Author Archives: Syndicated Content
ECB policymakers at odds over downturn's impact, sources say
By Balazs Koranyi FRANKFURT (Reuters) - European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fearing ...
Sep 02, 2024
India's factory activity growth hits three-month low, PMI shows
By Shaloo Shrivastava BENGALURU (Reuters) - India's manufacturing activity growth eased to a three-month low in August as demand softened significantly, a private-sector survey showed on Monday, casti...
Sep 02, 2024
Australian retailer Woolworths exits Endeavour Group three years after spin-off
By Sherin Sunny and Rishav Chatterjee (Reuters) - Australian retailer Woolworths has decided to exit the owner of liquor store chain Dan Murphy's and BWS bottle shops, ending its long-standing relatio...
Sep 02, 2024
Blackstone-led consortium nears $13.5 billion deal to acquire AirTrunk, source says
By Kane Wu and Gnaneshwar Rajan (Reuters) -A consortium led by Blackstone is nearing a deal to acquire Australian data centre group AirTrunk for A$20 billion ($13.53 billion) including debt, a person ...
Sep 02, 2024
Russian factory activity growth slowest in over a year in Aug, PMI shows
(Reuters) - Activity in Russia's manufacturing sector grew at its slowest pace in over a year in August, a business survey showed on Monday, as expansion in output, new orders and employment all eased...
Sep 02, 2024
Nomura lowers its FY25 GDP forecast for India to 6.7%
(Reuters) - Nomura lowered its FY25 economic growth forecast for India to 6.7% year-on-year from 6.9% after official data on Friday showed the country's gross domestic product (GDP) grew slower than e...
Sep 02, 2024
Turkey economic growth slows more than expected to 2.5% in Q2
ISTANBUL (Reuters) -Turkey's economy expanded by a less-than-expected 2.5% in the second quarter of the year, data showed on Monday, cooling in the face of a year-long monetary tightening drive. Secon...
Sep 02, 2024
Spanish manufacturing grows in Aug at slowest pace since Jan, PMI shows
MADRID (Reuters) - Spanish manufacturing activity grew for a seventh consecutive month in August though at the slowest pace in all those months, while business confidence was at its lowest so far this...
Sep 02, 2024
Alstom closes sale of N.American signalling business to Knorr-Bremse
(Reuters) - French train maker Alstom said on Monday it had completed the sale of its North American conventional signalling business to Knorr-Bremse for $690 million. "Closing of the sale completes t...
Sep 02, 2024
French factory activity contracts in Aug at fastest pace since Jan, PMI shows
PARIS (Reuters) - France's manufacturing activity contracted at its fastest pace since January in August, as output and new orders fell sharply, a survey showed on Monday. The HCOB France Manufacturin...
Sep 02, 2024
