David Noble News
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U.K. construction shrank less than economists forecast in April as homebuilding strengthened, Markit Economics said.
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U.K. construction contracted for a fifth consecutive month in March as the industry suffered from bad weather and poor demand, Markit Economics said.
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Puma SE, Europe’s second-biggest sporting-goods maker, surged to a seven-month high in Frankfurt trading amid speculation PPR SA plans to increase its stake in the company.
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U.K. services unexpectedly accelerated last month as demand strengthened, indicating the economy may stave off a recession this quarter.
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U.K. construction shrank the most in more than three years in February as commercial and civil engineering work declined, Markit Economics said.
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A U.K. manufacturing index unexpectedly increased in September from a 26-month low as producers attempted to clear backlogs of orders.
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U.K. manufacturing expanded for a second month in January as orders rose and output surged the most since September 2011.
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A U.K. manufacturing index fell to a 28-month low in October as new orders decreased, adding to concerns the economy returned to stagnation in the fourth quarter.
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A U.K. index of services growth unexpectedly rose in September as the economy showed signs of resilience before Prime Minister David Cameron implements the deepest spending cuts since World War II.
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Ten public-interest groups asked the U.S. Federal Trade Commission to investigate Facebook Inc.’s tracking of Internet users after they log off the world’s most popular social-networking service.
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