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UK factories struggle as trade uncertainty, higher costs hit, PMI shows
LONDON, June 2 (Reuters) - The downturn in British manufacturing was less steep than first feared in May but output, orders and jobs continued to drop as companies cited recent tax hikes and U.S. President Donald Trump's tariffs, a survey showed on Monday. The final reading of the S&P Global...Reuters
Mon, Jun 2
Tesla sales in Portugal fall 68% in May, while total EVs rise
June 2 (Reuters) - Tesla's TSLA.O new car sales in Portugal fell 68% in May from the same month in 2024 to 292 units, while overall new registrations of light electric vehicles rose about 24%, the country's automobile industry association ACAP said on Monday.In the first five months of the y...Reuters
Mon, Jun 2
Tesla's sale in Norway rises 213% year-on-year in May
OSLO, June 2 (Reuters) - Tesla's TSLA.O sale of new cars in Norway rose by 213% in May from a year ago to 2,600 vehicles, registration data showed on Monday, boosted by a revamped Model Y compact SUV, the country's best-selling automobile in each of the last three years.Year-to-date sales ro...Reuters
Mon, Jun 2
Euro zone factory downturn eased in May, PMI shows
LONDON, June 2 (Reuters) - The downturn in euro zone manufacturing eased further in May, coming close to stabilisation as production increased for the third consecutive month and supported by a near-stabilisation in demand, a survey showed on Monday.The HCOB Eurozone Manufacturing Purchasing Manager...Reuters
Mon, Jun 2
GLOBAL ECONOMY-Asia's factory activity shrinks in May as US tariffs bite
Japan's PMI shrinks for 11th month in MaySouth Korea's factory activity also contracts in MayUS trade uncertainty to keep firms from investing, analysts sayBy Leika Kihara TOKYO, June 2 (Reuters) - Asia's factory activity shrank in May as soft demand in China and the impact of U.S. ta...Reuters
Mon, Jun 2
