European stocks look set to open a tad higher on Tuesday amid renewed optimism over the economic recovery and vaccine rollouts. Covid-19 vaccines developed by Pfizer Inc with BioNTech SE and Moderna Inc were highly effective at 90 percent after two doses in a study of real-life conditions, the U.S. Centers for Disease Control and Prevention reported Monday.Asian markets remain broadly higher despi...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.