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Euro area manufacturing activity contracts further in June

ANKARA: The downturn in the euro area manufacturing sector deepened in June as a contraction in output accelerated at the strongest pace in the year to date, according to a report released on Monday.

The HCOB Eurozone Manufacturing purchasing manager…

Russia’s manufacturing sector expanded in June

ISTANBUL: Russia’s manufacturing sector continued to expand in June, while operating conditions improved at a strong rate, amid steep increases in output and new orders, data provider S and P Global announced on Monday.

“Meanwhile, sustained demand c…

Chinese manufacturing sector expands significantly in June

ISTANBUL: China’s manufacturing sector in June improved significantly, with a growth rate of the production the fastest for the last two years, data provider S and P Global announced on Monday.

“Firms also acquired more inputs to support production, …