Day: May 1, 2020

UK factories suffer worst month in three decades
UK Economy

UK factories suffer worst month in three decades

By Ritu, Capital Sands British manufacturers suffered the biggest fall in output and orders for at least three decades in April, as measures to slow the spread of the new coronavirus sent the economy into a steep downturn, a survey showed on Friday. April’s final IHS Markit/CIPS Manufacturing Purchasing Managers’ Index confirmed the bleak picture […]

Read More
Business
South Korean exports

South Korea’s exports suffer worst slump in 11 years as pandemic shatters world trade

By Administrator_India Capital Sands The coronavirus crisis sent South Korean exports plunging in April at their sharpest pace since the global financial crisis, signaling a bleak outlook for international trade as the pandemic paralyzes the world economy and shatters demand. Exports dived 24.3% year-on-year in April, trade ministry data showed on Friday, the worst contraction […]

Read More