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Manufacturing growth in UK slows to 2-year low as exports falter

2nd lead uk manufacturing copy

Bloomberg UK manufacturing growth unexpectedly slowed to the weakest in two years last month as export orders contracted amid a weakening of the global economy. IHS Markit’s Purchasing Managers’ Index fell to 52.8 in August, the firm said, down from 53.8 a month earlier, and below the 53.9 forecast by economists. A gauge of new orders for exports fell below ...

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European firms dominate Uganda’s $1bn toll road bids

Bloomberg Uganda pre-qualified eight groups of companies for a public-private partnership to build and operate a 95-kilometre (59-mile) toll road worth more than $1 billion. France-based Vinci SA, Strabag SE Austria and Tecnasol Luisa Goncal of Portugal are leading groups in bids for the road linking the capital, Kampala, to Jinja town in the east, Uganda Roads Authority Executive Director ...

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Google, Mastercard cut a secret ad deal to track retail sales

European competition commissioner fines google 2.4 billion euros for abusing search engine dominance

Bloomberg For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the US. That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for. But most of the two billion Mastercard holders aren’t ...

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