Procurement http://www.globalpost.com/taxonomy/term/27656/all en Euro zone private sector on strong footing but still slashing prices: PMIs http://www.globalpost.com/dispatch/news/thomson-reuters/140423/euro-zone-private-sector-strong-footing-still-slashing-prices-p <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jonathan Cable</p> <p>LONDON (Reuters) - The euro zone's private sector has started the second quarter on its strongest footing in nearly three years, but burgeoning new orders were again mainly buoyed by firms cutting prices, surveys showed on Wednesday.</p> <p>The bloc's services industry performed better than any of the 36 economists polled by Reuters had expected, and manufacturers also had a stronger month than the median forecast had suggested.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140423/euro-zone-private-sector-strong-footing-still-slashing-prices-p" target="_blank">read more</a></p> Economics Procurement Recessions Thomson Reuters Wed, 23 Apr 2014 13:14:33 +0000 Thomson Reuters 6128410 at http://www.globalpost.com Chinese factories stalling as euro zone business picks up http://www.globalpost.com/dispatch/news/thomson-reuters/140423/chinese-factories-stalling-euro-zone-business-picks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jonathan Cable and Kevin Yao</p> <p>LONDON/BEIJING (Reuters) - Chinese factory activity shrank for the fourth straight month in April but private businesses across the euro zone enjoyed their best month in nearly three years, surveys showed on Wednesday.</p> <p>Within the euro zone, Germany - Europe's largest economy - saw activity accelerate whereas in France, the bloc's second biggest, momentum waned.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140423/chinese-factories-stalling-euro-zone-business-picks" target="_blank">read more</a></p> Economics Economy of the European Union Procurement Thomson Reuters Wed, 23 Apr 2014 12:54:10 +0000 Thomson Reuters 6128365 at http://www.globalpost.com Failed public works tenders rising amid labor shortages in Japan http://www.globalpost.com/dispatch/news/kyodo-news-international/140409/failed-public-works-tenders-rising-amid-labor-shortage <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Kyodo News International </div> </div> </div> <!--paging_filter--><p> A Kyodo News survey has found that the proportion of failed public works tenders in Japan more than doubled last year due to labor shortages in the construction sector.</p> <p> The survey showed that failed public works tenders accounted for 7.8 percent of the total sponsored by prefectural governments between April and December, compared with the usual level of 2 to 3 percent.</p> <p> Failed tenders occur when there is an absence of bidders, all bid prices exceed preset limits or all bids fall below preset minimum levels.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p>Copyright 2014 Kyodo News International.</p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/kyodo-news-international/140409/failed-public-works-tenders-rising-amid-labor-shortage" target="_blank">read more</a></p> Procurement Kyodo News International Wed, 09 Apr 2014 13:08:59 +0000 Kyodo News International 6117082 at http://www.globalpost.com Oil prices down in Asian trade http://www.globalpost.com/dispatch/news/afp/140402/oil-prices-down-asian-trade <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Oil prices turned lower in Asian trade Wednesday as investors stood on the sidelines with few fresh leads, but retained support following upbeat global economic data released a day earlier, analysts said.</p> <p>New York's West Texas Intermediate (WTI) for May delivery eased 35 cents to $99.39 a barrel in afternoon trade and Brent North Sea crude for May was down 11 cents at $105.51.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140402/oil-prices-down-asian-trade" target="_blank">read more</a></p> Business Procurement Purchasing Managers Index AFP Wed, 02 Apr 2014 09:50:56 +0000 Agence France-Presse 6111311 at http://www.globalpost.com Asian shares climb on strong manufacturing reports http://www.globalpost.com/dispatch/news/afp/140402/asian-shares-climb-strong-manufacturing-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Asian markets enjoyed a healthy rally on Wednesday following positive manufacturing data from the United States and Europe, while Tokyo was also boosted as the dollar pushed towards the 104-yen level.</p> <p>Traders were given a strong lead from New York, where the S&amp;P 500 closed at another record high, while attention turns to the release later in the week of a closely watched US jobs report.</p> <p>Tokyo climbed 1.48 percent by the break, Hong Kong added 0.15 percent, Sydney was up 0.12 percent, Shanghai was 0.42 percent higher and Seoul put on 0.24 percent.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140402/asian-shares-climb-strong-manufacturing-reports" target="_blank">read more</a></p> Currency Procurement Purchasing Managers Index AFP Wed, 02 Apr 2014 04:47:33 +0000 Agence France-Presse 6111231 at http://www.globalpost.com Asia's manufacturing powers stutter, stir talk of policy support http://www.globalpost.com/dispatch/news/thomson-reuters/140401/asias-manufacturing-powers-stutter-stir-talk-policy-support <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Adam Rose and Leika Kihara</p> <p>BEIJING/TOKYO (Reuters) - Asia's major economies finished the first quarter on a weak note with manufacturing surveys in China and Japan fueling expectations that policymakers will be forced to act in coming months to prop up faltering growth.</p> <p>In China, the final Markit/HSBC Purchasing Managers' Index (PMI) gauge of factory activity, fell to an eight-month low of 48.0 in March. It has remained below the 50 level, which indicates contraction, since January.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140401/asias-manufacturing-powers-stutter-stir-talk-policy-support" target="_blank">read more</a></p> Business Investment Procurement Thomson Reuters Tue, 01 Apr 2014 15:55:13 +0000 Thomson Reuters 6110735 at http://www.globalpost.com Growth in German manufacturing sector slows in March: PMI http://www.globalpost.com/dispatch/news/thomson-reuters/140401/growth-german-manufacturing-sector-slows-march-pmi <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>BERLIN (Reuters) - Growth in Germany's manufacturing sector slowed in March, a survey showed on Tuesday, as output, new orders and export orders in Europe's largest economy all rose at weaker rates than a month earlier.</p> <p>Markit's Purchasing Managers' Index (PMI) for the German manufacturing sector, which accounts for about a fifth of the economy, fell to 53.7 in March from 54.8 in February, down one tick from a flash reading of 53.8.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140401/growth-german-manufacturing-sector-slows-march-pmi" target="_blank">read more</a></p> Economic indicators Economics Procurement Thomson Reuters Tue, 01 Apr 2014 17:28:18 +0000 Thomson Reuters 6110824 at http://www.globalpost.com Euro zone factory expansion eases despite price cutting http://www.globalpost.com/dispatch/news/thomson-reuters/140401/euro-zone-factory-expansion-eases-despite-price-cutting <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - Growth among euro zone factories cooled as expected last month but with output again rising across the board the bloc's economic recovery appears more entrenched, a business survey showed on Tuesday.</p> <p>Worryingly for policymakers though, Markit's Purchasing Managers' Index (PMI) also highlighted that firms have returned to cutting prices to drum up business.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140401/euro-zone-factory-expansion-eases-despite-price-cutting" target="_blank">read more</a></p> Economics Procurement Purchasing Managers Index Thomson Reuters Tue, 01 Apr 2014 17:27:39 +0000 Thomson Reuters 6110822 at http://www.globalpost.com RBC: purchasing managers index shows uptick in March, PMI highest since December http://www.globalpost.com/dispatch/news/the-canadian-press/140401/rbc-purchasing-managers-index-shows-uptick-march-pmi-highe-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TORONTO - The RBC Canadian Manufacturing Purchasing Managers Index registered 53.3 in March, the 12th consecutive month that the PMI has indicated expansion.</p> <p>RBC says there was a solid improvement in business conditions, especially with exports, but producers also experienced higher costs due to a weaker Canadian dollar.</p> <p>The March reading is up from 52.9 in the previous month and the highest since December.</p> <p>A reading above 50.0 indicates an expansion in the Canadian manufacturing sector while readings below that level indicate the sector is declining.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> Procurement Purchasing Managers Index The Canadian Press Tue, 01 Apr 2014 14:18:38 +0000 The Canadian Press 6110652 at http://www.globalpost.com Major economies end first-quarter on weaker note http://www.globalpost.com/dispatch/news/thomson-reuters/140401/major-economies-end-first-quarter-weaker-note <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jonathan Cable and Adam Rose</p> <p>LONDON/BEIJING (Reuters) - Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth.</p> <p>Factories across Europe eased back on the throttle in March while China's vast manufacturing industry contracted for the third month, surveys showed, although a similar poll due later on Tuesday from the United States is expected to show a pick-up.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140401/major-economies-end-first-quarter-weaker-note" target="_blank">read more</a></p> Economics Procurement Purchasing Managers Index Thomson Reuters Tue, 01 Apr 2014 13:55:42 +0000 Thomson Reuters 6110607 at http://www.globalpost.com Japan factory output slides, outlook clouded by sales tax hike http://www.globalpost.com/dispatch/news/thomson-reuters/140330/japan-factory-output-slides-outlook-clouded-sales-tax-hike <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Tetsushi Kajimoto and Stanley White</p> <p>TOKYO (Reuters) - Japan's factory output unexpectedly fell in February at the fastest pace in eight months in a possible sign that the benefits from last-minute demand before an impending sales tax hike may have run their course.</p> <p>The data adds to growing concerns of a stumble in the economy, and comes on the heels of a separate survey showing manufacturing activity expanded at a slower pace in March.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140330/japan-factory-output-slides-outlook-clouded-sales-tax-hike" target="_blank">read more</a></p> Business Economy of Japan Procurement Purchasing Managers Index Thomson Reuters Mon, 31 Mar 2014 03:03:25 +0000 Thomson Reuters 6109229 at http://www.globalpost.com Japan March manufacturing PMI slows for second month, snowstorms blamed http://www.globalpost.com/dispatch/news/thomson-reuters/140330/japan-march-manufacturing-pmi-slows-second-month-snowstorms-bla <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>TOKYO (Reuters) - Japanese manufacturing activity expanded at a slower pace in March, a survey showed on Monday, pulling back further from an eight-year high set in January as heavy snow in some areas curbed production.</p> <p>The Markit/JMMA Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 53.9 in March from 55.5 in February.</p> <p>The index remained above the 50 threshold that separates expansion from contraction for a 13th consecutive month but showed that growth slowed for a second straight month.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140330/japan-march-manufacturing-pmi-slows-second-month-snowstorms-bla" target="_blank">read more</a></p> Economics Law Politics Procurement Purchasing Managers Index Thomson Reuters Mon, 31 Mar 2014 03:03:50 +0000 Thomson Reuters 6109235 at http://www.globalpost.com Mining stocks lead TSX lower amid disappointing Chinese, US manufacturing data http://www.globalpost.com/dispatch/news/the-canadian-press/140324/tsx-set-advance-amid-hopes-chinas-will-take-steps-bolster-gr <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TORONTO - Falling mining issues helped push the Toronto stock lower Monday as base metal stocks declined amid data showing continued contraction of China's manufacturing sector and slowing expansion in the United States.</p> <p>The S</p> <p>The Canadian dollar was up 0.12 of a cent to 89.33 cents US.</p> <p>U.S. indexes were also lacklustre as the initial or "flash" Markit purchasing managers index for the United States fell to 55.5 in March from 57.1 in February, but still showed improving conditions for manufacturers. Readings over 50 in the purchasing managers index indicate growth.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/140324/tsx-set-advance-amid-hopes-chinas-will-take-steps-bolster-gr" target="_blank">read more</a></p> Economy of Russia Procurement Purchasing Managers Index Technology The Canadian Press Mon, 24 Mar 2014 13:19:37 +0000 The Canadian Press 6103286 at http://www.globalpost.com U.S. March factory activity growth slows slightly - Markit http://www.globalpost.com/dispatch/news/thomson-reuters/140324/us-march-factory-activity-growth-slows-slightly-markit <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>NEW YORK (Reuters) - U.S. manufacturing activity slowed in March after nearing a four-year high last month, but the rate of growth and the pace of hiring remained strong, an industry report showed on Monday.</p> <p>Financial data firm Markit said its "flash" or preliminary U.S. Manufacturing Purchasing Managers Index slipped to 55.5 from 57.1 in February. Readings above 50 indicate expansion.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140324/us-march-factory-activity-growth-slows-slightly-markit" target="_blank">read more</a></p> Economic indicators Economics Procurement Thomson Reuters Mon, 24 Mar 2014 14:22:26 +0000 Thomson Reuters 6103339 at http://www.globalpost.com Service sectors strengthen globally, but slow in U.S http://www.globalpost.com/dispatch/news/thomson-reuters/140305/service-sectors-strengthen-globally-slow-us <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Ryan Vlastelica</p> <p>NEW YORK (Reuters) - Service sectors around the globe mostly strengthened last month with Germany leading the way, although harsh winter weather put a damper on the massive U.S. non-manufacturing sector.</p> <p>The news of global services expansion came in contrast to recent reads on manufacturing growth, which indicated a rebound in the U.S. while Europe and Asia eased.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140305/service-sectors-strengthen-globally-slow-us" target="_blank">read more</a></p> Economic indicators Economics Law Procurement Thomson Reuters Wed, 05 Mar 2014 21:36:06 +0000 Thomson Reuters 6087843 at http://www.globalpost.com