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Manufacturing sector marks a year-and-a-half in contraction – survey
Navigation for News Categories The BNZ-Business New Zealand Performance of Manufacturing Index (PMI) rose 1.4 points in August to 45.8 points. Photo: 123RF Manufacturing sector activity has improved slightly, but remains deeply in contraction. The BNZ-Business New Zealand Performance of Manufacturing Index (PMI) rose 1.4 points in August to 45.8 points, its 18th consecutive month
Australian Dollar struggles to gain on RBA’s hawkish posture
AUD/USD falls and struggles to gain ground against the USD. US Nonfarm Payrolls disappoint with 142K new jobs added, below the 160K estimate. RBA’s hawkish stance suggests no imminent rate cuts, which might support the AUD. The AUD/USD declined by 0.85% in Friday’s session, now hovering near the 0.6700 level following the release of the
Galliford Try wins £100m revamp of immigration removal centre
Haslar IRC. Credit: Google Maps Galliford Try has been picked for a £101.5m revamp of Haslar Immigration Removal Centre (IRC), near Portsmouth. The centre was originally built as a prison but was later used to hold immigrants accused of being in the UK illegally or pending their deportation, until it closed in 2015. Haslar IRC