WASHINGTON(Reuters) – U.S. manufacturing contracted further in January as higher interest rates stifled demand for goods, but factories did not…
AMD shares jump as earnings defy collapse seen at Intel
By Aditya Soni (Reuters) – Shares of Advanced Micro Devices Inc rose nearly 7% on Wednesday after the U.S. chipmaker’s…
UK house prices fall for longest period since 2009 – Nationwide
By David Milliken LONDON (Reuters) – British house prices dropped by a bigger-than-expected 0.6% in January and are now 3.2%…
Domestic demand helps Canadian factory sector rebound in January
TORONTO (Reuters) – Canadian manufacturing activity expanded in January for the first time in six months as an uptick in…
Russians’ deposits with foreign banks jumped to almost $82 billion in Jan-Nov
MOSCOW (Reuters) – Russians’ deposits with non-resident banks increased by around 2.5 times between January and November last year to…
Ryanair boss says Europe entering ‘inevitable’ airline consolidation period
By Catarina Demony and Miguel Pereira LISBON (Reuters) – Europe was entering an “inevitable” post-pandemic period of airline consolidation as…
EU sets out green industry deal to take on U.S. and China
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission on Wednesday proposed allowing increased levels of state aid so that Europe…
China has not done enough on Sri Lanka debt restructuring – U.S. diplomat
By Uditha Jayasinghe COLOMBO (Reuters) – The United States wants China to provide credible and specific assurances to the International…
UK factory output shrinks again at start of tough 2023 – PMI
LONDON (Reuters) – British manufacturers saw their business shrink for a sixth month in a row in January, kicking off…
Johnson Controls misses quarterly revenue estimates on supply chain snags
(Reuters) – Johnson Controls International reported lower-than-expected first-quarter revenue on Wednesday, as the provider of heating and air-conditioning systems for…