Latest Contracts and orders News

China's factory activity contracts in January for the first time in 4 months

Jan. 27, 2025 03:57 AM EST

HONG KONG (AP) — Manufacturing slowed in China in January for the first time in four months as workers began leaving assembly lines to travel to their hometowns for Lunar New Year holidays. The National Bureau of Statistics said its purchasing managers index, based on a survey of...

China's exports in December up 10.7%, beating estimates as higher US tariffs loom

Jan. 13, 2025 04:46 AM EST

HONG KONG (AP) — China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office. Exports rose 10.7% from a year earlier, according to...

China's manufacturing activity slows in December as trade risks grow

Dec. 31, 2024 01:32 AM EST

HONG KONG (AP) — China's factory activity expanded at a slower pace in December, official data showed on Tuesday, despite recent stimulus measures and in the face of increasing trade risks. The Purchasing Managers’ Index, based on a survey of factory managers, slipped to 50.1 in...

Grubhub to pay $25M in deceptive practices settlement with Illinois attorney general and the FTC

Dec. 17, 2024 19:42 PM EST

SPRINGFIELD, Ill. (AP) — Grubhub Inc., an online food ordering and delivery platform, will pay $25 million to settle a dispute over alleged deceptive business practices with the Illinois attorney general and the Federal Trade Commission, officials said Tuesday. Attorney General...