Sunday, November 23, 2014   

Better business activity in Europe: survey
(04-23 18:24)

Business activity in Europe has risen to its highest level in three years as a once-shaky economic recovery gains speed.
The Markit survey of purchasing managers, a closely watched gauge of business activity, climbed to 54.0 in April from 53.1 in March. That's the highest reading since May, 2011. Anything over 50 indicates expansion.
Analysts said Wednesday's figures, which cover both services and manufacturing companies, showed that the moderate recovery was showing increasing strength in the 18 countries that share the euro.
Alarmingly low inflation of only 0.5 percent and high unemployment have raised fears the rebound was too weak to sustain itself and would require more stimulus from the European Central Bank.
The eurozone grew by a quarterly rate of 0.2 percent in the fourth quarter of last year. --AP   
Other Business breaking news:
PBOC to inject liquidity if necessary (11-21 19:03)
China cuts interest rates (11-21 18:41)
Indexes track Connect (11-21 17:35)
ECB chief says will ramp up asset purchases 'without delay' (11-21 17:09)
European stocks rise at open (11-21 16:23)
Hang Seng ends higher (11-21 16:22)
Nikkei closes higher (11-21 15:03)
Nikkei down by break (11-21 11:03)
Taiwan export orders hit record high on iPhone 6 demand (11-20 19:08)
Japan exports up 9.6 percent in October (11-20 18:41)

More breaking news >>

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