Germany’s industrial output unexpectedly dropped in October, reviving worries about its economic growth outlook as its manufacturing backbone takes a blow from global trade conflicts and disruptions in the auto Continue Reading
The global car market will have shrunk faster in 2019 than at the height of the financial crisis, with 4m fewer vehicles sold than last year, according to the lobby Continue Reading
The euro zone economy grew at a modest pace in the third quarter with a negative impact from trade, while retail sales fell at their sharpest rate this year in Continue Reading
French President Emmanuel Macron has staked his reputation on reforming France A nationwide strike has severely disrupted schools and public transport across France. Workers are angry at being forced to Continue Reading
Over the past half-century, the U.S. has evolved from an industrial superpower into the undisputed champion of the global services economy. From 2003 to 2015, the U.S. trade surplus in Continue Reading
The Institute for Supply Management said in its monthly survey the index measuring domestic factory activity fell to 48.1last month from 48.3 in October amid weakness in new orders and Continue Reading
British manufacturers cut jobs last month at the fastest rate since 2012, a survey showed on Monday, as pressures from Brexit and a global trade slowdown caused the sector’s longest Continue Reading
Little more than a decade after consumers binged on inexpensive mortgages that helped bring on a global financial crisis, a new debt surge — this time by major corporations — Continue Reading
Daimler AG aims to slash thousands of jobs over the next three years and cut labor costs by $1.5 billion, the latest round of cost cuts in a sector squeezed Continue Reading
The U.S. economy expanded modestly from October to mid-November and the outlook for growth was generally positive while labor markets remained tight across the country, the Federal Reserve said in Continue Reading
