LONDON/BEIJING (Reuters) - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and U.S. retailers slashed prices to lure shoppers as recession took a grip.
Underscoring the...
2008-12-01 23:00:03 -
economists' expectations of 38.4, according to a survey by Thomson Reuters. A figure below 50 indicates the sector is contracting.
The November reading is the lowest since May 1982, the Tempe, Arizona-based ISM...
Shares in London suffered another torrid day as leading companies announced more than 2,000 job cuts and figures showed that the country's manufacturing output and orders had fallen to a record low.
The FTSE 100 shed 5.2% of its value to close down...
