Friday, July 3, 2015   

German machine tool orders improve
(01-13 17:29)

Rising export demand boosted Germany's key mechanical engineering sector in November, the VDMA industry federation said.
The manufacture of machine tools is an important part of Germany's industrial and export performance.
Overall incoming orders were up by 7 percent in November compared with the level in same month in 2012, VDMA said in a statement. Export orders jumped by 12 percent while domestic orders were down by 1 percent.
However, taking a three-month comparison to iron out short-term fluctuations, overall orders were down by 3 percent in the period from September to November, with foreign orders falling by 7 percent, while domestic orders grew by 5 percent, VDMA calculated.—AFP


   
Other Business breaking news:
US stocks open higher (07-02 21:45)
BBC sheds layers and cuts 1,000 jobs amid funding shortfall (07-02 21:36)
Spain predicts 3.3 percent growth (07-02 21:07)
223,000 join US work force in June (07-02 21:05)
(Greece crisis) Business groups oppose baffling referendum (07-02 21:00)
(Greece crisis) Harried pensioners try to get by (07-02 20:46)
(Greece crisis) Turbulent days ahead in the battle to tick the right boxes (07-02 20:40)
(Greece crisis) Varoufakis promises to quit if voters accept debt deal (07-02 17:54)
(Greece crisis) Spillover effects pose risk to global bond markets (07-02 17:22)
Analyst predicts further falls on day China stocks swing to another loss in volatile trade (07-02 17:07)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.