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...Output per hour worked, a standard measure of labour productivity, has grown more than 6 per cent in the US non-farm business sector since 2019, according to official data....
...It has previously disclosed that Markus Kamieth will replace chief Martin Brudermüller this month....
...It later transferred its headquarters to China before Martin, who led the company for 25 years, was ousted in 2012....
...But you can pick apart any data release that you want, whether it is non-farm payrolls or inflation or retail sales or something like auto loans and household debt and all that stuff....
...Factories only employ one-tenth of the whole non-farm business sector, so they need outsized productivity growth to move the aggregate needle....
...I’m happy to report that Mr Martin makes a mean martini — I guess the clue is in the name....
...But contrast this with the US where, in the non-farm business sector, output per worker rose about 5 per cent and output per hour worked increased more than 6 per cent in the four years from the eve of the...
S&P Global’s flash eurozone composite purchasing managers’ index rises to 8-month high
...For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X....
...There’s enormous investment in renewable energy, onshore wind farms and so on and offshore as well, and big solar installations in order to bring down energy costs....
...Sooner than being flooded with Chinese EVs, the EU could see itself overtaken as the world’s fastest-decarbonising region by a China flush with EVs on its own roads and solar and wind farms in its own fields...
...The proof was in the earth; by most indicators the farm’s soil had got worse since they began their organic endeavours....
...The Ireland-based company announced on Tuesday it was buying assets from US rival Martin Marietta for $2.1bn, and upgraded its profit forecast for the second time this year....
Fund firms under pressure as investors move into low-cost, high-yielding money market funds
Job cuts and fall in new orders add to fears of looming downturn, but high selling prices point to persistent inflation
...It's made us farm harder, actually. We're producing more off this farm now than we've ever produced. We've sort of got on and adapted....
...Its farm exports, however, face a threat from a new EU law adopted this year banning the import of many farm products from recently deforested land....
...turn dry land into farms....
...Farm offensive Europe’s rightwing political groups are squaring up for a heated fight over rural votes ahead of the EU election in June, writes Alice Hancock....
...Brookfield is already present in the UK’s onshore wind market, having kept hold of some farms in development after selling a handful of operating wind farms in 2021 to Danish company Ørsted....
...It seems the previous Duke of Halstead had struck a deal with a crime family allowing them to build a clandestine cannabis farm under the property’s land....
...Designed by Andreas Martin-Löf, the 40sq m timber-and-glass cabins, with floor-to-ceiling windows on at least two of their four outlooks, appear to float above the land....
...For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X, formerly Twitter....
...Finally, read the FT’s Martin Wolf on the future of “communist capitalism” in China. Things aren’t looking too good....
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