BERLIN (Reuters) – Investor morale in the euro zone rose for a second consecutive month in November, though by slightly less than expected, as somewhat greater satisfaction with the current situation boosted the overall mood, a survey showed on Monday. The Sentix index for the euro zone rose to -12.8 in November from -13.8 in …
Euro zone investor morale slightly up, but ‘turnaround looks different’ Read More »
ABU DHABI – Tension in the Middle East is the top risk facing energy markets, BP CEO Murray Auchincloss told an industry event in Abu Dhabi. Auchincloss also said that the world will require a lot of new investment in oil and gas in order to maintain supplies, regardless of a possible settling of demand …
Mideast tensions top risk facing energy markets, says BP CEO Read More »
By Olivier Cherfan (Reuters) -PostNL cut its full-year targets on Monday, citing persistently volatile economic conditions, and said CEO Herna Verhagen would step down after the Dutch postal operator’s annual general meeting in April next year. Verhagen will be replaced by the current chief financial officer, Pim Berendsen. PostNL said it aimed to announce a …
(Reuters) – Italy’s Prysmian and Britain’s TechnipFMC signed an agreement to strengthen the development of floating offshore wind facilities, the companies said on Monday. The aim of the tie-up is to pioneer a subsea water column solution “from seabed to ocean surface”, combining TechnipFMS’s design and integration capacities with Prysmian’s submarine power cable systems, the …
Prysmian signs deal with TechnipFMC for floating offshore wind facilities Read More »
LONDON (Reuters) – Euro zone manufacturing showed some signs of stabilisation in October as while activity contracted for a 28th month it did so at a shallower pace, according to a survey which showed an ongoing decline in demand had also eased. HCOB’s final euro zone manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, …
Euro zone manufacturing slump shows signs of stabilising in October, PMIs show Read More »
By Miranda Murray BERLIN (Reuters) – The downturn in Germany’s manufacturing sector eased somewhat in October as output, new orders and employment all slowed their rates of decline after the previous month saw the fastest contraction in a year, a survey showed on Monday. The HCOB Germany Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P …
German factory sector catches breath in October after tough September, shows PMI Read More »
PARIS (Reuters) – France’s manufacturing sector remained stuck in decline in October as factory output fell at its fastest rate in nine months, dragged down by low new orders, particularly from international clients, a survey showed on Monday. The HCOB France Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, came in at 44.5, slightly …
French industry stuck in recession and outlook stays bleak, survey finds Read More »
JOHANNESBURG (Reuters) -Anglo American has agreed to sell a 33.3% stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, for A$1.6 billion ($1.1 billion). The deal marks the beginning of Anglo’s wider plan to restructure its business by selling and divesting unwanted …
Anglo to sell 33% stake in Australian steelmaking coal assets for $1.1 billion Read More »
ROME (Reuters) – Italian manufacturing activity contracted for a seventh month running in October and at a faster pace than the month before, a survey showed on Monday, amid persisting declines in output and new orders. The HCOB Global Purchasing Managers’ Index (PMI) for manufacturing in the euro zone’s third-largest economy fell to 46.9 from …
Italy’s manufacturing downturn deepens in October, PMI shows Read More »
MADRID (Reuters) – Spanish manufacturing activity picked up again in October, showing its strongest growth in more than two years, with output, new orders and new hiring all rising, a survey showed on Monday. The HCOB Purchasing Managers’ Index (PMI) for Spain’s manufacturing sector, compiled by S&P Global, rose to 54.5 in October from 53.0 …
Spanish manufacturing grows in October at fastest pace in more than 2 years, PMI shows Read More »
