An employee at the Jaguar Land Rover facility in Solihull, UK. Reuters
Britain’s Brexit crisis tipped the country’s construction industry into its sharpest fall in a decade in June, a survey showed, in a stark sign of how quickly the world’s fifth-biggest economy is slowing.
The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays. But this year comparatively little has been happening.
Japanese businesses with links to Britain say they have no immediate plans to flee the country as its government seeks to hammer out terms of its exit from the European Union, a Reuters poll found. Many said they would take a «wait-and-see» stance toward Brexit.
Britain’s Brexit-bound economy unexpectedly grew in February, helped by manufacturers rushing to meet orders from clients who are stockpiling goods ahead of the country’s break from the European Union, official data showed. While still sluggish, the economy expanded by 0.2 per cent from January, the Office for National Statistics said. Economists in a Reuters poll had expected zero growth.
Thyssenkrupp has received bids from at least three major bidding groups for a majority stake in Thyssenkrupp’s elevator business, four people familiar with the matter said.
The Khalifa Fund for Enterprise Development (KFED) recently received a delegation from the Chechen Republic at its headquarters in Abu Dhabi. The delegation was in the UAE
Indonesia will not approve the return of the Boeing Co 737 MAX to its skies until after aviation regulators in the United States, Europe, Brazil, Canada and China