Page 40 - Manager Index News Today

Some companies are using job cuts to offset higher costs

IHS Markit UAE PMI Index rose from 50.6 in February to 52.6 in March

By Reuters Staff 3 Min Read DUBAI (Reuters) - The United Arab Emirates’ non-oil private sector grew in March at the fastest pace since July 2019, boosted by new business and a sharp rise in the construction sector, a survey showed on Monday. FILE PHOTO: People are seen in front of Burj Khalifa, the world tallest building, in Dubai, United Arab Emirates March 12, 2020. REUTERS/Satish Kumar The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), which covers manufacturing a...

The IHS Markit/CIPS Purchasing Managers’ Index (PMI) recorded a score of 58.9 – anything above 50 is seen as a sector in growth.

Britains manufacturing sector enjoyed the fastest monthly growth rate for over a decade in March, fresh data shows. With hiring, new orders and output in the sector all on the up, the IHS Markit/CIPS Purchasing Managers Index recorded a score of 58.9, with anything above 50 signifying growth. As the nations mass vaccine roll out continues, optimism in the manufacturing sector swelled to a seven-year high last month. But, in something of a double-edged sword, strong growth is putting a strain o...

"In the coming months, we should see the global economy regain vigour as consumers and businesses release their pent-up demand. This revival will come with some risks but we do not think an alarming rate of inflation is the most pertinent risk for now.” High hopes for a stronger-than-expected upturn in the global economy have rattled financial markets. Once it was clear that the US Congress was set to approve President Biden’s massive US$1.9 trillion (RM7.7 trillion) stimulus package withou...

Why the fortunes of corporate India are beginning to show a sharp recovery Performance of corporate India showed a sharp recovery in October-December quarter. Decline in Covid-19 cases & step-up in vaccination will further support recovery in coming months. A+ The Covid lockdown shock derailed the economy roughly this time last year. Recent GDP data shows that the economy is getting back on track. In this article, we look at data for Indian listed companies and find a strong recovery in firm pe...

Minor Setback in NACMs February Credit Managers Index Hints Toward Promising Months Ahead Minor Setback in NACMs February Credit Managers Index Hints Toward Promising Months Ahead COLUMBIA, Md., March 3, 2021 /PRNewswire-PRWeb/ — The rollout of COVID-19 vaccinations has been more difficult than anticipated. In turn, the lifting of pandemic protocols and economic recovery have been delayed. The February National Association of Credit Managements Credit Managers Index (CMI) reflects these setba...

Construction output has returned to growth in February having been boosted by an increase in commercial activity, following a decline in output at the

The US is expected to report an increase of 182,000 jobs in February, a slow recovery. Past disappointments, weak leading indicators, and the Fed's focus