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Rolex gets more expensive in UK, US

  Bloomberg Rolex SA raised prices in the US and UK by an average of about 2.5%, the latest increases for the top Swiss watch brand, according to analysts at Barclays. The price of the most popular Rolex models rose between 1% and slightly more than 3% in both the UK and the US in the start of this year, ...

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Fear of global gas crisis eased by warm start to winter

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  Bloomberg A warmer-than-expected start to winter across large parts of the world is rapidly easing fears of a natural gas crisis that had been predicted to trigger outages and add to pressure on power bills. Forecasts point to temperatures above seasonal norms for most of Europe in the next two weeks, while the US expects better weather through mid-January. ...

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Asia factories under pressure over slowing global demand

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  Bloomberg Asia’s manufacturers remained under pressure in December as activity continued to contract under the weight of slowing global demand. Several purchasing managers indexes were in negative territory across the region. The S&P Global PMI reading for Vietnam fell to 46.4 from 47.4 in November, its lowest reading since September 2021. A reading above 50 indicates expansion from the ...

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