Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK manufacturing growth hits 16-month low in May -PMI
LONDON (Reuters) - British manufacturing activity expanded in May at the weakest rate since January 2021, as producers of consumer goods struggled against a worsening cost-of-living crunch, a survey s...
Jun 01, 2022
Euro zone factories struggled in May as consumers switched to leisure activities
LONDON (Reuters) - Manufacturing growth in the euro zone slowed last month as factories faced supply shortages, high prices and a fall in demand, according to a survey which suggested consumers were s...
Jun 01, 2022
Macau’s casino losses engulf gambling hub as no quick fix in sight
By Farah Master HONG KONG (Reuters) - Plunging casino revenues in Macau, the world's largest gambling hub, are taking a heavy toll on the wider economy, forcing hundreds of businesses to close down an...
Jun 01, 2022
Analysis-Australia’s power woes challenge new leader’s climate, energy promises
By Sonali Paul MELBOURNE (Reuters) - A profit warning on Wednesday from Australia's No. 2 power producer and the struggles of its bigger rival furnish the new government with stark evidence of the cha...
Jun 01, 2022
Germany’s Scholz says goal to reduce inflation with 2023 debt brake
BERLIN (Reuters) - Germany must refrain from funding long-term subsidies with further credit in order to return to its constitutionally enshrined debt brake next year, Chancellor Olaf Scholz said on W...
Jun 01, 2022
Volkswagen’s race with Tesla will be tight, Diess says
BERLIN (Reuters) - Tesla works at twice the industry pace in many processes but still needs to ramp up highly complex factories and find qualified workers to win the electric vehicle race, Volkswagen'...
Jun 01, 2022
French manufacturing activity at seven-month low in May -PMI
PARIS (Reuters) - Activity in the French manufacturing sector slowed further last month, reaching a seven-month low, as steep inflation hit new business while continued supply chain and logistics prob...
Jun 01, 2022
Backlogs, more staff help German factories against headwinds -PMI
BERLIN (Reuters) - German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing and, in some cases, improved materials availability, but a further decline in ne...
Jun 01, 2022
Britain tells airlines to stop selling flights they can’t deliver
LONDON (Reuters) - Britain's Transport Secretary Grant Shapps has told airlines to stop selling tickets for flights they cannot staff after a spate of airline cancellations caused widespread disruptio...
Jun 01, 2022
Pfizer to exit GSK’s consumer health arm after spin-off
LONDON (Reuters) - Pfizer plans to exit its 32% stake in Haleon, its consumer health joint venture with GSK, after the business is spun off as an independent company in July, GSK said on Wednesday. Pf...
Jun 01, 2022
