In December, Britain's manufacturing sector showed some signs of improvement, but the overall outlook remains uncertain. The S&P Global Purchasing Managers' Index (PMI) for manufacturing rose to 50. 6, up from 50. 2 in November. However, this was lower than the initial estimate of 51. 2. This increa
New York City's real estate titans are gearing up for a tough fight if Zohran Mamdani, a self-proclaimed socialist, becomes the next mayor. Mamdani, who won the Democratic primary, has big plans to tax big businesses and landlords more. But the real estate industry isn't worried. They've been throug
Businesses in the UK are feeling the pinch, big time! A new survey by the British Chambers of Commerce shows that confidence among firms has hit a new low since the infamous "mini-budget" crisis of late 2022. The big worry? Taxes! Over 60% of businesses are fretting over their tax bills, which have
The recent reports from the American Chamber of Commerce in Shanghai and the European Union Chamber of Commerce in China paint a bleak picture for US companies operating in China. The record-low profits and dwindling optimism among American businesses in China are a stark reminder of the challenges
Imagine a place where investors are hesitant to put their money due to a toxic business environment. Sounds like a recipe for disaster. Unfortunately, that's the reality in China, where business confidence has reached an all-time low. Profit margins for many European companies operating in China are
