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In March, the index of business activity in the UK construction sector rose to 49.7 points from 49.5 points a month earlier, a survey conducted by IHS Markit showed. The indicator coincided with economists' forecasts, but remained below 50 points, that is, in the zone of reduction of activity. Total construction activity declined due to weak commercial and civil construction. In March, commercial construction showed the weakest growth for the year, while housing growth was the fastest. The growth of new jobs slowed down amid lingering uncertainties around Brexit. The March report notes that buying activity was stimulated by the buildup of manufacturing companies in preparation for the country's withdrawal from the EU.
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 ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
On Monday, Fujitsu Ltd. (6702.T) announced that it would halve its office space in Japan by March 2023 as it pushes for its 80,000 employees to work remotely amid the coronavirus outbreak. The IT solutions company said that its employees would ...
Taiwan's exports for June has been forecasted to have dropped by 3% in contrast to a year earlier, according to a median forecast of 13 analysts polled by Reuters. The results are based on the uncertainties of the COVID-19 pandemic as it continues ...
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