Global shares near record highs before ECB, payrolls double-header
LONDON (Reuters) – World shares were hovering around record highs on Thursday as markets prepared for a European Central Bank and U.S. jobs data double-header.
Euro zone business growth slows as ECB meets
LONDON (Reuters) – Euro zone firms expanded at their slowest rate in six months in June while cutting the prices they charge, surveys showed, signalling business conditions remain tricky as monetary authorities prepare to give a policy update.
Global food prices fall as cereal supply outlook improves: U.N.
ROME (Reuters) – The outlook for world supplies of cereals and vegetable oils improved in June, contributing to the third straight monthly drop in global food prices, the United Nations’ food agency said on Thursday.
Euro zone business growth slows in June as French activity drops: PMI
LONDON, (Reuters) – Euro zone business expanded at the slowest rate in six months in June, a survey showed on Thursday, but new orders poured in at the fastest pace in over three years, suggesting growth will accelerate in the second half of the year.
German private sector expands at slowest pace in eight months in June: PMI
BERLIN, (Reuters) – Germany’s private sector expanded at the slowest rate in eight months in June, a survey showed on Thursday, as manufacturing lost steam, although Europe’s largest economy looked set to post solid growth in the second quarter.
Euro zone inflationary pressures at 25-month high: ECRI
(Reuters) – Inflationary pressures in the euro zone have reached a 25-month high, suggesting the European Central Bank’s loose monetary policy may fend off deflation, an indicator designed to predict cyclical trends showed.
China to try GSK-linked investigator in secret: family friends
SHANGHAI (Reuters) – The trial in China of a British corporate investigator and his American wife and business partner arrested a year ago after they did work for GlaxoSmithKline PLC will be closed to the public, two family friends with knowledge of th…
Rich Asians buy into upwardly mobile Manila’s luxury condominiums
MANILA (Reuters) – (This July 2 story was refiled to correct Ayala Land official’s surname in paragraph 19)
Obama: more reforms needed to wring risk from banks – report
WASHINGTON (Reuters) – President Barack Obama said on Wednesday he wants additional financial reforms to make sure banks are not tempted to make risky bets that can pay off handsomely for a few if they succeed but can cause widely felt disruptions if t…
Exclusive: State fund plans to take Malaysia Airlines private for restructuring – sources
KUALA LUMPUR (Reuters) – Malaysian state investor Khazanah Nasional Bhd [KHAZA.UL] plans to take Malaysian Airline System Bhd (MAS) private as the first step in a major restructuring of the loss-making airline following the disappearance of its Flight …
