August, according to a survey that could reassure the Bank of England as it considers whether to cut interest rates again. Incomes Data Research said on Wednesday that the median pay settlement awarded […]

KAMPALA, Oct 2 Reuters Uganda has formed a stateowned mining company to manage the government39;s equity interests in mining operations, its minister for energy and mineral development, Ruth Nankabirwa, said. All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses. Under a new mining […]

BERLIN, Oct 2 Reuters The German automotive sector was able to recover somewhat in September from a dramatic tumble in sentiment the previous month but it remains deep in negative territory, according to an industry survey published on Wednesday. The Ifo Institute39;s business climate index for the sector improved by 1.3 points in September to […]

PM Starmer to host international investors on Oct. 14 UK needs billions to upgrade infrastructure and foster growth Investors want clarity on utilities regulation, budget plans Public anger at private water companies for dirty rivers LONDON, Oct 2 Reuters British Prime Minister Keir Starmer faces a tough sales job this month in his first highprofile […]

BERLIN, Oct 2 Reuters German plant and equipment makers39; orders jumped 7 in August, driven by a surge in contracts from abroad due to oneoff effects, the VDMA association said on Wednesday, cautioning that the situation had not yet hit the bottom. Overall, orders were up 7 in real terms on the year in August, […]