The British manufacturing downturn worsened in May, as output, new orders and employment all fell at faster rates amid headwinds of weak domestic and foreign market conditions and client de-stocking, survey results from S&P Global revealed Thursday. The Chartered Institute of Procurement & Supply manufacturing Purchasing Managers’ Index, or PMI, dropped to a four-month low […]
Layoffs Surge 315%
Anyone who thinks that tech layoffs will not lead job attrition in the United States this year is wrong. According to a new report by Challenger, Gray & Christmas, of 417,500 layoffs announced through the first five months of the year, 136,831 have been in the tech sector. (Your boss does not want you to […]
Saffron Building Society launches account with 9% interest rate
Saffron Building Society has announced the launch of its new limited edition savings account which offers an inflation-busting nine percent interest rate. The account in question is the financial institution’s Members’ Month Loyalty Saver which has been created to mark the building society’s first annual Members Month. This particular product is now available for existing […]
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In a recent article published in Emerging Infectious Diseases journal, researchers performed a retrospective cross-sectional study in Ontario, Canada, fioricet drug interactions to determine the prevalence of nontuberculous mycobacterial pulmonary disease (NTM-PD) in 2020 based on screening/testing of pulmonary NTM isolates. Study: Pulmonary Nontuberculous Mycobacteria, Ontario, Canada, 2020. Image Credit: KaterynaKon/Shutterstock.com Background There is a scarcity of […]
Germany Slid Into Recession In Q1
The German economy entered a technical recession in the first quarter, in contrast to the initial estimate, as high inflation damped household consumption, official data revealed Thursday. Gross domestic product declined a seasonally and calendar adjusted 0.3 percent from the fourth quarter of last year, when the economy shrank 0.5 percent, Destatis reported. The initial […]
India’s progress on digital inclusion stalled in 2022, says GSMA report
India’s progress on digital inclusion stalled in 2022 with no change in mobile internet use for either men or women, the latest mobile gender gap report, published by global mobile industry association GSMA shows. Released on Wednesday, the report shows that 81 per cent of men and 72 per cent of women in India owned […]
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National research shows that 46 percent of British men admit that work is their biggest cause of stress, closely followed by finances and the current economic climate. Almost half of the respondents in the survey (46 percent) feel as though they have a hard time de-stressing. Top five causes of stress for British men Work […]
European Economic News Preview: Eurozone Flash Inflation Data Due
Flash inflation from the euro area and house prices from the UK are due on Thursday, headlining a busy day for the European economic news. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 0.5 percent on month in May, offsetting a 0.5 percent rise in April. […]
House Passes Debt Ceiling Bill With Big Majority
The House of Representatives passed with overwhelming majority a bill to suspend the United States’ debt limit through January 1, 2025. The Bill needs to be passed by the Senate to avert a first-ever default ahead of June 5 deadline given by the Treasury Department. The debt ceiling is a spending limit stipulated by Congress […]