BERLIN—Weaker demand from abroad drove a much bigger than expected drop in German industrial orders, including cars, in October, data showed on Monday, further clouding the growth outlook for manufacturers in Europe’s largest economy. A pandemic-related scarcity of microchips and other electronic components has caused massive supply bottlenecks and production problems in Germany’s mighty automobile…
Weaker Foreign Demand Sinks German Industrial Orders in October
December 6, 2021
admin
Asia & PacificBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesdemandeconomyEuropeforeignGermanyindustrialInternationalMarketsoctoberWorld
0 Comment
Euro Zone Retail Sales Up in October on Non-Food Purchases
December 3, 2021
admin
Business & EconomyBusinesses in COVID-19CompanieseconomyeuroEuropeGold & CommoditiesMarketsoctoberRetailsalesWorld
0 Comment
BRUSSELS—Euro zone retail sales rose in line with expectations in October as consumers spent more on non-food purchases, particularly online, data from Eurostat showed on Friday. Retail sales, a proxy for consumer demand, in the 19 countries sharing the euro, gained 0.2 percent month-on-month in October and were up 1.4 percent from a year earlier,…
Euro Zone Producer Prices Surge in October, Unemployment Eases
December 2, 2021
admin
Business & EconomyBusinesses in COVID-19CompanieseconomyeuroEuropeEurostatinflationoctoberProducerunemploymentWorld
0 Comment
BRUSSELS—Euro zone producer prices jumped more than expected in October, data showed on Thursday, driven mainly by a surge in energy prices, while unemployment eased again as the economy continued to recover from the pandemic-induced recession. The European Union’s statistics office Eurostat said prices at factory gates in the 19 countries sharing the euro rose…
Asian Bonds Receive Lowest Foreign Flows This Year in October
November 12, 2021
admin
asianbondsBusiness & EconomyBusinesses in COVID-19Companieseconomic policiesEconomiesFlowsforeigninflationInvestmentMarketsoctober
0 Comment
Asian bonds received lowest foreign inflow this year in October, hit by concerns over higher inflation levels and a slowdown in China’s economy. Overseas investors purchased a combined net total of $2.25 billion in Indonesian, Malaysian, South Korean, Thai, and Indian bonds last month, the smallest buying since December 2020, data from regulatory authorities and…
China Vehicle Sales Fall 9.4 Percent in October: Industry Body
November 10, 2021
admin
Business & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesEconomiesIndustryoctobersalesvehicle
0 Comment
BEIJING—China’s auto sales fell in October for a sixth consecutive month, slumping 9.4 percent from a year earlier, industry data showed on Wednesday, as a prolonged global shortage of semiconductors disrupts production. Overall sales in the world’s biggest car market were 2.33 million vehicles in October, data from the China Association of Automobile Manufacturers (CAAM)…
Tesla Sold 54,391 China-Made Vehicles in October: CPCA
November 8, 2021
admin
Business & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesEconomieseconomyEuropeLocal NewsNorthern CaliforniaoctoberRegional-Local NewsteslaUSUS NewsWorld
0 Comment
BEIJING—U.S. electric vehicle maker Tesla Inc. sold 54,391 China-made vehicles in October, including 40,666 for export, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 56,006 China-made vehicles in September, including 3,853 that were exported. Chinese EV makers Nio Inc….
Futures Extend Gains After October Payrolls Blow Past Expectations
November 5, 2021
admin
Business & EconomyBusinesses in COVID-19CompaniesEconomieseconomyexpectationsfuturesgainsInvestmentLocal NewsMarketsNew YorkNY NewsoctoberpayrollsRegional-Local NewsUSUS News
0 Comment
U.S. stock index futures sharply extended gains on Friday after data showed U.S. job growth accelerated at a much faster than expected pace in October, adding to optimism sparked by a batch of strong earnings reports. At 8:35 a.m. ET, Dow e-minis were up 120 points, or 0.33 percent, S&P 500 e-minis were up 19.75…
Wall Street Extends Record Rally on Strong Jobs Report
November 5, 2021
admin
Business & EconomyBusinesses in COVID-19Companieseconomic policiesEconomieseconomygainsinflationInvestmentjobsLocal NewsMarketsNew YorkNY NewsoctoberpayrollsPfizerpillRegional-Local NewsUSUS NewsWall Street
0 Comment
Wall Street’s main indexes hit record highs in a broad-based rally on Friday as data showing strong jobs growth in October, coupled with Pfizer’s COVID-19 pill update, boosted sentiment about economic growth. Ten of the 11 major S&P sectors advanced in early trading, with economy-sensitive energy, financials, and industrials gaining more than 1 percent each….
Japanese Carmakers’ Chinese Sales Tumble in October
November 5, 2021
admin
Asia & PacificBusiness & EconomyBusinesses in COVID-19CarmakersChinaChina Business & EconomyChineseCompaniesEconomieshondaJapaneseNissanoctobersalesToyotaWorld
0 Comment
BEIJING—Japanese automakers Honda Motor Co., Nissan Motor Co., and Toyota Motor Corp.’s sales in China tumbled again in October as a microchip shortage hit vehicle production in the world’s biggest car market. Honda said it sold 148,377 vehicles in China last month, down 18 percent from a year earlier, while Nissan said it sold 113,876…
Euro Zone Business Growth Slipped to Six-Month Low in October as Price Pressures Soared
BENGALURU/LONDON—Euro zone business growth slipped to a six-month low in October as supply chain bottlenecks and logistical issues related to the COVID-19 pandemic pushed input prices to rise at the fastest rate in over two decades, a survey showed. Government restrictions are being lifted in the currency bloc but shortages of raw materials in the…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`