Germany’s struggling property sector in five charts
By Tom Sims FRANKFURT (Reuters) – Germany’s property sector is under stress, prompting firms to call for government support, property…
Cineworld emerges from Chapter 11 bankruptcy
(Reuters) – Cineworld Group said it has emerged from Chapter 11 bankruptcy after nearly 11 months, coming out with lower…
South African factory activity contracts further in July – Absa PMI
JOHANNESBURG (Reuters) – South African manufacturing activity contracted for the sixth consecutive month in July, driven by an increase in…
‘Not found’: China’s ex-foreign minister is gone but wait for explanation goes on
By Yew Lun Tian BEIJING (Reuters) – Hours after China’s top legislature convened a special meeting last week to remove…
Daimler Truck hits record returns margin amid rising costs
BERLIN (Reuters) -Daimler Truck achieved a second-quarter record adjusted return on sales of 10.3% for its industrial business, the company…
UK factory output falls at fastest pace in seven months, cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) – British factory output contracted in July at the fastest pace in seven months, hit…
Japan’s Nomura Q1 profit soars on strong domestic stock market
By Makiko Yamazaki TOKYO (Reuters) -Nomura Holdings Inc on Tuesday reported a jump in first-quarter net profit as a strong…
Analysis-Hungry investors queue up as Japan’s BOJ lifts yields bit by bit
By Kevin Buckland and Ankur Banerjee SINGAPORE/TOKYO (Reuters) – Japan’s government bond market has turned into a cat-and-mouse arena for…
Euro zone factory July activity fell at fastest pace since onset of COVID -PMI
LONDON (Reuters) – Manufacturing activity across the euro zone contracted in July at the fastest pace since COVID-19 was cementing…
‘Ugly figures’ as German manufacturing slumps in July -PMI
BERLIN (Reuters) – The downturn in Germany’s manufacturing sector deepened at the start of the third quarter as goods producers…