Euro area manufacturing PMI confirmed at 48.8 in January

ANKARA, Feb 1 (AA/APP): The euro area manufacturing purchasing managers’ index (PMI) was confirmed at 48.8 in January, indicating the weakest pace of contraction since August, final data from S&P Global showed on Wednesday. The figure was up 47.8 in December 2022, but was still […]

Electric car sales gain pace despite hurdles

Paris, Feb 1 (AFP/APP): The electrification of the car industry is gathering pace, particularly in Europe, where the sale of new cars running on petrol and diesel will end in 2035. But challenges remain around their production, affordability and whether enough infrastructures can be put […]