A handout picture released by the Egyptian Ministry of Antiquities on January 14, 2023, shows a view of archaeologists working on the site of a newly-discovered tomb in Egypt’s southern province of Luxor.-/AFP/Getty Images Archeologists unearthed an ancient tomb in the southern Egyptian city of Luxor, known for its treasures …
Read More »GMB Union joins firefighters and doctors in seeking Judicial Review over pensions
GMB Union has launched a Judicial Review against the Treasury over its use of the cost control mechanism on public sector pension schemes. The announcement comes amid similar moves by the British Medical Association (BMA) and Fire Brigades Union (FBU). GMB claimed that, since 2015, more than four million people …
Read More »Sector movers: Cyclicals find a bid on confidence in Covid-19 vaccine rollouts
Cyclicals were in favour at the start of the week as positive Chinese gross domestic product data helped to offset worries about the new Covid-19 strains. Nonetheless, there appeared to be confidence among analysts and strategists that vaccination rollout programmes now underway would help to bring the pandemic to heel …
Read More »US manufacturing and services sector PMIs jump in July
Activity levels at both US factories and among services sector firms picked up substantially in August, according to the results of two closely-followed surveys. IHS Markit‘s manufacturing sector Purchasing Managers’ Index jumped from July’s reading of 50.9 to 53.6 for August (consensus: 51.5). Services activity also accelerated, with the PMI …
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