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Mar 24, 2015

Euro zone and U.S. manufacturing expand, China struggles

LONDON/NEW YORK, March 24 (Reuters) – Euro zone businesses
ramped up activity in March as the European Central Bank started
printing money to spur economic growth, while a slowdown among
Chinese factories fueled expectations of more monetary stimulus.

U.S. manufacturing growth also edged up despite a stronger
U.S. dollar and the threat of an interest rate rise from the
Federal Reserve later this year.

Mar 24, 2015

Euro zone economy leading the way as China struggles

LONDON (Reuters) – Euro zone businesses ramped up activity this month, just as the European Central Bank starts printing money to spur growth and inflation, while a slowdown among Chinese factories has fueled calls for more stimulus there.

A disappointing Chinese survey of manufacturing added to signs the world’s second biggest economy has lost momentum despite two interest rate cuts since November, alongside other policy easing measures.

Mar 24, 2015

Euro zone business growth accelerates as ECB quantitative easing kicks in – PMI

LONDON (Reuters) – Business activity in the euro zone has accelerated much faster than thought this month, in a sign the European Central Bank’s bond buying programme may already be paying dividends, a survey showed on Tuesday.

Any indication of a pickup will cheer ECB policymakers, but the surveys also showed firms are still cutting prices to drum up business.

Mar 19, 2015

London’s police make crime pay with grim exhibition

LONDON (Reuters) – Visitors to Britain’s capital with a penchant for the macabre will have something new to investigate when the Metropolitan Police displays objects from some of its most notorious crimes at the Museum of London.

Items on show include gloves used by serial killer John George Haigh, dubbed the “acid bath murderer” for dissolving his victims’ bodies in sulphuric acid, as well as masks worn by the Stratton brothers.

Mar 12, 2015

First BoE rate hike forecast pushed back to 2016: Reuters poll

LONDON (Reuters) – The Bank of England probably won’t raise rates until early next year, according to economists polled by Reuters, who have once again pushed ahead the timing for the first rate increase.

The poll also showed that political uncertainty following May’s national election poses only a small risk to an otherwise decent growth outlook.

Mar 4, 2015

Euro zone business growth at seven-month high in February: PMI

By Jonathan Cable

LONDON(Reuters) – Price cutting and a weaker currency helped euro zone business activity accelerate in February, according to surveys published just before the European Central Bank embarks on a trillion-euro stimulus program.

Survey compiler Markit said the surveys pointed to first quarter GDP growth of 0.3 percent, the same as at the tail-end of 2014, as business activity expanded in all of the bloc’s four biggest economies for the first time since last April.

Mar 4, 2015

Business activity lifted in February as central banks loosen up

LONDON (Reuters) – Global business activity picked up last month just as many central banks around the world loosen monetary policy further to try and drive up stubbornly low inflation and revive moribund economies.

Growth in China’s service industry accelerated and India’s expanded at an eight-month high while firms across the euro zone ramped up operations at the fastest rate in seven months, according to surveys published on Wednesday.

Mar 4, 2015

Global economy – Business activity lifted in Feb as central banks loosen up

LONDON (Reuters) – Global business activity picked up last month just as many central banks around the world loosen monetary policy further to try and drive up stubbornly low inflation and revive moribund economies.

Growth in China’s service industry accelerated and India’s expanded at an eight-month high while firms across the euro zone ramped up operations at the fastest rate in seven months, according to surveys published on Wednesday.

Feb 4, 2015

Price-cutting European firms enjoy buoyant January

LONDON (Reuters) – January was euro zone firms’ best month since mid-2014 but they also cut prices at the fastest rate in nearly five years, a survey found, lending support to the European Central Bank’s decision to scale up its stimulus program.

In Britain, outside the currency union and where markets are instead focusing on when monetary policy will be tightened, a sister survey showed activity in the dominant service industry expanded faster than anyone polled by Reuters had expected.

Feb 2, 2015

Deflation alarms ring as EU, Chinese factories struggle; US steady

LONDON/SYDNEY (Reuters) – European and Chinese factories slashed prices in January as production flatlined, heightening global deflation risks that point to another wave of central bank stimulus in the coming year.

While the pulse of activity was livelier in other parts of Asia – Japan, India and South Korea – they too shared a common condition of slowing inflation.