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German machine tool orders down in Q1 2024, potential recovery ahead

The German machine tool industry experienced a decline in orders during the first quarter of 2024, with international orders dropping significantly. Dr. Markus Heering of the VDW attributes this to lingering uncertainties and delayed investments. Despite the downturn, there are signs of potential recovery in the second half of the year.

UK business activity declines again in October, according to PMI by Reuters

LONDON (Reuters) - British businesses recorded another decline in activity this month and cost pressures eased further, a survey showed on Tuesday,

The GBP/USD outlook amidst data figures and economic challenges

The GBP/USD outlook amidst data figures and economic challenges
londonlovesbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from londonlovesbusiness.com Daily Mail and Mail on Sunday newspapers.

The Purchasing Managers Index (PMI) shows UK business activity declined again in October

British companies recorded another decline in activity this month and cost pressures eased further, a survey showed on Tuesday, highlighting the risk of

Egypt s Trade Deficit Declines by 16 6%

Egypt’s trade balance deficit declined by 16.6 percent to $3.15 billion in October 2023, compared to $3.78 billion in the same month of 2022. The Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement on Thursday that the value of exports declined 19.2 percent on an annual basis to $3.23 billion in October 2023. It added that this drop was driven by a decline in the value of exports of natural and liquefied gas by 95.8 percent, petroleum products by 43.6 percent, and plastics in their primary forms by 21.4 percent.

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