Western firms shift investment from China to India as worries mount

[ad_1] A man walks in the Central Business District on a rainy day, in Beijing, China, July 12, 2023. REUTERS/Thomas Peter/File Photo Acquire Licensing Rights BEIJING, Sept 13 (Reuters) –…

Ripe for change? Activist investors eye food, consumer goods

[ad_1] LONDON, Sept 11 (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone’s (DANO.PA) board, saying it had built…

UK PMI survey shows sharpest business slowdown in 7 months

[ad_1] A general view of the financial district of London is seen in London, Britain, October 19, 2016. REUTERS/Hannah McKay/Files Acquire Licensing Rights LONDON, Sept 5 (Reuters) – Business activity…

Country Garden debt deal, China property support measures trigger relief rally

[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights HONG…

Canada’s economy unexpectedly shrinks; central bank likely to hold rates

[ad_1] People shop at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio Acquire Licensing Rights OTTAWA, Sept 1 (Reuters) – Canada’s economy unexpectedly contracted in the…

US unemployment rate spikes to 3.8%; labor market still has momentum

[ad_1] Nonfarm payrolls increase 187,000 in August Unemployment rate rises to 3.8% from 3.5% in July Average hourly earnings gain 0.2%; up 4.3% year-on-year WASHINGTON, Sept 1 (Reuters) – U.S.…

German business activity suffers steepest decline since May 2020

[ad_1] The financial district is photographed on early evening in Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach Acquire Licensing Rights BERLIN, Aug 23 (Reuters) – German business activity contracted at…

US jobless claims fall, core capital goods orders grow incrementally

[ad_1] Aug 24 (Reuters) – The number of Americans filing new claims for unemployment benefits fell for a second straight week, as labor market conditions remained tight despite the Federal…

Slide in euro zone service sector sharpens ECB’s rates dilemma

[ad_1] LONDON, Aug 23 (Reuters) – Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys…

France, Italy urge more leeway for investment in EU fiscal reform

[ad_1] French President Emmanuel Macron and Italy’s Prime Minister Mario Draghi shake hands during a news conference after signing an accord to try to tilt the balance of power in…