Page 40 - Jonathan Cable News Today

3 Min Read LONDON (Reuters) - The euro zone’s economic downturn deepened in January as renewed restrictions to quell the spread of the coronavirus hit the bloc’s dominant service industry hard, offsetting a robust performance by manufacturers, a survey showed on Wednesday. Slideshow ( 3 images ) Coronavirus cases have been soaring again and governments across the continent have renewed tough lockdown measures, clamping down on public life and forcing hospitality and entertainment venues to ...

4 Min Read LONDON (Reuters) - British house prices will flatline this year as a property sales tax cut is due to expire and unemployment is expected to rise, according to property market analysts polled by Reuters who said activity would be driven by a desire for more living space. FILE PHOTO: A housing estate is seen next to farmers fields in Sheffield, northern England January 28, 2015. REUTERS/Phil Noble Like much of the world, Britons have endured months of tough lockdown restrictions to tr...

Supply delays threaten German manufacturing prospects: PMI Published 2 months ago BERLIN (Reuters) – Increasing supply delays threaten to slow Germany’s manufacturing sector, which remained in growth territory in January despite a hard lockdown to quell a second wave of the coronavirus, a survey showed on Monday. IHS Markit’s Final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of the economy, fell to 57.1, higher than a flash reading of 57.0 but l...

By Jonathan Cable

Factories have mixed performance as pandemic impact lingers Reuters 1/02/2021 By Jonathan Cable and Leika Kihara © Reuters/Jason Lee FILE PHOTO: An employee works on the production line of a tyre factory under Tianjin Wanda Tyre Group in Xingtai By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) - Global manufacturing activity remained resilient in January although some countries suffered amid a resurgence in coronavirus infections, underscoring the fragile and une...

Euro zone manufacturing growth remained resilient at the start of the year but the pace waned from December as renewed lockdown measures across the continent, alongside supply shortages, hurt activity, a survey showed. With coronavirus infections soaring again in Europe countries have forced vast swathes of the bloc's dominant service industry to shut their doors, leaving manufacturing to support the economy as factories have largely remained open. IHS Markit's final Manufacturing Pu...

DUBAI-PROPERTY/POLL (PIX):POLL-Dubai house prices to drop at slower pace

Dubai's house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, a Reuters poll showed.

BENGALURU — Indian house prices will barely rise this year despite an economic recovery and supportive policies, though the risk of a COVID-19 resurgence…

4 Min Read BENGALURU (Reuters) - India’s path to economic recovery will be stronger than previously thought as fiscal expansion and vaccine hopes help the country heal from COVID-19, a Reuters poll of economists showed. A view of almost empty roads is seen after authorities announced lockdown for two days every week in the West Bengal state, amidst the spread of the coronavirus disease (COVID-19), in Kolkata, July 23, 2020. REUTERS/Rupak De Chowdhuri/File Photo The world’s second-most popul...