Friday, 16 November, 2018

United Kingdom manufacturing output declines amid Brexit fears and trade tensions

China's Manufacturing Sector Expands Marginally Manufacturing growth slows in October - PMI
Orlando Vargas | 04 November, 2018, 17:19

The index fell to 51.1, where above 50 indicates growth, suggesting that activity in the sector slowed significantly last month.

Globally, the data showed a divergence between developed and emerging markets.

Washington and Beijing have imposed tariffs on billions of dollars of each others' goods - while threatening more - and the ripple effects of the trade war are being felt globally. The latest overall upturn in new work was the slowest for just under two years. After stagnating in September, new orders grew slightly in October despite the amount of new export business falling for the seventh month.

Steel tariffs and higher transportation costs were blamed by manufacturers for an increase in their costs, IHS Markit said. That could put a further squeeze on profit margins, and risks setting off a vicious circle of lower business investment, job losses and deepening gloom for the broader economy.

Besides facing pressure from the escalating trade war with the US, the Chinese manufacturers have also been squeezed by the lack of credit streams as Beijing's crackdown on risky lending practices, and on corporate debts continue.

The People's Bank of China (PBOC) has cut the reserve requirement ratio for banks four times so far this year to spur commercial lenders to extend more credit.

"Alongside the halt in hiring, the increasingly defensive position of United Kingdom manufacturers was also reflected in the slight decreases in purchasing activity and inventory holdings, which firms linked to protecting cash flow and cost-cutting". More tax cuts may be in the pipeline, experts said.

Iran summons Danish ambassador over attack allegations
Secretary of State Mike Pompeo in a Twitter post "congratulated" Denmark on arresting what he called "an Iranian regime assassin". Israel has warned Denmark that Iran is preparing an attack on its territory. "We're working on a concrete response".


West Ham fans laud Grady Diangana on Twitter for his performance
As a young professional, I had to think about what is best for my career and where I can improve. I want to keep improving and I feel I'm at a great club to do that.


Crew, including Canadian, could be heading to space station December 3: Russians
This was ultimately what doomed the mission, as the piece slammed into the side of the second stage booster fuel tank. Russian officials pledged to improve oversight during assembly of the spacecraft.


Encouraged by order book volume growth, firms expanded staffing levels in October to boost operating capacities.

The lackluster survey results add to evidence that the world's second-largest economy is still facing headwinds from the ongoing trade war with the U.S.

Although growth likely picked up in the third quarter, the report suggests the United Kingdom economy may face a challenging end to 2018.

Autralia's bumper trade balance comes at a cost of exports declining by -1%.

"Companies have been getting on with business and planning ahead as much as they can, but there is only so much that can be done with so much global uncertainty about the future of our trading relationships".

The latest survey data, while not as bad as some feared, still paint a fairly downbeat picture, Julian Evans-Pritchard, an economist at Capital Economics, said. Any unauthorised use, including but not limited to copying, distributing, transmitting or otherwise of any data appearing is not permitted without IHS Markit's prior consent.

Recommended

  • More children off Nauru and in Australia - PM

    More children off Nauru and in Australia - PM

    Traumatized children languishing in Australian-run offshore migrant detention centers will be removed by the end of the year, the Australian government said on Thursday.
    Destiny 2 Is Now Free on PC Until November 18th

    Destiny 2 Is Now Free on PC Until November 18th

    For those who already own Destiny 2 on PC will receive an exclusive emblem not available anywhere else. Either way, you'll need to redeem the code through the official portal on the Destiny 2 page here .
    US Launches Initiative for Chinese Trade Theft Cases

    US Launches Initiative for Chinese Trade Theft Cases

    Wang and Ho were indicted by Taiwanese authorities on the same charges in September of 2017, along with UMC. The Chinese government, Sessions said, was "notorious around the world" for intellectual property theft.
  • Trump makes last-minute push at rallies before Election Day

    Trump makes last-minute push at rallies before Election Day

    Chance of the calendar, these states are for the most part in conservative regions, which complicates any democratic reconquest. If the Democrats won, Trump told the crowd at an aircraft hangar in Pensacola, they would impose socialism on Florida.
    Google Workers Stage Walkout in NYC Over Company's Sexual Misconduct Policies

    Google Workers Stage Walkout in NYC Over Company's Sexual Misconduct Policies

    Last week, the New York Times detailed allegations against the creator of the Google's Android software Andy Rubin. But the signs and the chants blamed Google for not being forthcoming about its handling of harassment claims.
    Trump Announces Planned Crackdown on Asylum Seekers

    Trump Announces Planned Crackdown on Asylum Seekers

    The gunman who assassinates people on the Sabbath, ." he said, speaking to several USA news stories from last week. A second caravan of about 3,000 migrants is also traveling to the US , followed by at least two smaller groups.
  • What Virgil van Dijk told Jurgen Klopp after Arsenal draw

    What Virgil van Dijk told Jurgen Klopp after Arsenal draw

    The ball had bounced via Virgil van Dijk and Holding, and then against the post. "Ask him. It's not nice, but of course a point at Arsenal will always be an absolutely good result.
    Magic Johnson Scolds Luke Walton over Lakers' Poor Start

    Magic Johnson Scolds Luke Walton over Lakers' Poor Start

    When you throw LeBron James into the drama known as the Real Lakers of Los Angeles, we knew the results would be spectacular. I've been saying [and] we've been saying since the beginning: We're going to be patient.
    Schmeichel dedicates 'emotional' victory to Srivaddhanaprabha's family

    Schmeichel dedicates 'emotional' victory to Srivaddhanaprabha's family

    Goal senior editors Miles Chambers and Jim Knight discuss the tragic incident ahead of Saturday's game against Cardiff City. I know people are saying the result doesn't matter but for us as players we want to get a positive result .
  • Open Enrollment Underway For ACA Marketplace Plans

    Open Enrollment Underway For ACA Marketplace Plans

    Sign-ups are executed through the website healthcare.gov. "It's a relief for the many people who were priced out of the system". A spokesperson for the Centers for Medicare and Medicaid Services said later that HealthCare.gov is open for business.
    Netizens Confront Kavanaugh Accusers as One Admits to Making Up Rape Story

    Netizens Confront Kavanaugh Accusers as One Admits to Making Up Rape Story

    She also told investigators the whole thing was a tactic and a ploy to oppose Kavanaugh's nomination. The subject line of the email read, "I am Jane Doe from Oceanside CA - Kavanaugh raped me".
    Red Sox Win World Series

    Red Sox Win World Series

    The struggling Madson left a changeup over the middle to Moreland, who bashed it into right for his first homer this postseason. He became the first to pitch into the eighth inning of a Series game on one day of rest since the Yankees' Bob Turley in 1957.

'Sanctions are coming': HBO less than impressed with Trump tweet 'Sanctions are coming': HBO less than impressed with Trump tweet Former US President Barack Obama had spent considerable political capital to strike a nuclear deal with Iran in 2015. But for now, Iran seemed likely to try to endure the Trump administration's maximum pressure campaign, she said.

Ariana Grande announces new album Thank U, Next Ariana Grande announces new album Thank U, Next This isn't the first time Grande's love life has explicitly inspired her music - Sweetener includes an interlude entitled " pete davidson ".

UFC champ Cormier calls out Lesnar after historic win UFC champ Cormier calls out Lesnar after historic win In between rounds, Cormier's corner instructed him to do the exact same thing and exhausted the Black Beast out. Weidman finally got caught and clung to Souza's leg as he tried to find his bearings. "Point blank.

Andre Russell out of T20I series against India Andre Russell out of T20I series against India West Indies were hammered in the two-Test series before they lost the five-match series 1-3. Rishabh Pant has been included in the squad in place of Mahendra Singh Dhoni.

United Kingdom backs U.S. calls to end Saudi-led war in Yemen United Kingdom  backs U.S.  calls to end Saudi-led war in Yemen The U.S. has sold billions of dollars' worth of arms to Saudi Arabia and provides logistical and other support to the coalition. Yemen has been at war since March 2015 when Houthi rebels occupied northern regions and forced the government into exile.

Oprah Stumps For Democrats In Georgia. Mike Pence Responds Brilliantly Oprah Stumps For Democrats In Georgia. Mike Pence Responds Brilliantly But Winfrey had a message for those speculating that she may pursue a political bid of her own: She's not running. The hotly contested Georgia governor's race has garnered national attention and is now neck and neck.

How Much Deepika's Wedding Jewellery is Really Worth?.. How Much Deepika's Wedding Jewellery is Really Worth?.. Moreover, we hope that the wedding turns out to be an unforgettable affair. Deepika Padukone just returned to Mumbai from her hometown, Bengaluru.

Prince Charles in Gambia for first leg of Africa trip Prince Charles in Gambia for first leg of Africa trip Prince Charles had an impromptu vibesing session with a traditional band after he arrived in Ghana for the latest leg of his West African tour.

Where’s the beef? Cormier, Lewis vie for heavyweight crown Where’s the beef? Cormier, Lewis vie for heavyweight crown I knew he was coming for something so I was like this dude wanted something and I am going to give it to him", stated Cormier. I'm like, 'Oh Brock's here, this adds another layer to the fight, ' as I'm facing the greatest Heavyweight in the world.

Breeders Cup: Arc heroine Enable eyes Churchill Downs triumph Breeders Cup: Arc heroine Enable eyes Churchill Downs triumph With 222 points, Roaring Lion now holds a clear lead in both the Cartier Horse of the Year and Cartier 3-year-old colt categories. The four-year-old will bid to become the first Prix de l'Arc de Triomphe victor to follow up at the feature American meeting.

Arsenal players can't coast now Arsène Wenger has left, says Jürgen Klopp Arsenal players can't coast now Arsène Wenger has left, says Jürgen Klopp Though the odds are heavily in favour of Liverpool waltzing past Arsenal's defence, it surely makes for an interesting watch. Arsenal boss Unai Emery has encouraged his squad to "write a new history" ahead of their game against Liverpool on Saturday.

Blizzard’s Warcraft 3 is finally getting the remastered treatment Blizzard’s Warcraft 3 is finally getting the remastered treatment Blizzcon 2018 attendees are getting an opportunity to try the game out and some work-in-progress gameplay was shown as well. The Diablo series subreddit has been hammering the recent unveil as "out of touch" and " a slap in the face ".

Trump asks officials to draft possible trade deal with China Trump asks officials to draft possible trade deal with China Xi also said he and Trump expressed hopes to expand bilateral trade cooperation, Xi was quoted as saying on CCTV state television. The two sides are "getting much closer to doing something" and "a lot of progress has been made".

Juventus coach Allegri: Sign Pogba? We have to stop him! Juventus coach Allegri: Sign Pogba? We have to stop him! In 2006 World Cup quarter-finals between Portugal and England, Rooney was shown a red card after he stamped on Ricardo Carvalho. Ronaldo has won the last two Ballon d'Or awards after playing a pivotal role as Real Madrid ruled supreme in Europe.

Freedom on the Net 2018: Georgia Remains among Free Countries Freedom on the Net 2018: Georgia Remains among Free Countries In the latter country, the government passed a law imposing severe prison sentences for inciting "hatred" online. It is also noted that the global level of Internet freedom is declining for the eighth consecutive year.