LONDON—Manufacturing activity in the euro zone remained resilient at the end of 2021 as factories took advantage of an easing in supply chain bottlenecks and stocked up on raw materials at a record pace, a survey showed. The global coronavirus pandemic had left factories struggling to get the materials they need and sent costs soaring,…
Euro Zone Factory Growth Stayed Strong in December as Supply Issues Eased: PMI
US Auto Sales to Fall in December Due to Supply Constraints: Data
U.S. auto retail sales are expected to fall in December, as supply shortages and high demand have caused prices to skyrocket, consultants J.D. Power and LMC Automotive said in a report released on Thursday. Retail sales of new vehicles could fall 17.7 percent to 2,923,600 units from a year earlier, the report said. “Intense demand…
ECB Must Keep Options Open Beyond December Amid Uncertainty: Accounts
November 25, 2021
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FRANKFURT—The European Central Bank must keep its policy options open beyond a crucial meeting in December as uncertainty over the likely evolution of inflation is exceptionally high, policymakers concluded in October, according to the accounts of the meeting. High inflation is still largely seen as temporary but the current “hump” in prices will be more…
BoE’s Pill Sees Growing Case for December Rate Rise, but No Guarantee
November 19, 2021
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BRISTOL, England—Bank of England chief economist Huw Pill said the weight of evidence was shifting towards a rise in interest rates next month but that he had not made a decision, and markets would do better to focus on the longer term. Speaking to reporters at an economics conference in Bristol, Pill also cautioned against…
New Round of Winds Fuel Fury of Northern California Wildfire
August 22, 2021
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PLACERVILLE, Calif.—Crews were digging in and burning out fire lines amid another round of high winds that contributed to the fury to a Northern California wildfire. “We have a firefight ahead of us and the wind today is going to make it very challenging,” said Keith Wade, a spokesman with the California Department of Forestry…
Wuhan Lab Researcher’s Wife Died of COVID-Like Illness in December 2019, Former Lead US Investigator Says
May 29, 2021
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The wife of a Wuhan lab researcher working on coronaviruses died of what appeared to be COVID-19 in December 2019, the leader of a State Department investigation under the Trump administration told the Daily Caller News Foundation. It would have been an early clue that the virus could be transmitted among humans, yet Chinese authorities…
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