REUTERS/Bobby Yip British chancellor Philip Hammon LONDON — Public sector net borrowing increased by £1.2 billion in April compared to the same time in 2016, the latest figures from the Office for National Statistics released on Tuesday showed. “Public sector net borrowing (excluding public sector banks) increased by £1.2 billion to £10.4 billion in April […]

REUTERS/Denis Charlet European industrial production came in below expectations for April. Production rose by 0.1% from March, leaving output up just 0.8% from 12 months ago. Analysts had been expecting a 0.3% boost, which would have left production up 1.1% from its level in April 2014. The recent bounce in European economies has certainly been […]

REUTERS/Christopher Furlong British industry slowed down markedly in April, according to the latest business surveys just out. Markit’s purchasing managers’ index (PMI) for the manufacturing sector in April came in at just 51.9, a seven month low. That’s much worse than what was expected — after a PMI reading of 54.4 for manufacturing last month, […]

East Hampton Town Police Department Jason Lee–the 38-year-old ex-Goldman Sachs managing director facing rape charges in Suffolk County, NY–waived his right to a jury trial, and will appear before a judge beginning April 8, Bloomberg News reported.  In August 2013, Lee was arrested for allegedly raping a 20-year-old woman visiting the United States from Ireland. Lee […]

Developed with aerospace, defense leaders to address production challenges (DEARBORN, Mich., Sept. 9, 2014) – SME, an organization dedicated to advancing manufacturing, is seeking industry professionals with subject-matter expertise to speak at 2015 AeroDef Manufacturing with Composites Manufacturing, a groundbreaking event and manufacturing conference solely devoted to commercial and defense aerospace manufacturing. The event […]

(07/07/14 19:12:01) BANGKOK (July 7): Indonesian shares posted their best gain in three months on Monday, amid a rise in the rupiah and inflows into large-caps, while the Malaysian benchmark hit an all-time closing high, with banking shares leading the pack. Foreign investors cautiously built positions in equities again, with the presidential election just two […]