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Kenyan ministers rally around Meta’s Facebook after watchdog’s ultimatum
NAIROBI (Reuters) - Kenya has no intention of shutting down Facebook, which is owned by Meta, its ICT minister said on Monday after the national cohesion watchdog gave the platform seven days to compl...
Syndicated Content Aug 01, 2022
UK factory output, orders shrink at fastest pace since 2020-PMI
LONDON (Reuters) - British manufacturing output and new orders declined in July at the fastest rate since May 2020, as factories across Europe struggled with rising costs and slowing demand, a survey ...
Syndicated Content Aug 01, 2022
Israel’s Bezeq Telecom raises 2022 net profit estimate
JERUSALEM (Reuters) - Bezeq Israel Telecom on Monday raised its estimate for adjusted 2022 net profit to 1.1-1.2 billion shekels ($325-$354 million) from a prior forecast of 1.0-1.1 billion, as it exp...
Syndicated Content Aug 01, 2022
Greek July factory activity slumps, new orders fall – PMI
ATHENS (Reuters) - Greek manufacturing activity declined in July, hit by faster contractions in production and new orders as high inflation took a toll on client demand, a survey showed on Monday. S&P...
Syndicated Content Aug 01, 2022
Euro zone factory activity contracted in July as recession fears grow
LONDON (Reuters) - Manufacturing activity across the euro zone contracted last month with factories forced to stockpile unsold goods due to weak demand, a survey showed on Monday, adding to concerns t...
Syndicated Content Aug 01, 2022
German manufacturing sector contracts as new orders slump – PMI
BERLIN (Reuters) - Germany's manufacturing sector contracted in July for the first time in over two years, hurt by a deepening slump in new orders that darkens the outlook for Europe's largest economy...
Syndicated Content Aug 01, 2022
French manufacturing contracted in July by more than first thought-PMI
PARIS (Reuters) - French manufacturing activity contracted in July by a bit more than initially forecast, according to a monthly survey, highlighting the inflationary pressures on the euro zone's seco...
Syndicated Content Aug 01, 2022
Italy manufacturing sector contracts in July -PMI
ROME (Reuters) - Italy's manufacturing sector contracted in July for the first time in more than two years, a survey showed on Monday, amid a sharp decline in factory production. The S&P Global Purcha...
Syndicated Content Aug 01, 2022
Lufthansa says negotiations ongoing after pilots threaten strike
BERLIN (Reuters) - Lufthansa said on Monday it was striving to solve a pay dispute with pilots in ongoing negotiations, after the union representing them threatened strike action. Pilots at the German...
Syndicated Content Aug 01, 2022
Gold investors face bind over bars from tarnished Russia
By Peter Hobson LONDON (Reuters) - Some investors want Russian gold off their books but it's not that easy to remove. A de facto ban on Russian bullion minted after Moscow's invasion of Ukraine -- ins...
Syndicated Content Aug 01, 2022
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