U.K. manufacturing sector activity improves in April

Note: This section contains information in English only.
Source: RTT News
Manufacturing sector activity in the U.K. continued to contract, but the pace of contraction was lower than preliminary estimated in April, as new orders recorded an increase suggesting that the economy might be gathering momentum in the Q2. The manufacturing sector Purchasing Managers Index grew from 48.6 points in March to 49.8 in April.

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Wed, 01 May 2013 15:47:46 GMT

Slovenia's credit rating cut by Moody's

Slovenia's credit rating was downgraded by Moody's Investors Service to ‘junk' on Tuesday bringing up concerns that the country will be the next one asking for a EU bailout. At the same time, Moody's cut the Slovenian government bond rating from Baa2 to Ba1 and set the outlook to ‘negative' amid uncertain funding environment as the nation has problems meeting

Wed, 01 May 2013 15:02:05 GMT

Sugar swings between gains and losses on Wednesday

Sugar traded on New York's ICE Futures U.S. swung between drops and gains on Wednesday amid speculation that the amount of exchange-delivered sweetener will be higher that estimated. Raw sugar with delivery in two months dropped as much as 0.1% to 17.58 cents a pound as of 6:33 a.m. following a 0.5% increase earlier today.

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