BusinessEconomy Euro zone factory downturn deepened in April – PMI The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) – Euro zone factory activity contracted further last month, albeit not by as much as initially thought, while the…
BusinessEconomy Italy’s manufacturing sector contracts sharply in April – PMI The Cheap InvestorMay 2, 2023May 2, 20230 ROME (Reuters) – Italy’s manufacturing sector shrank in April, ending three months of growth, as production and new orders fell…
BusinessEurope German makers of Leopard 2 tank settle legal dispute The Cheap InvestorMay 2, 2023May 2, 20230 DUESSELDORF (Reuters) – German arms makers Rheinmetall and Krauss-Maffei Wegmann have settled a legal dispute over the intellectual property rights…
BusinessEconomy German manufacturing contracts in April but output ticks up -PMI The Cheap InvestorMay 2, 2023May 2, 20230 BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in almost three years in April, although firms increased…
BusinessEconomy French manufacturing contracts further in April – final PMI The Cheap InvestorMay 2, 2023May 2, 20230 PARIS (Reuters) – France’s manufacturing sector contracted further in April as new orders fell and the impact of protests against…
BusinessEconomy Factbox-Lawsuits lodged over state-backed Credit Suisse takeover The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) -Hundreds of lawsuits have been filed over the terms of an emergency deal to save Swiss lender Credit Suisse…
BusinessEconomy Australia central bank stuns with 25-bps hike, warns more might be needed The Cheap InvestorMay 2, 2023May 2, 20230 By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday stunned markets by raising its cash rate 25 basis points…
AsiaBusiness Analysis-Japan’s automakers have a made-in-China sales crisis The Cheap InvestorMay 2, 2023May 2, 20230 By Daniel Leussink TOKYO (Reuters) – Japan’s automakers are facing a sales crisis in China, data shows, as a rapid…
AsiaAustralia Australian landlords push back on property valuation doomsday The Cheap InvestorMay 2, 2023May 2, 20230 By Lewis Jackson SYDNEY (Reuters) – Australia’s biggest landlords and developers played down concerns about inflated commercial property valuations at…
BusinessTechnology EU, US warn Malaysia of security risk in Huawei’s bid for 5G role – FT The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) -The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as it finalises…