Topic: Reuters Group plc

German manufacturing shrinks for 3rd month in December: PMI

BERLIN (Reuters) - German manufacturing contracted for a third straight month in December and looked unlikely to provide a lift to Europe's largest economy soon as new orders continued to dry up, a survey showed on Thursday.The purchasing managers' index (PMI) for ...

German manufacturing shrinks for 3rd month in December - PMI

BERLIN (Reuters) - German manufacturing contracted for a third straight month in December and looked unlikely to provide a lift to Europe's largest economy soon as new orders continued to dry up, a survey showed on Thursday.The purchasing managers' index (PMI) for ...

Asia Q4 corporate sentiment falls on global worries: poll

SINGAPORE/BEIJING (Reuters) - Business sentiment among Asia's top companies slid in the fourth quarter to its lowest in two years, with executives rattled by rising costs and fears over where the global economy is heading.The Reuters Asia Corporate Sentiment Index fell to ...

Bayer CEO eyes falling margins in drugs, plastics

FRANKFURT (Reuters) - Bayer expects to see falling profit margins in drugs and plastics as the euro debt crisis sends tremors through economy, chief executive Marijn Dekkers told a German newspaper."There is an increasing trend towards cost-cutting on medicines, so the debt ...

Risk-shy banks may prompt credit pinch: EU watchdog

FRANKFURT (Reuters) - The European Banking Authority (EBA) has warned lenders against being so risk-averse as to prompt a credit crunch.It also said regulators would not allow a cut in lending as a means to meeting regulatory capital targets.Banks have changed their ...

Biden jokes in Greece about bringing much aid

ATHENS (Reuters) - Vice President Joe Biden joked during a visit to debt-choked Athens on Monday about bringing money to help Greece out of its deepest financial crisis in decades.Introducing a member of his delegation during a meeting with Greek President Karolos ...

Italy PM meets unions ahead of crisis plan approval

ROME (Reuters) - Prime Minister Mario Monti met unions on Sunday to build support before the cabinet approves a 20-billion-euro package of austerity measures aimed at shoring up Italy's strained finances and stemming a crisis that threatens to overwhelm the euro zone.Ministers ...

ECB's Noyer says must stabilize bonds as Europe in crisis

SINGAPORE (Reuters) - Europe's debt crisis has significantly worsened, threatening global markets, so it is essential to stabilise the region's bond markets, European Central Bank governing council member Christian Noyer said on Wednesday.The ECB will do whatever is necessary to ensure adequate ...

UK growth forecasts cut, austerity to last longer

LONDON (Reuters) - The British government unveiled sharply lower economic growth forecasts on Tuesday and said it would take longer than hoped to wipe out its deficit, meaning that tough austerity measures would extend beyond 2015.Finance Minister George Osborne warned that the ...

Euro zone sentiment at 2-year low in November

BRUSSELS (Reuters) - Worries about the euro zone's debt crisis worsened in November and dragged the European Commission's economic and consumer sentiment index to a two-year low, heightening the risks of a recession in Europe.Business managers and consumers turned more pessimistic across ...
Previous