South African factory activity contracts less in April – Absa PMI
JOHANNESBURG (Reuters) – South African manufacturing activity contracted again in April but less than in February and March, helped by…
Economy
JPMorgan’s takeover of First Republic fuels M&A expectations
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) -Few investors and bankers could have imagined regulators would allow the…
US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
By David Lawder, Trevor Hunnicutt, Andrea Shalal and David Morgan WASHINGTON (Reuters) – U.S. President Joe Biden on Monday summoned…
UK factory activity shrinks in April but cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) – British factory output and new orders contracted at the start of the second quarter…
Qantas picks first female CEO as Alan Joyce prepares to depart
By Praveen Menon and Roushni Nair SYDNEY (Reuters) -Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named finance chief Vanessa…
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…
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 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…