PARIS (Reuters) – France’s manufacturing downturn showed signs of easing at the start of 2025, as the HCOB France Manufacturing Purchasing Managers’ Index rose to its highest level since last June, a survey showed on Monday. The index, compiled by S&P Global, rose to 45.0 in January from 41.9 in December. Despite remaining below the …
French manufacturing downturn eases as PMI hits seven-month high Read More »
BERLIN (Reuters) – The decline in Germany’s manufacturing sector eased in January, helped by the slowest fall in both output and new orders in months, a survey showed on Monday. The HCOB Germany Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 45.0 in January from 42.5 in December, marking the highest reading …
Downturn in German manufacturing eases in January, PMI shows Read More »
ROME (Reuters) – Italian manufacturing activity contracted for a 10th month running in January and at roughly the same pace as the month before, a survey showed on Monday, amid persisting declines in output and new orders. The HCOB Global Purchasing Managers’ Index for manufacturing came in at 46.3 in January, up only marginally from …
Italy’s manufacturing remains stuck in downturn in January, PMI shows Read More »
(Reuters) -French generative AI startup LightOn on Monday reported first results since its November IPO, with 2024 revenue missing its own target due to delayed signing of some contracts. The LightOn shares fell 7.4% to 17.39 euros by 0811 GMT, slashing the strong gains they have seen since the start of the year to around …
France’s LightOn lags 2024 revenue target in first results post IPO Read More »
MADRID (Reuters) – Spain’s manufacturing sector lost momentum at the start of 2025, as both output and new orders rose at a much slower pace than in December, a survey showed on Monday. S&P Global’s HCOB Spain Manufacturing Purchasing Managers’ Index fell to 50.9 in January from 53.3 in December, indicating the slowest growth rate …
Spain’s manufacturing growth slows sharply in January, PMI shows Read More »
MADRID (Reuters) -Spain’s defence company Indra agreed to buy 89.7% of satellite operator Hispasat from Redeia for 725 million euros ($752.26 million), the company said on Friday in a filing to the stock market regulator. The deal still requires regulatory approvals. Government-controlled Redeia, principally engaged in the energy sector, focuses on the management and operation …
Spain’s defence company Indra buys satellite operator Hispasat Read More »
A look at the day ahead in European and global markets from Kevin Buckland Whatever investors expected from Donald Trump’s tariff threats, or from the target countries’ responses, they may have ended up with more than they bargained for. Equity indexes met with aggressive selling in Asia and looked headed for steep drops globally, based …
Morning Bid: Trump tariff reality unnerves markets Read More »
By David French and Andres Gonzalez (Reuters) – Talos Energy, a mid-sized U.S. oil producer with operations in the Gulf of Mexico, is poised to name veteran Shell executive Paul Goodfellow as its next CEO, two people familiar with the matter said on Sunday. The appointment of Goodfellow, who currently serves as chief internal auditor …
US energy producer Talos set to name Shell’s Goodfellow as next CEO, sources say Read More »
BERLIN (Reuters) – German Chancellor Olaf Scholz on Sunday said it was important not to divide the world with new trade barriers, as everyone benefits from globalisation, after U.S. President Donald Trump imposed tariffs on Mexico, Canada and China. Trump has earlier also threatened the European Union (EU) with tariffs but so far has not …
Germany’s Scholz on tariffs: important not to divide the world Read More »
By Promit Mukherjee OTTAWA (Reuters) – Canada will take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods, a senior government official said on Sunday, calling the tariffs illegal and unjustified. The comments come a day after Prime Minister Justin Trudeau announced a …
Canada to take legal action against US for tariffs Read More »
