PARIS (Reuters) – Activity in France’s dominant services sector remained subdued last month, a survey showed on Wednesday, as inflation continued to weigh on demand, adding to fears the euro zone’s second-biggest economy could be headed towards a recession. “Overall, the latest survey data round off the worst quarterly performance in the sector since early …
French service sector activity subdued in Dec -final PMI Read More »
ROME (Reuters) – Italy’s services sector registered broadly stable activity in December, a survey showed on Wednesday, holding up better than expected as new business grew for the first time since June. S&P Global’s Purchasing Managers’ Index (PMI) for Italian services climbed to 49.9 in December from 49.5 the month before, remaining just marginally below …
Italy’s services sector broadly stable in December- PMI Read More »
(Reuters) – European shares extended gains on Wednesday as a lower inflation reading from France boosted sentiment, while investors awaited euro zone business activity data and minutes from the U.S. Federal Reserve’s last meeting. The pan-European STOXX 600 rose 0.5% by 0808 GMT, while France’s CAC 40 added 0.8%. Preliminary data showed inflation in France …
European shares gain for third day as France inflation slows Read More »
MADRID (Reuters) – Activity in the Spanish services sector expanded for the second consecutive month in December, supported by a marginally better demand environment amid slowing inflation, a survey showed on Wednesday. S&P Global’s Purchasing Managers’ Index (PMI) for Spain’s services sector, which accounts for around half of Spanish economic output, rose to 51.6 last …
Spanish services activity expands again in December Read More »
DUBLIN (Reuters) – Ryanair flew 11.5 million passengers in December, up 3% on its previous pre-COVID high for the Christmas travel period, Europe’s largest airline by passenger numbers said on Wednesday. Ryanair expects to fly 166.5 million passengers in the year to the end of March, far ahead of its previous record of 149 million. …
Ryanair December traffic up 3% on pre-pandemic levels Read More »
By Aby Jose Koilparambil (Reuters) -Cineworld will focus on a sale of the group as a whole rather than individual assets, the British cinema operator said on Tuesday, sending the troubled company’s shares sharply lower. The world’s second-largest cinema group filed for U.S. bankruptcy protection in September to try to restructure its debt and strengthen …
Cineworld shares slide as it locks focus on group sale Read More »
By Shashwat Chauhan and Johann M Cherian (Reuters) -Britain’s exporter-heavy FTSE 100 jumped more than 1% in its first day of trading in 2023, as energy, banking and healthcare stocks supported the index. The blue chip FTSE 100 ended up 1.4%, touching a near seven-month high during the session, while the more domestically-focussed FTSE 250 …
FTSE 100 ends first trading day of 2023 on upbeat note Read More »
PARIS (Reuters) – French Prime Minister Elisabeth Borne said on Tuesday that she was more confident over the situation of French energy supplies for the next few weeks, citing lower consumption and an increase in nuclear output capacity. Borne also told Franceinfo radio that while inflation was expected to retreat after peaking in early 2023, …
French PM: more confident about France’s energy supplies for the coming weeks Read More »
(Reuters) – Home REIT Plc’s shares were temporarily suspended from trading starting Jan. 3, as it missed a deadline to publish its annual financial report due to an ongoing audit after a short-seller report on the British company’s finances. The housing provider for the homeless had delayed issuing its results, which were due on Nov. …
Trading in shares of UK’s Home REIT temporarily suspended Read More »
BERLIN (Reuters) – German unemployment fell in December, Labour Office figures showed on Tuesday, with the labour market overall being only moderately affected by the war in Ukraine last year. The Federal Labour Office said the number of people out of work decreased by 13,000 in seasonally adjusted terms to 2.52 million. Analysts polled by …
