Author Archives: Syndicated Content
UK factories see big upturn in August, but from low ebb: PMI
LONDON (Reuters) - British factory output recovered some ground lost to the COVID-19 pandemic as output rose in August at the fastest pace in more than six years, albeit from a low level, a survey sho...
Sep 01, 2020
Germany revises upward 2020 GDP forecast, sees weaker rebound in 2021: sources
By Michael Nienaber and Christian Kraemer BERLIN (Reuters) - Germany expects the economic devastation caused by the COVID-19 pandemic to be less severe than originally feared this year, but it now see...
Sep 01, 2020
India leads global rise in new weekly COVID-19 cases, while deaths down: WHO
By Stephanie Nebehay GENEVA (Reuters) - India reported the most new COVID-19 cases of any country in the past week, its nearly half a million fresh infections pushing the global tally up by 1 percent,...
Sep 01, 2020
Citi sharply raises global equity earnings estimate
LONDON (Reuters) - Citi analysts sharply raised their earnings per share (EPS) forecasts for world stocks on a top-down basis, saying their first response right after the COVID-19 was "too bearish". T...
Sep 01, 2020
Indonesia reports 2,775 new coronavirus cases, 88 deaths
JAKARTA (Reuters) - Indonesia reported 2,775 new coronavirus cases on Tuesday, bringing the total tally to 177,571, data from the country's COVID-19 taskforce showed. The Southeast Asian country also ...
Sep 01, 2020
Euro zone factory output stayed strong in August: PMI
LONDON (Reuters) - Euro zone manufacturing activity remained on a recovery path last month, a survey showed on Tuesday, but factory managers were wary about investing and hiring workers as the coronav...
Sep 01, 2020
Maersk to cut jobs in major reorganisation, internal email says
COPENHAGEN (Reuters) - Shipping group Maersk will cut job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows. Maersk, which handles about one in five containers s...
Sep 01, 2020
Philippines confirms 3,483 more coronavirus cases, 39 deaths
MANILA (Reuters) - The Philippines' health ministry on Tuesday reported 3,483 additional novel coronavirus infections and 39 more deaths. In a bulletin, the ministry said total confirmed infections ha...
Sep 01, 2020
German manufacturing recovery remains on track in August: PMI
BERLIN (Reuters) - German manufacturers' recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit's fin...
Sep 01, 2020
Tightening of Irish COVID-19 curbs appears to be working, says health official
DUBLIN (Reuters) - A significant tightening of COVID-19 restrictions in Ireland two weeks ago appears to be working, a senior health official said on Tuesday. "It's early to say, but we would be optim...
Sep 01, 2020
