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Less bright than they might appear in the German Economy thats according to a survey of chief Financial Officers conducted by Management Consultancy to lloyds it found a shop drop in both investments and recruitment which levels the lowest in 7 years the Auto Industry engineering and chemical sectors of the most pessimistic especially in investments the Banking Sector trails in recruit but the survey showed c f os were most concerned about a full kastrup in domestic consumption in the coming year just digitisation came out as the one area they are still happy to invest in. Lets go to Chelsea Delaney of financial correspondent in frankfurt chelsea just how bad is the situation because i mean germanys just narrowly missed a recession it is basically stagnating wouldnt investments from both the public and private sectors be exactly what the doctor ordered. Well thats what economist investors have really been begging for over the past couple of months investment is really the really the be
NorwayGermanyMoscowMoskvaRussiaAustraliaUnited-statesHong-kongSydneyNew-south-walesWashingtonBeijingImportant problems can become a long term business model. And imagine a 19 hour flight crammed in economy falters completes a double sunrise test flight from london to sydney. And mentors will and thats the business things are less bright than they might appear in the German Economy thats according to a survey of chief Financial Officers conducted by Management Consultancy to lloyds it found a shop drop in both investments and recruitment with levels the lowest in 7 years the Auto Industry engineering and chemical sectors of the most pessimistic especially in Investment Banking sector trails in recruitment the survey showed see a photos will most concerned about a full cost drop in domestic consumption in the coming year digitisation came out as the 1. 00 area theyre still happy to invest in. Lets go to Chelsea Delaney of financial correspondent in frankfurt chelsea just how bad is the situation because i mean germanys just narrowly missed a recession it is basically stagnating wouldnt
GermanyNorwayAustraliaUnited-statesSydneyNew-south-walesWashingtonItalyUnited-arab-emiratesRussiaLondonCity-ofThis is switzerlands number one insurer. Interim ceo guy he has been struggling to turn this around. The reality maybe coming home to roost. Anna they have been trying to equity, and other targets which were apparently thwarted. Guy lets get you the bloomberg first word. Manufacturing pmi has dropped to the lowest level in three years. In atficial reading came 49. 6 in november. Six Central Bank Interest rate cuts in your have not been enough to slow refectory manufacturing. In a historic move, the imf will to its list of reserve currencies. The euro lost the most with the changes. They Australian Dollar held a second day of gains after the reserve bank kept rates unchanged at a record low 2 . Ill ise seventh month makers have left the rates untouched. Morgan stanley is planning to month policyh makers have left the rates untouched. Morgan stanley is playing to cut fixed income jobs. Shares rose on the news. David cameron calling for a vote tomorrow on extending airstrikes into syria.
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