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China factory outlook improves in September ahead of US talks

Bloomberg China’s manufacturing sector improved in September on an uptick in new orders and infrastructure spending, but with the data showing factories still contracting and other indicators pointing to economic weakness, it’s not unalloyed good news for policy makers. The manufacturing purchasing managers’ index rose to 49.8, according to data released by the National Bureau of Statistics on Monday. That’s ...

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Consumer gloom in India may dim festive cheer

Bloomberg Poor demand from Indian consumers could dampen the mood during festivals in October, especially for automobile makers and retailers that count on the season for a sales boost, analysts predict. Indians typically buy everything from new cars to shoes for themselves and as gifts during celebrations steeped in religion and tradition. Yet the slowest economic growth in six years, ...

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Fed up with US trade tactics, Europe eyes its own escalation

Bloomberg Europe’s relationship with the US has been stretched to the limit by President Donald Trump’s “America First’’ foreign policy. But disputes about aircraft subsidies and auto tariffs coming to a head over the next two months could put the allies in a trade war. And while transatlantic relations have been fraying since Trump came to office more than two ...

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