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German factory orders rise more than hoped amid growing optimism

  Bloomberg German factory orders grew more than anticipated in December in the latest sign that Europe’s largest economy will get through the winter without seeing a slump. Demand increased 3.2% from the previous month, more than the 2% rise analysts had predicted in a Bloomberg survey. The jump was due to large orders, without which there would have been ...

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UK engineering company Vesuvius hit by cyber attack

  Bloomberg UK engineering company Vesuvius Plc said it’s managing a cyber-security incident involving unauthorized access to its systems. The molten metal flow control firm has shut down affected systems and initiated steps to assess the scale of the attack, it said in a statement on Monday. The shares fell as much as 3.1% in early trading in London. The ...

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Dell to cut about 6,650 jobs, battered by plunging PC sales

Bloomberg Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go. The company is experiencing market conditions that “continue to erode with an uncertain future,” Co-Chief Operating Officer Jeff Clarke wrote in a memo viewed by Bloomberg. The reductions amount to about ...

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