Stay updated with breaking news from Manager Index. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
New data from the HCOB Eurozone Manufacturing PMI survey reveals the ongoing struggles of the manufacturing sector. Despite hitting a 3-month high at 43.5, the index remains...
The South African rand extended gains to trade about 1% stronger against the U.S. dollar after July inflation data came in lower.
Natural Gas price is facing some headwinds as the strikes in Australia have been averted and the lingering heatwaves on mainland Europe top any demand for Natur
Britain's economy looks on course to shrink during the current quarter and risks falling into a recession, as a survey on Wednesday showed a slump in factory output and broader weakness in the face of... -Today at 04:30 am- MarketScreener
A closely-watched indicator of economic activity suggests the economy is on course to contract in the current third quarter of the year and warns of "heightened recession risks". A preliminary reading for the S&P Global/CIPS Purchasing Managers' Index (PMI), which covers the dominant services sector and manufacturing, highlighted a slump in factory output and broader weakness during August. It blamed stubbornly high inflation and the effects of the battle to get the pace of price increases down, namely successive interest rates hikes by the Bank of England.