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Eurozone business activity inches towards growth in February, survey shows

The euro zone services PMI jumped to 50.0 from January’s 48.4, far exceeding the poll expectation for 48.8

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After Japan And UK, This Country Europe's Largest Economy Likely To Fall Into Recession

Germany’s central bank in its monthly report, stated that after a 0.3 per cent contraction in the final quarter of 2023, output is “likely to decline slightly” from January to March. This would mark the second consecutive decline in economic output, Economy News, Times Now

Ukraine , Russia , United-kingdom , Germany , Japan , German , European-central-bank , News-agency , Germany-central-bank-forecastthe-bundesbank , Japan-and-united-kingdom , Country-europe

Japan slips into recession, loses spot of 3rd largest economy

Japan surprisingly slipped into a recession at the end of last year to pass its title of the world's third-largest economy to Germany and raise...

Japan , China , United-states , Germany , Japanese , Yoshiki-shinke , Stephan-angrick , Marcel-thieliant , Naomi-muguruma , Yoshitaka-shindo , Dai-ichi-life-research-institute , Mitsubishi-ufj

Canadian services PMI rose in January but sector remains in contraction

The headline business activity index rose to 45.8 in January from 44.6 in December

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Apparel industry sees significant performance contraction in 2023 - Breaking News

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Apparel industry sees significant performance contraction in 2023 - Business Main

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World Business Report

a recession is usually defined as two quarters of negative growth. we know the uk economy got smaller between july and september, and also shrank in october. we�*ll get gdp figures for november in the next couple of hours, so what are we expecting? let�*s discuss this further. melanie baker is senior economist at royal london asset management. what do you think we could see? what do you think we could see? what you think we see, melanie? my what you think we see, melanie? my forecast is actually fairly low with consensus this time around. we probably will see a little bit of a bank in the size of the uk economy in november. properly something around 0.2 increase on the month, as you said last month we had a 0.3% contraction on the month. that is partly because what we saw in october was ahead to economy from poor weather and also a little bit

Economy , Uk , Recession , Growth , Gdp , Quarters , September , July , Two , Economist , Melanie-baker , Royal-london-asset-management

Asia Business Report

around the cape of good hope in africa. houthi militants, based in yemen and backed by iran, have repeatedly attacked vessels in the red sea recently in response to the war in gaza. it has raised concerns about the disruptions to global trade through the waterway. by some estimates, about 12% of global trade and 3 million barrels of crude oil traverse the red sea every day. let's stay with news in china, because official figures show manufacturing has slowed for the third straight month in december. the data, which measures business sentiment, came in at 49 and a reading below 50 indicates a contraction. however, a private sector survey done by caixin suggests that factory activity had in fact expanded last month. to understand why these statistics are so different, we're speaking to louise loo from consultancy 0xford economics.

Vessels , Concerns , Response , Trade , War , Waterway , Yemen , Disruptions , Red-sea , Houthi-militants , Cape-of-good-hope , Africa

BEIJING (Reuters) -- China's manufacturing activity shrank for a third straight month in December and weakened more than

Beijing , China , Reuters , Factory , Contraction , Deepens , More , Stimulus , Cards ,

Chicago PMI returns to contraction in December

The Chicago purchasing managers' index fell to 46.9 in December, according to the Institute for Supply Management, well below market expectations for a reading of 51.

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