Wed. Sep 30th, 2020

IMF warns that Europe’s economy is weak, as US productivity slides – business live

Rolling coverage of the latest economic and financial news

4.49pm GMT

Growth across the world’s companies has hit its lowest level in nearly four years.

That’s according to October’s PMI surveys, released over the last few days:

Global private sector growth eased further in October, with the headline output index posting at its joint-lowest since February 2016 (50.8 – Oct, 51.1 – Sept). The upturn in new orders slowed as hiring fell and optimism remained subdued. More: https://t.co/3doNtbotCz pic.twitter.com/aIApHMTbpc

4.46pm GMT

Some good news:

Related: Devon’s Appledore shipyard close to reopening

Continue reading…Rolling coverage of the latest economic and financial newsUS productivity in surprise fallHP shares surge on Xerox takeover talkEurozone PMI shows weak economyIntroduction: German factory orders riseSoftbank pays price for WeWork debacle 4.49pm GMTGrowth across the world’s companies has hit its lowest level in nearly four years.That’s according to October’s PMI surveys, released over the last few days: Global private sector growth eased further in October, with the headline output index posting at its joint-lowest since February 2016 (50.8 – Oct, 51.1 – Sept). The upturn in new orders slowed as hiring fell and optimism remained subdued. More: https://t.co/3doNtbotCz pic.twitter.com/aIApHMTbpc 4.46pm GMTSome good news: Related: Devon’s Appledore shipyard close to reopening Continue reading…

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