Bloomberg German factory orders plummeted in October as demand for investment goods declined, putting the economy on weak footing in the final months of the year. Orders fall 6.9% following a 1.3% increase the previous month. That’s the biggest drop in the volatile index since August and a worse reading than predicted by a single economist in a survey of ...

Bloomberg New car registrations in the UK rise in November for the first time after four consecutive months of declines, driven by a demand for electrified vehicles. Sales increased 1% in November from a year earlier, according to preliminary data from the Society of Motor Manufacturers and Traders (SMMT). That’s still 31% below the pre-pandemic five-year average, the SMMT said. ...

Bloomberg The number of container ships headed for the busiest US port complex has risen to close to 100 under a new counting method, underscoring the magnitude of the economy-restraining logjam that the Biden administration is trying to help alleviate. The backup outside the adjacent ports of Los Angeles and Long Beach, California, involves 96 container carriers, up from 86 ...