Eurozone private sector ended the third quarter with another contraction as weak demand weighed on output across the manufacturing and services sectors, final results of the purchasing managers' survey from S&P Global showed on Wednesday. The HCOB final composite output index advanced to 47.2 in September from 46.7 in the previous month. Moreover, the score was slightly above the flash 47.1.At 48....
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.