Category Archives:
Euro zone inflation picks up but core unexpectedly slows
FRANKFURT (Reuters) - Euro zone inflation accelerated last month but underlying price growth eased unexpectedly, adding to arguments for a smaller interest rate hike at the European Central Bank's reg...
Syndicated Content May 02, 2023
Google AI pioneer says he quit to speak freely about technology’s ‘dangers’
(Reuters) - A pioneer of artificial intelligence said he quit Google to speak freely about the technology's dangers, after realising that computers could become smarter than people far sooner than he ...
Syndicated Content May 02, 2023
UK factory activity shrinks in April but cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) - British factory output and new orders contracted at the start of the second quarter of 2023, but manufacturers were more optimistic and input costs rose at the weak...
Syndicated Content May 02, 2023
Euro zone factory downturn deepened in April – PMI
(Reuters) - Euro zone factory activity contracted further last month, albeit not by as much as initially thought, while the cost of raw materials fell at the fastest pace in nearly three years, a surv...
Syndicated Content May 02, 2023
German manufacturing contracts in April but output ticks up -PMI
BERLIN (Reuters) - Germany's manufacturing sector contracted at the fastest rate in almost three years in April, although firms increased output slightly as their supply chain problems eased, a survey...
Syndicated Content May 02, 2023
Euro zone banks tighten credit even as demand for it collapses – ECB
FRANKFURT (Reuters) - Euro zone banks have tightened access to credit further even as demand for it from households and companies collapses, a European Central Bank Survey showed on Tuesday, in a fres...
Syndicated Content May 02, 2023
French manufacturing contracts further in April – final PMI
PARIS (Reuters) - France's manufacturing sector contracted further in April as new orders fell and the impact of protests against the government's plans to increase the retirement age hit business, a ...
Syndicated Content May 02, 2023
Italy’s manufacturing sector contracts sharply in April – PMI
ROME (Reuters) - Italy's manufacturing sector shrank in April, ending three months of growth, as production and new orders fell and purchasing activity was sharply reduced, a survey showed on Tuesday....
Syndicated Content May 02, 2023
U.S. banking woes a major factor behind Bank of Korea rate freeze
SEOUL (Reuters) - Most of the South Korean central bank's board members cited concerns about the U.S. banking sector's health as a major factor to keep interest rates steady at their April 11 meeting,...
Syndicated Content May 02, 2023
Turkish factory activity growth gathers pace in April -PMI
ISTANBUL (Reuters) - Growth in new orders and output helped Turkish factory activity expand at a faster pace in April, as the sector continued its recovery in the wake of massive earthquakes in early ...
Syndicated Content May 02, 2023
Peoria, IL, USA
54 °F Overcast
