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Morale particularly low in construction sector, with residential permits falling more than 25% year on year
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...Vivek Ramaswamy, one of the candidates, called Fink “the king of the woke industrial complex [and] the ESG movement”....
...The latest data capped a record heat season for December, January and February globally, affecting everywhere from northern Siberia and central and north-west America to parts of South America, Africa and...
...In Brussels, fears of a wave of Chinese-made cars have led the European commission to probe Beijing’s industrial support as well as boost its own local subsidies....
...Engineering and construction businesses often involve bidding and contracting for projects at a set price. Bid too high and lose the contract....
...Hurricane season had been quieter than usual, it added, while there were fewer wildfires in the second quarter than normal....
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...By contrast, reducing gas consumption has delivered an industrial shock to Europe....
...However, there will be plenty to keep the FT’s corporate and economic correspondents busy too as the earnings season peaks, the European Central Bank’s rate-setters meet in Athens (on their annual EU getaway...
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