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UK factories struggle as trade woes hammer sentiment, PMI shows
By Andy Bruce April 1 (Reuters) - British manufacturers endured a torrid March as the U.S. tariff threat and looming tax increases at home contributed to a plunge in new orders and ebbing optimism, a business survey showed on Tuesday.The S&P Global UK Purchasing Managers' Index (PMI) for ...Reuters
Tue, Apr 1
Britain hopeful US tariffs will be reversed with economic deal
UK had hoped to agree a deal to avoid US tariffsUK hopeful exemption can be agreed shortly after introductionUK will consider retaliatory action if no deal reachedBy Sachin Ravikumar and Sarah Young LONDON, April 1 (Reuters) - Britain is still hopeful that any tariffs imposed by U.S. President Do...Reuters
Tue, Apr 1
Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
Banks raise consumer loan rates to at least 3%Top lenders have warned of growing personal bad loansHigher rates could deter China's consumption push, analysts warnBy Ziyi Tang and Ryan Woo BEIJING, April 1 (Reuters) - Some Chinese banks have started raising interest rates amid growing bad con...Reuters
Tue, Apr 1
Euro zone factory activity shows signs of recovery in March - PMI
LONDON, April 1 (Reuters) - The euro zone's long-suffering manufacturing industry showed initial signs of a meaningful recovery last month as output rose for the first time in two years, a survey showed on Tuesday, but the upswing could be hurt by U.S. trade tariffs.HCOB's final euro zone ma...Reuters
Tue, Apr 1
British house prices stagnated in March, Nationwide says
April 1 (Reuters) - British house prices were flat in March and the market is likely to stay soft after a tax increase on property transactions, mortgage lender Nationwide said on Tuesday.A Reuters poll of economists had pointed to a 0.2% month-on-month increase.As of Tuesday, Britain's governme...Reuters
Tue, Apr 1
SpaceX eyes Starlink hub with multiple ground stations in Vietnam, sources say
Starlink set to have first ground station by June, sources sayCompany plans 10-15 stations in Vietnam, sources sayPlan proceeding amid US tariff risks, fate unclearBy Francesco Guarascio and Phuong Nguyen HANOI, April 1 (Reuters) - SpaceX is readying a ground station in Vietnam for Starlink satel...Reuters
Tue, Apr 1
British house prices stagnated in March, Nationwide says
April 1 (Reuters) - British house prices were flat in March, data from mortgage lender Nationwide showed on Tuesday.A Reuters poll of economists had pointed to a 0.2% month-on-month increase.Compared with a year ago, house prices were 3.9% higher, compared with the consensus for a 4.1% annual increa...Reuters
Tue, Apr 1
