Business (machinery) News. Recent scare stories about the NHS and Spanish authorities hinting that Spain could become a currency independent are driving business news watchers wild. Madrid is worried that a vote for independence will lead to a financial crisis. Coronavirus has caused a global scare with many NHS Trusts warns that they are not prepared for a new crisis. This is likely to lead to investors selling the redoubt, so that they can take advantage of this easy business opportunity in the European markets.
Business (machinery) News. The top line June report suggests that despite reports in the press that the economy is showing signs of recovery, manufacturing barely moved in May, suggesting that the sluggish economy may not be ready for another uptrend. Spain’s shaky election result has caused forecasters to soften their forecasts, suggesting that Spain may not be ready for another election until the second half of the next decade. The polls suggest that abstention may be a stronger indicator of government performance than any indicators on the latest business news.
Business (machinery) News. As expected, the manufacturing sector did not report in June, with the main manufactures reporting figures in late August. Meanwhile, the Bank of Spain cut its rates to weaken the Bank of America (BoC) dollar. BoC rates are likely to fall further in coming months. With unemployment at record highs, the BoC is taking action to reduce its deficit and boost economic growth. This signals that business (machinery) News is pointing to a period of strong growth before the BoC cuts its rates again.
Business (machinery) News. In the second half of this year, the UK’s top line July figures showed a marked slowdown compared to the first half. Some blamed the weaker pound and weaker consumer spending. Consumer spending growth picked up in the second half of the year, but consumers only added 1.2 percent to GDP. Inflation also picked up slightly, driven by higher household income. As inflation picks up and the BoC keeps rates on hold, it will be interesting to watch the business (machinery) News in the coming months.
Business (machinery) News from the European Central Banks. In mid-July, European Central Bank head Mario Draghi said he would buy Spanish and Greek debt for protection against financial risks. The reaction was positive for stocks in Spain and Greece. The reaction in Europe was negative for stocks in Italy, where Mario Draghi had previously indicated that he might buy Italian bonds. Markets do see risks to the euro on the periphery, and so this move by Draghi may be important to some European business (machinery) investors.
Business (machinery) News from China. Chinese state owned banks have been busy making buying and selling transactions, with the People’s Republic of China acting as a buyer for a number of major business groups in the U.S. and Europe. Additionally, China has been relatively restrained in its recent stock market purchases, buying only big and durable stocks.
Business (machinery) News from Latin America. In mid-summer, two countries captured Latin America’s business attention when they announced major acquisitions. These included Grupo Palau in Brazil and Brazilian lender Credibank getting a stake in Grupo Ferrari, the owner of Fagenheimer and Alco. Both transactions are expected to help these Latin American countries propel their businesses further into the global business scene.
Business (machinery) News from Asia. India was the hottest place for mergers and acquisitions last year. However, this is a difficult business area for an investor to get into, mostly because of the lack of local expertise to help make an impact on the business. As the business markets in Asia continue to become more mature, more business deals will open up. Given the large pool of potential investors available in Asia, this presents a very attractive opportunity for an investor looking to enter a business market that has just begun to mature.