Business

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Steady PMIs, sluggish China puts brakes on European shares 4:39am EDT

LONDON (Reuters) - European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index (PMI) numbers.  Full Article

 
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Chinese factories stalling as euro zone business picks up 6:06am EDT 

LONDON/BEIJING (Reuters) - Chinese factory activity shrank for the fourth straight month in April but private businesses across the euro zone enjoyed their best month in nearly three years, surveys showed on Wednesday.  Full Article  

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Euro zone private sector on strong footing but still slashing prices: PMIs 4:08am EDT 

LONDON (Reuters) - The euro zone's private sector has started the second quarter on its strongest footing in nearly three years, but burgeoning new orders were again mainly buoyed by firms cutting prices, surveys showed on Wednesday.  Full Article