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Euro zone factory output returned to growth in February -PMI
LONDON (Reuters) - Overall activity in the euro zone's manufacturing sector contracted again in February but output increased for the first time since May as supply chains continued to heal, a survey ...
Mar 01, 2023
German manufacturing activity remains weak in Feb but some encouraging signs -PMI
BERLIN (Reuters) - German manufacturing activity continued to shrink overall in February but output rose for the first time in nine months as supply-chain bottlenecks showed signs of easing, a survey ...
Mar 01, 2023
France’s manufacturing sector shrinks in Feb as export demand weakens -PMI
PARIS (Reuters) - Activity in France's manufacturing sector declined in February, after stabilising the previous month, due in part to worsening export demand, a survey by S&P Global showed on Wednesd...
Mar 01, 2023
Italy’s manufacturing sector sees growth pick up in Feb -PMI
ROME (Reuters) - Growth in Italy's manufacturing sector gathered speed in February, helped by a rise in output and a return to expansion of new orders as inflation fears recede, a survey showed on Wed...
Mar 01, 2023
Spanish factory output expands in Feb for first time since June 2022 -PMI
MADRID (Reuters) - Factory activity in Spain expanded in February for the first time since June as demand started to improve, boosting confidence about the business outlook, a survey showed on Wednesd...
Mar 01, 2023
Exclusive-Tesla readies revamp of Model Y codenamed ‘Juniper’ – sources
SHANGHAI/SAN FRANCISCO (Reuters) - Tesla is readying a production revamp of its top-selling Model Y, according to three people with knowledge of the plan. The changes to the Model Y - code-named Proje...
Mar 01, 2023
BOJ policymaker calls for keeping ultra-low rates, sees risks balanced
By Leika Kihara FUKUSHIMA, Japan (Reuters) -Bank of Japan (BOJ) board member Junko Nakagawa said on Wednesday the central bank must maintain ultra-loose monetary policy for the time being, as the econ...
Mar 01, 2023
Goldman Sachs expects ECB to raise rates by 50 bps in May meeting
(Reuters) - Goldman Sachs raised its estimate for peak interest rate hike by the European Central Bank for the second time in as many weeks, saying it now expects rates to go up by 50 basis points (bp...
Mar 01, 2023
Beiersdorf sees slower sales this year after bumper 2022
BERLIN (Reuters) -Nivea maker Beiersdorf expects organic sales growth to slow this year to a mid-single-digit range after reporting double-digit growth for the first time in two decades in 2022 thanks...
Mar 01, 2023
Caterpillar workers reach deal with union, averting possible strike
(Reuters) - A union representing workers at four Caterpillar Inc facilities said on Wednesday it reached a tentative agreement with the world's largest construction equipment maker over wage increases...
Mar 01, 2023
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