Euro zone factory downturn deepened in April – PMI
(Reuters) – Euro zone factory activity contracted further last month, albeit not by as much as initially thought, while the…
Business
Italy’s manufacturing sector contracts sharply in April – PMI
ROME (Reuters) – Italy’s manufacturing sector shrank in April, ending three months of growth, as production and new orders fell…
German makers of Leopard 2 tank settle legal dispute
DUESSELDORF (Reuters) – German arms makers Rheinmetall and Krauss-Maffei Wegmann have settled a legal dispute over the intellectual property rights…
German manufacturing contracts in April but output ticks up -PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in almost three years in April, although firms increased…
French manufacturing contracts further in April – final PMI
PARIS (Reuters) – France’s manufacturing sector contracted further in April as new orders fell and the impact of protests against…
Factbox-Lawsuits lodged over state-backed Credit Suisse takeover
(Reuters) -Hundreds of lawsuits have been filed over the terms of an emergency deal to save Swiss lender Credit Suisse…
Australia central bank stuns with 25-bps hike, warns more might be needed
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday stunned markets by raising its cash rate 25 basis points…
Analysis-Japan’s automakers have a made-in-China sales crisis
By Daniel Leussink TOKYO (Reuters) – Japan’s automakers are facing a sales crisis in China, data shows, as a rapid…
Australian landlords push back on property valuation doomsday
By Lewis Jackson SYDNEY (Reuters) – Australia’s biggest landlords and developers played down concerns about inflated commercial property valuations at…
EU, US warn Malaysia of security risk in Huawei’s bid for 5G role – FT
(Reuters) -The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as it finalises…