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US manufacturing expands at fastest pace since 2018

Bloomberg A measure of US manufacturing expanded in December at the fastest pace in more than two years, bolstered by a pickup in new orders and the strongest growth in production since 2011. A gauge of factory activity unexpectedly increased to 60.7 from 57.5 a month earlier, according to Institute for Supply Management data. Readings above 50 indicate expansion and ...

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Restaurants in France face reopening delay

Bloomberg French restaurant owners are readying for more disappointment, as rising virus numbers threaten to delay the reopening of the country’s food and beverage industry. The government will push back the planned January 20 reopening of restaurants and cafes, broadcasters France Info and RTL reported after Alain Griset, minister for small and medium-sized businesses, said that it’s unlikely Covid surge ...

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UK businesses enter new lockdown with dwindling cashflows

Bloomberg UK businesses were suffering even before the latest lockdown, leaving many in a precarious position as they enter new restrictions with what many say is insufficient government support, a survey showed. The findings from the British Chambers of Commerce in November add to pressure on Chancellor of the Exchequer Rishi Sunak to extend aid to companies beyond the $12,000 ...

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