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Germany's business confidence slumped for the fourth straight month in September, falling to levels not seen since the start of the year, yet the country's major stock index seems blissfully ...
The PMI readings are derived from a survey of purchasing managers, offering insights into current business conditions and thus reflecting the overall economic outlook. West Texas Intermediate (WTI ...
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LONDON, Sept 23 (Reuters) - Euro zone business activity contracted sharply and unexpectedly this month as the bloc's dominant services industry flatlined while a downturn in manufacturing ...
The Composite PMI Index for the broader eurozone fell from 51.2 to 48.9, missing economists' expectations of 50.6. After an Olympics-driven boost to business activity in August, output in the ...
Speaking to Euronews Business she said: "A quick recovery for the coffee sector is unlikely, even with potential improvements in supply. "The ongoing effects of climate change make a swift ...
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"We do not confirm this figure," a Volkswagen spokeswoman was quoted as saying, following reports of the proposed job cuts in German business magazine Manager Magazin. "One thing is clear," she said.
Mirroring Wall Street’s trend, the European technology sector experienced strong gains in response to the Fed’s rate cut, leading to a likely positive weekly close for major stocks.