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...But Schnabel said there were signs of “a turnaround” in economic activity in the latest survey of purchasing managers by S&P Global and in Citigroup’s Economic Surprise index....
...Growth in the eurozone’s services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of corporate activity to its highest level for almost a year....
...The rest of the eurozone “saw the best performance . . . despite growth slowing slightly”, S&P said....
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures business activity across the bloc, rose to an eight-month high of 48.9 this month, up from 47.9 in January....
...Companies continued to add jobs for a third consecutive month, albeit at “only a very modest pace”, S&P said....
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures businesses activity across the bloc, rose to a nine-month high of 49.9, up from 49.2 a month earlier....
...Diego Iscaro, economist at S&P Global Market Intelligence, said March’s fall in headline inflation “may raise expectations for a rate cut later this month”....
...Personally, I hold Michael Douglas wearing a chunky bottle green jumper over a bare chest in 1992’s Basic Instinct as the pinnacle of V-neck wearing....
...S&P Global’s flash eurozone composite purchasing managers’ index rose to an eight-month high of 48.9, up from 47.9 a month earlier. Economists polled by Reuters had forecast a smaller rise to 48.5....
...S&P Global’s flash eurozone composite purchasing managers’ index, a measure of business activity across the bloc, rose slightly to 47.9, up from 47.6 a month earlier, after an improvement in manufacturing...
...Eurozone businesses were still struggling with weak demand at the start of this year, according to a survey of purchasing managers released by S&P Global last week, which found activity continued to decline...
...France has not managed to achieve a surplus in its primary budget that excludes interest costs since 2008 and rating agency S&P Global this week forecast that on this measure its deficit would remain one...
...S&P Global’s flash eurozone composite purchasing managers’ index, a measure of activity at businesses across the bloc, rose to a six-month high of 47.9, up from 47.6 a month earlier, after an improvement...
...Slowing growth of electric vehicle sales has caused a series of corporate U-turns. While sharp swerves are never fun, the change in direction is sensible....
...The S&P Global PMI index was revised up last week but that left it unchanged at 47.6, remaining well below the 50-mark that separates contraction from expansion....
...Brioni has also amped up the polo shirt’s texture, weaving polos in a thick ribbed cotton and wool blend, while Zegna’s have a slouchy, oversized fit and dramatic scooped V-necks....
...S&P said its survey of purchasing managers signalled the fastest decline in business activity since the pandemic hit in 2020....
...The flash S&P Global composite purchasing managers’ index, a measure of activity at companies across the bloc, fell to a two-month low of 47, down from 47.6 a month earlier, after contraction of activity...
...Companies are also passing on rising labour costs via their sharpest price increases for many months, according to an S&P Global poll....
...S&P Global’s monthly survey of purchasing managers across the eurozone found an easing in the pace of decline of new orders and output....
...“Overall, output prices increased solidly in November, with the rate of inflation ticking up from October,” S&P said, adding that services companies had raised their prices at a faster rate, while they were...
...at S&P Global Ratings....
...The European Central Bank’s president will announce its latest monetary policy decision in Frankfurt today against a backdrop of worsening relations with many of her own staff, writes Martin Arnold....
...So why, asks Martin Arnold, is the ECB expected to leave interest rates at a record high when its governing council meets today?...
...It’s only barely enough for inclusion into the S&P 500....
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