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Tag: decline

Manufacturing in worst decline for six years as economy fears deepen

Manufacturing in worst decline for six years as economy fears deepen

Business
By John-Paul Ford Rojas, business reporter Britain's manufacturing sector suffered its worst month since 2013 in June as it endured a hangover from Brexit stockpiling earlier in the year, according to new figures.The downturn - also blamed on reduced exports amid a global slowdown - prompted factory employers to cut jobs for the third month in a row and added to fears over the wider economy. It comes after the Bank of England recently cut its UK growth forecast for the second quarter to zero, as no-deal Brexit fears and the US-China trade war weigh on demand.Other forecasters think UK GDP is likely to have shrunk in the April-June period.The latest reading of 48.0 from the closely-watched IHS Markit/CIPS manufacturing purchasing managers' index (PMI) ...
Squeezing blood vessels may lead to Alzheimer’s cognitive decline

Squeezing blood vessels may lead to Alzheimer’s cognitive decline

Health
June 20 (UPI) -- Researchers may be closer to discovering a cause of cognitive decline brought on by Alzheimer's disease, a new study says. The constriction of cells surrounding blood vessels may cause decreased blood flow to the brain, which has already been linked to Alzheimer's disease, according to research published Thursday in the journal Science. "Since reduced blood flow is the first clinically detectable sign of Alzheimer's, our research generates new leads for possible treatments in the early phase of the disease," Ross Nortley, a researcher at University College London and study lead author, said in a news release. The researchers analyzed capillaries in human brain tissue affected by Alzheimer's and in mice engineered to grow a pathology for the disease. They applied a protei...
Sacramento Kings’ Harrison Barnes to decline option, enter free agency

Sacramento Kings’ Harrison Barnes to decline option, enter free agency

Sports
June 18 (UPI) -- Sacramento Kings forward Harrison Barnes is expected to decline his $ 25.1 million player option and become an unrestricted free agent, his agent, Jeff Schwartz, told ESPN on Tuesday. Barnes, 27, will enter free agency in the hopes of landing a long-term contract, according to his agent. The Kings are open to working out a long-term deal with Barnes, according to ESPN. While in the middle of a game against the Charlotte Hornets in February, the Dallas Mavericks traded Barnes to the Kings. The forward was exchanged for Zach Randolph and Justin Jackson. Before the trade, Barnes played two-plus seasons with Dallas (2016-19) after signing a $ 94 million deal following his departure from the Golden State Warriors. The veteran forward averaged 16.4 points per game between the ...
Apple sees iPhone sales recovery ahead despite worst decline

Apple sees iPhone sales recovery ahead despite worst decline

Business
By James Sillars, business reporter Apple shares have surged after the iPhone maker raised its forward guidance amid early signs of a recovery in premium handset sales.The tech firm said that while iPhone sales declined at their sharpest rate in the second quarter of its financial year - by 17% on a year earlier - a resurgence of sales in China towards the end of the period gave it more confidence. It reported iPhone revenue of $ 31bn between January and March - a figure that was still above Wall St estimates while its main area of growth, from services such as Apple Music and the App Store, hit $ 11.45bn - a rise of 16%.Total revenue came in at $ 58bn, a decline of 5%, reflecting the weaker iPhone sales. Image: App...
Bees: Many British pollinating insects in decline, study shows

Bees: Many British pollinating insects in decline, study shows

Science
A third of British wild bees and hoverflies are in decline, according to a new study.If current trends continue, some species will be lost from Britain altogether, the scientists say.The study found "winners" and "losers" among hundreds of wild bees and hoverflies, which pollinate food crops and other plants.Common species are winning out at the expense of rarer ones, with an overall picture of biodiversity being lost.Scientists warn that the loss of nature could create problems in years to come, including the ability to grow food crops. World's biggest bee found alive Five key things about the extinction crisis ...