LONDON, Oct 3 Reuters British services firms lost some momentum but continued to grow in September and the prices they charged rose at the slowest pace in almost four years, according to a survey likely to be welcomed by the Bank of England. The SP Global UK Services Purchasing Managers Index published on Thursday dropped […]

TORONTO, Oct 3 Reuters The downturn in Canada39;s services economy deepened in September as firms shed jobs and new business dropped to a near fouryear low, SP Global Canada services PMI data showed on Thursday. The headline business activity index fell to 46.4 from 47.8 in August, posting the lowest level since March. A reading […]

Weekly jobless claims increase 6,000 to 225,000 Continuing claims fall 1,000 to 1.826 million Impact of strikes, Helene may distort labor market WASHINGTON, Oct 3 Reuters The number of Americans filing new applications for unemployment benefits rose marginally last week, but the devastation unleashed by Hurricane Helene in the U.S. Southeast and strikes at Boeing […]

ISM nonmanufacturing PMI rose to 54.9 in September from 51.5 in August New orders index surged to 59.4, highest since February 2023 Services employment index dropped to 48.1 WASHINGTON, Oct 3 Reuters U.S. services sector activity jumped to a 112year high in September amid strong growth in new orders, more evidence that the economy remained […]

LONDON, Oct 3 Reuters Euro zone business activity slipped back into contraction last month although the downturn was not as steep as initially thought, according to a survey that also showed inflationary pressures had eased. HCOB39;s composite Purchasing Managers39; Index for the bloc, compiled by SP Global and seen as a good gauge of overall […]

Stimulus measures lower issuance costs, boost investor appetite Last week was busiest week for China offshore debt offerings in 2024 Beijing39;s stimulus seen encouraging companies to expand SYDNEY, Oct 3 Reuters Chinese investmentgrade companies are lining up 10 billion to 15 billion in offshore bond offerings this quarter, as Beijing39;s economic stimulus measures cut fundraising […]