Business activity across the 20 countries that use the euro expanded in January for the first time in six months, according to data published Tuesday, providing fresh evidence that Europe’s economy could confound expectations and dodge a recession this year. An initial reading of the eurozone’s Purchasing Managers’ Index, which tracks activity in the manufacturing and service sectors, rose to 50.2 in January from 49.3 in December, indicating the first expansion since June.
” Consumer sentiment in Germany, the region’s biggest economy, looks set to improve for a fourth consecutive month in February from a very low base, according to a separate survey published by GfK Tuesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
W
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More layoffs are on the way, survey of business economists finds | CNN BusinessFor the first time since the early days of the pandemic, most business economists expect their companies to cut payrolls in the coming months, according to a new survey released Monday. Learn to code 🤣🤣🤣 CNN IS RACIST
Source: CNN - 🏆 4. / 95 Read more »
How Big Tech's pandemic bubble burst | CNN BusinessIn January 2021, Microsoft CEO Satya Nadella spoke in lofty terms about how the first year of the pandemic had sparked a staggering shift toward online services, benefiting his company in the process. 'What we have witnessed over the past year is the dawn of a second wave of digital transformation sweeping every company and every industry,' he said. This is a false narrative. Just like retail did during holidays, the tech industry hired contractors to build out a sustainable network when locked down. Now people are going back out and don't spend as much time indoors. CNN is trash. yo! my email is iamsmith539gmail.com CNN FakeNews fakepandemic BigTech
Source: CNN - 🏆 4. / 95 Read more »
Here's what will happen to the economy as the debt ceiling drama deepens | CNN BusinessAfter the US hit its debt ceiling, the Treasury Department is now undertaking “extraordinary measures” to keep paying the government’s bills. So what would happen to the economy in a worst-case scenario of default? a more informative question would be 'what's more likely to happen' instead of the worse case scenario. Govt takes in close to 5T a year. How about spend 4.9T? 🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍 CNN sucks.
Source: CNN - 🏆 4. / 95 Read more »