Chinese factory activity up among smaller firms amid broader slowdown
Factory activity among smaller Chinese manufacturers grew at the fastest pace since 2021 thanks to overseas orders, a private index…
UK manufacturing growth slows as shipping delays hit exports, PMI shows
British manufacturing activity growth slowed last month from May’s 22-month high as ongoing disruption to shipping in the Red Sea…
Downturn in German manufacturing suffers fresh setback, PMI shows
The downturn in Germany’s manufacturing sector, which accounts for about a fifth of Europe’s biggest economy, experienced a fresh setback…
Turkey aims to rein in tax breaks, target avoidance in reform plan, finance minister says
A drive by Turkey’s government to modernise the country’s tax system will seek to boost revenue by tackling tax avoidance…
Robust demand boosts India factory growth in June, PMI shows
Activity in India’s manufacturing sector rebounded last month as output increased on robust demand, leading to the fastest rate of…
Turkey resumed oil imports from Iran in March after 4 years: data shows
Figures by the European Union’s statistics agency, Eurostat, show that Turkey resumed importing oil from Iran in March this year…
Trans Mountain oil pipeline just shy of target for first-month loadings
About 20 ships loaded crude oil on Canada’s West Coast in the first full month of operation on the newly…
Saudi Arabia buys around 235,000 metric tons of wheat, GFSA says
Saudi Arabia’s main state wheat buying agency, the General Food Security Authority (GFSA), on Monday purchased around 235,000 metric tons…
Asia’s first half crude oil imports slip, undermining bullish forecasts
Asia’s imports of crude oil ticked lower in the first half of 2024 from the same period last year, defying…
Driving efficiency and trust: DNV’s Emissions Connect in the new EU ETS landscape
The introduction of the EU’s Emissions Trading System (ETS) into shipping has brought significant changes, deeply impacting financial operations, day-to-day…