WASHINGTON/LONDON, Aug 1 – Factories across the United States, Europe and Asia struggled for momentum in July as flagging global demand and China’s strict COVID-19 restrictions slowed production, surveys showed on Monday, likely adding to fears of economies sliding into recession. A series of purchasing managers’ indexes (PMIs) […]
WASHINGTON — Just what a vulnerable world economy didn’t need — a conflict that accelerates inflation, rattles markets and portends trouble for everyone from European consumers to indebted Chinese developers and families in Africa that face soaring food prices. Russia’s attack on Ukraine and retaliatory sanctions from the West may not portend another global […]
open view news desk Right time for foreign investors to tap the huge potential Industry, Govt must work in unison to reduce the urban rural divide. Industry bodies should promote business ethics, values, transparency & accountability Promote innovation & invest more time, money in R&D Step up skilling […]
HONG KONG – Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production in most economies, strengthening the case for a pause in interest rate hikes in the region in 2019. A series of purchasing managers’ indexes for […]
New Delhi, Oct 15 : Prime Minister Narendra Modi Monday warned oil producers like Saudi Arabia that high crude prices are hurting the global economy and sought a review of payment terms to provide a temporary relief to the local currency. India, the world’s third-biggest oil consumer, […]
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