MADRID (Reuters) – Spain’s manufacturing sector ended 2024 on a strong note, with both output and new orders accelerating in December, a survey by S&P Global showed on Thursday, in a stark contrast with the rest of the euro zone. The headline HCOB Spain Manufacturing Purchasing Managers’ Index (PMI) rose to 53.3 in December from…
BEIJING (Reuters) – China has added 28 U.S. entities to its export control list to “safeguard national security and interests”, the commerce ministry said on Thursday. The companies on the list include General Dynamics (NYSE:GD), Boeing (NYSE:BA) Defense, Space & Security, Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) Missiles & Defense. China is also banning the…
(Reuters) – Swisscom (SIX:SCMN) said on Thursday that it has completed its acquisition of competitor Vodafone (NASDAQ:VOD) Italia, which it will now begin merging with its Italian business Fastweb. The Swiss telecoms group said costs in the amount of up to 200 million euros ($207.20 million) would be recognised in its 2024 financial results due…
BERLIN (Reuters) – There were roughly 46.1 million people employed in Germany in 2024 on an annual average, the highest number since German reunification, the statistics office said on Thursday. The average number of people in employment in 2024 rose by 72,000 on the previous year, the statistics office said. With the exception of the…
(Reuters) – British house prices jumped by 0.7% in monthly terms during December, a bigger rise than expected, mortgage lender Nationwide said on Thursday. A Reuters poll of economists had pointed to a 0.1% month-on-month increase. Source
ISTANBUL (Reuters) – Turkey’s manufacturing sector contracted at the slowest rate in eight months in December, a business survey showed on Thursday, in a sign that the sector is nearing stabilisation. The Purchasing Managers’ Index (PMI) rose to 49.1 last month from 48.3 in November, moving nearer to the 50.0 threshold denoting growth, according to…
By Anushree Mukherjee and Brijesh Patel (Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market, a Reuters monthly poll showed on Tuesday. The survey of 31 economists…
BEIJING (Reuters) – Apple (NASDAQ:AAPL) is offering rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the U.S. tech giant moves to defend its market share against rising competition from domestic rivals like Huawei. The four-day promotion, running from Jan. 4-7, applies to several iPhone models when purchased…
A look at the day ahead in European and global markets from Rae Wee An air of caution lingered over markets on Thursday as Donald Trump’s impending return to the White House – and his plans for hefty import tariffs, tax cuts and immigration restrictions – set the tone for the new year. With just…
Investing.com– TD Cowen analysts have increased their price target for Butterfly Network, Inc (NYSE:BFLY), citing robust momentum in the global rollout of its iQ3 handheld ultrasound device. The brokerage reiterated its “Buy” rating on the stock and increased the price target to $4.50 from $3.00, highlighting meaningful progress in Butterfly’s strategic initiatives and promising long-term…
