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The purchasing managers' index in the construction sector in Germany increased in August to 51.5 points from 50 points in July, IHS Markit poll showed. The largest construction activity was recorded in civil construction, while the growth in activity in infrastructure and commercial construction was moderate. In August, new orders dropped, and builders hired additional staff. The growth of average prices for building materials and products has sharply accelerated. Some companies link the increase in purchasing prices to the consequences of new road charges. The level of optimism among builders relative to activity in the next 12 months was the lowest since November 2016.
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
Japan’s factory activity for June contracted for its 14th straight month amid sharp reductions in supply and demand, according to data from a business survey released on Wednesday. Japan is one of many export-reliant nations that have ...
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