UK manufacturing growth slows; Kellogg to split in three; Elon Musk’s US recession warning – as it happened | Business

UK manufacturing growth slows; Kellogg to split in three; Elon Musk’s US recession warning – as it happened | Business

Elon Musk: US recession more likely than not in near term Tesla chief executive Elon Musk has warned that the US economy could soon fall into recession. In an interview with Bloomberg News at the Qatar Economic Forum in Doha this morning, Musk said it appears “more likely than not” that the US economy enters…

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Texas production progress pick out up in September at the same time as call for weakens within the face of recession fears

Texas production progress pick out up in September at the same time as call for weakens within the face of recession fears

Texas producers larger manufacturing and employed robustly closing month, however the outlook is darkening as rates of interest upward thrust, orders shrink and self belief falters, consistent with a brand new survey from the Federal Reserve Financial institution of Dallas.  Extra producers reported expanding manufacturing than lowering it, consistent with the survey. The manufacturing index,…

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