• Euro zone businesses end second quarter with slower growth: PMI


    Roaring euro zone business growth tailed off unexpectedly toward the end of the first half of 2017 following a sudden slowing in the pace of expansion by services firms. IHS Markit's Flash Composite Purchasing Managers' Index for June fell to 55.7 from the 56.8 it registered in April and May, which was its highest since April 2011. REUTERS

  • Italy's northeast 2016 GDP growth 1.2%, above national avg


    Italy's gross domestic product in the northeastern part of the country rose 1.2% in 2016, above the 0.9% average growth rate for the country as a whole, preliminary figures from statistics agency Istat showed. At 0.9%, growth in Italy's south was in line with the national average while growth in central and northwestern Italian regions were below average, at 0.7% and 0.8%, respectively. RADIOCOR

  • Global growth risks easing, but new ones emerging: ECB


    Risks to global growth appeared to have diminished, with markets so far taking policy tightening from the U.S. Federal Reserve in their stride, the European Central Bank said. But the outlook remains tilted toward the downside due to new factors, notably signals from the United States suggesting a shift toward protectionism. REUTERS

  • Japan economic growth to decelerate in fiscal 2019


    Japanese domestic demand will be on an uptrend through fiscal 2018 while it will slowdown in fiscal 2019 leading the economy to continue to expand but at a slower rate, according to the minutes of the April 26-27 monetary policy meeting released by the Bank of Japan. RADIOCOR

  • EU's Barnier, UK's Davis begin Brexit talks


    Talks for the UK's "orderly withdrawal" from the European Union began this morning between EU chief Brexit negotiator Micchel Barnier and UK Brexit secreatry David Davis, in an initial meeting in Brussels aimed at laying out discussion priorities. RADIOCOR

  • Macron wins strong parliamentary majority, estimates show


    President Emmanuel Macron won a commanding majority in France's parliamentary election on Sunday, sweeping aside traditional parties and securing a powerful mandate for pro-business reforms. Three pollsters projected that Macron's Republic on the Move (LREM) and its Modem allies would win 355 to 365 seats in the 577-seat lower house, fewer than previously forecast. REUTERS

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