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The business activity index in the construction sector of the UK declined in August to 52.9 points from 55.8 points in July, when its 14-month maximum was recorded, the IHS Markit survey showed. Experts had predicted the figure at 55 points. The pace of expansion of activity in the construction sector was the weakest in 3 months. Loss of momentum was noted in all three categories of construction activities. The most successful sector was commercial construction. In housing construction, activity growth was the weakest since March. Work on civil engineering projects fell for the first time in five months.
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 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 ...
June had seen Philippine inflation advancing faster than what was initially thought. This followed after one of the world’s longest coronavirus lockdowns was lifted. Moreover, food, fuel prices, and the transport index were seen at higher ...
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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