In Today’s News

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US manufacturing slump deepens in November

WASHINGTON, Dec 1 (Reuters) – U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted.The Institute for Supply Management said on Monday its manufacturing PMI dropped to 48.2 last month … Read More »

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Wall St opens lower ahead of Powell speech, manufacturing data

The Dow Jones Industrial Average fell 135.6 points, or 0.28%, at the open to 47,580.85. The S&P 500 fell 36.8 points, or 0.54%, at the open to 6,812.3â, while the Nasdaq Composite dropped 193.3 points, or 0.83%, to 23,172.342 at the opening bell. (Reporting by Johann M Cherian in Bengaluru; Editing by Ta … Read More »

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Google ditches EU antitrust complaint about Microsoft cloud amid EU probe

By Foo Yun CheeBRUSSELS (Reuters) -Alphabet’s Google on Friday dropped its EU antitrust complaint about rival Microsoft’s cloud computing practices, a week after EU regulators launched an investigation to see if Microsoft should be subject to rules aimed at curbing its power in this sector.Last year, Google t … Read More »

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