business uncertainty News

UK Service Sector Hits a Snag: April's PMI Drops to Lowest Since Early 2023

The UK service sector experienced a slowdown in April, with the services PMI falling to 49.0, indicating contraction for the first time in one-and-a-half years due to declining new...

UK Service Sector Faces Sharp Slowdown in April Amid Rising Business Uncertainties

The UK service sector experienced a significant slowdown in April, with the services PMI falling to 49.0, the lowest since January 2023, due to decreased new business and employmen...

April's Slowdown: UK Service Sector Faces Contraction Amid Global Economic Uncertainty

The UK service sector experienced its first contraction in one-and-a-half years in April, with the services PMI falling to 49.0. Declines in new business and employment, alongside ...

UK Service Sector Faces Sharp Slowdown in April Amid Global Economic Uncertainties

The UK service sector contracted for the first time in 18 months in April, with the PMI falling to 49.0. Declines in new business and employment, alongside weak export conditions, ...

UK Service Sector Faces Significant Slowdown in April Amid Global Economic Uncertainty

The UK service sector contracted in April for the first time in eighteen months, with the services PMI falling to 49.0. The decline was attributed to reduced new business and emplo...

UK Service Sector Faces Sharp Contraction in April Amid Global Economic Uncertainty

The UK service sector experienced a notable contraction in April, with the services PMI falling to 49.0, the lowest since January 2023, due to reduced new business and employment. ...

German Business Climate Shows Resilience with Slight Improvement in April, Beating Expectations

The German business climate improved slightly in April, with the Business Climate Index rising to 86.9, exceeding expectations. While current assessments are more positive, future ...

Fed's Daly Optimistic: US Economy Stands Strong Amid Global Uncertainties

Federal Reserve Bank of San Francisco President Mary Daly affirms the US economy's resilience and stability, despite ongoing uncertainties affecting business investments and the im...

Uncertainty Grips Business Sector Amid Political Turmoil and Economic Challenges

Domestic companies are on high alert amid the aftermath of President Yoon Suk Yeol's martial law and the opposition parties' push for his impeachment. With the prolonged economic d...