Business activity in the United States is better than expected, but remains soft Eurozone records surprise return to modest growth UK PMI falls at fastest pace in two years, surveys show NEW YORK/LONDON, Jan 24 (Reuters) – The slowdown in business activity in the United States eased slightly in January, although it contracted for the … Read more
DUBAI, Jan 19 (Reuters) – Iran’s Armed Forces General Staff, which coordinates activities between its conventional army and the Revolutionary Guard Corps, warned the European Union on Thursday not to classify the force as elite as a terrorist entity, state media reported. On Wednesday, the European Parliament called on the EU to list the Revolutionary … Read more
LONDON, Dec 20 (Reuters) – The past year has been the busiest in history for climate and sustainability rule-making, with relentless expectations expected in 2023 as policymakers tighten the net around behavior unstable or fraudulent businesses. From Canada to South Africa, the rules proposed or implemented covered everything from promoting transparency in corporate supply chains … Read more
In 2019, The Cheshire Cheese Company (CCC) seemed to be on an upward trajectory. Since the company was founded in 2010, it has grown by 30% per year, winning 15 cheese awards and expanding its customer base in continental Europe. Seeing the potential for export growth, the company’s managing director, Simon Spurrell, planned to invest … Read more
NUSA DUA, Indonesia, Nov 14 (Reuters) – Chinese leader Xi Jinping will arrive on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of the tension-laden Group of 20 (G20) summit about Russia’s invasion of Ukraine. The two leaders are expected to discuss the nuclear ambitions of … Read more
SHANGHAI, Nov 2 (Reuters) – Chinese electric vehicle maker NIO has suspended production at its factories in the eastern city of Hefei as rising COVID-19 cases and China’s heavy-handed response to outbreaks weigh on increasingly burdensome on manufacturing and the economy. The impact was also felt in the central city of Zhengzhou, where the industrial … Read more
“While these efforts are necessary, more emphasis should be placed on activities aimed at eliminating waste from the outset,” says Marilyn Martinez, project manager for the Ellen MacArthur Foundation’s fashion initiative. “Shifting the focus from ‘downstream’ to ‘upstream’ activities will be a significant step forward.” Journalist and podcaster Clare Press in conversation with Lorenzo Bertelli, … Read more
BRUSSELS, Oct 13 (Reuters) – Alphabet’s Google unit (GOOGL.O) could face EU antitrust charges next year over its digital advertising business, exposing the company to its fourth fine in the EU of more than one billion euros, people familiar with the case said Thursday. Google’s advertising business, which generated more than $100 billion in sales … Read more
US business activity weakens again in October – S&P Global NEW YORK, Oct 24 (Reuters) – Oil edged higher in choppy trading on Monday as weakening U.S. business activity data dampened expectations of a more aggressive rate hike. interest, while data showing that demand from China remained lackluster in September restrained prices. Brent crude futures … Read more
PARIS/STOCKHOLM/MILAN, Sept 29 (Reuters) – Once unthinkable, mobile phones could die out this winter in Europe if power cuts or energy rationing disrupt parts of mobile networks in the region. Russia’s decision to cut off gas supplies via Europe’s key supply route following the conflict in Ukraine has increased the risk of power shortages. In … Read more