LONDON (Reuters) – The euro zone’s long-suffering manufacturing industry showed initial signs of a meaningful recovery last month as output rose for the first time in two years, a survey showed on Tuesday, but the upswing could be hurt by U.S. trade tariffs. HCOB’s final euro zone manufacturing Purchasing Managers’ Index, compiled by S&P Global, …
Euro zone factory activity shows signs of recovery in March – PMI Read More »
By Sachin Ravikumar and Sarah Young LONDON (Reuters) – Britain is still hopeful that any tariffs imposed by U.S. President Donald Trump will be reversed shortly, if the two sides can agree the outline of a new economic partnership, its business minister said on Tuesday. Britain had sought to avoid Trump’s global tariff plan by …
Britain hopeful US tariffs will be reversed with economic deal Read More »
ATHENS (Reuters) – Greece’s manufacturing sector experienced its most robust growth since April 2024 last month, driven by accelerated expansions in output, new orders and employment, a survey by S&P Global showed on Tuesday. The seasonally adjusted S&P Global Greece Manufacturing Purchasing Managers’ Index (PMI) rose to 55.0 in March from 52.6 in February, signalling …
Greek manufacturing sector sees strongest growth in nearly a year, PMI shows Read More »
By Maria Martinez BERLIN (Reuters) – Germany’s manufacturing sector showed signs of recovery in March, with its first production increase in nearly two years, a business survey showed on Tuesday. The HCOB Germany Manufacturing PMI compiled by S&P Global rose to 48.3 in March from 46.5 the previous month, taking the index to its highest …
German manufacturing shows signs of recovery, PMI shows Read More »
ROME (Reuters) – Italy’s long-running manufacturing contraction deepened in March, with production volumes falling at the fastest rate in four months, a survey showed on Tuesday. The HCOB Purchasing Managers’ Index (PMI) for manufacturing fell to 46.6 in March from 47.4 in February, marking the 12th consecutive month below the 50.0 threshold that separates growth …
Italy’s manufacturing sector downturn deepens in March, PMI shows Read More »
By Anandita Mehrotra (Reuters) -British oil and gas group Serica Energy lowered its 2025 production forecast on Tuesday, pressured by delays in output at its Triton floating production storage and offloading (FPSO) unit in the North Sea. Shares of the London-listed firm fell as much as 7.5% to 124.2 pence. Serica has increased production through …
UK’s Serica Energy trims 2025 production forecast over ‘frustrating’ Triton issues Read More »
PRAGUE (Reuters) – The contraction in Czech manufacturing eased in March, creeping closer to levels showing stabilisation as falls in output and orders slowed, the S&P Global Purchasing Managers’ Index (PMI) showed on Tuesday. Headline PMI rose to 48.3 in March from 47.7 in February, staying below the 50 mark that divides expansion from contraction. …
Czech manufacturing downturn slows in March, PMI shows Read More »
(Reuters) -British building materials supplier Travis Perkins warned on Thursday of flat profits this year, below analyst expectations, sending its shares down to a more than 15-year low. Shares in the FTSE 250 firm, which fell 12% in 2024, declined as much as 13% in early trade to 478 pence, their lowest since July 2009. …
Travis Perkins warns of tough 2025; shares hit 15-year low Read More »
MADRID (Reuters) – Spain’s manufacturing activity contracted in March for a second month in a row, as uncertainty lead to a fall in new orders, an S&P Global survey showed on Tuesday. The HCOB Spain Manufacturing Purchasing Managers’ Index (PMI) slipped to 49.5 in March from 49.7 in February, remaining below the 50.0 threshold that …
Spain’s manufacturing activity contracts again in March, PMI shows Read More »
(Reuters) – Britain’s Unilever said on Tuesday it had acquired personal care brand Wild for an undisclosed sum. (Reporting by Yamini Kalia in Bengaluru; Editing by Rashmi Aich)
