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  • Financial data company Markit, which compiled the figures, said Britain's overall economic growth rate was likely to slow to 0.5 percent in the three months to September from an above-average 0.7 percent in the second quarter. "Even after allowing for usual seasonal influences, August saw an unexpectedly sharp slowing in the pace of economic growth," Markit's...

  • Euro zone business growth at 4-year high: PMI Thursday, 3 Sep 2015 | 4:19 AM ET

    Euro zone business activity accelerated at its fastest pace in more than four years last month as Italy turned in its best performance since early 2011 and German growth strengthened, surveys showed on Thursday.

  • *Markit says PMI points to Q3 GDP growth of 0.4 pct. "The PMI is indicating euro area GDP growth close to 0.4 percent in the third quarter, a solid albeit unspectacular rate of expansion," said Chris Williamson, chief economist at survey compiler Markit. Markit's final August Composite Purchasing Managers' Index beat an earlier estimate of 54.1, settling at 54.3-- its...

  • UK construction growth inches up in August - Markit Wednesday, 2 Sep 2015 | 4:30 AM ET

    The CIPS/ Markit construction Purchasing Managers' Index rose to 57.3 in August from 57.1 in July, indicating solid growth but below the 57.5 forecast in a Reuters poll and the levels of more than 60 regularly reached in 2014.. "UK construction companies remained on a reasonably strong growth footing in August, helped by a sustained recovery in both residential...

  • *China manufacturing contracts at fastest in 3 years- PMI. "It was primarily the China fear factor," Carsten Fritsch at Commerzbank in Frankfurt told the Reuters Global Oil Forum. And an OPEC magazine commentary that some traders interpreted on Monday as signaling a possible subtle policy shift was nothing of the sort, OPEC insiders said.

  • *China manufacturing contracts at fastest in 3 years- PMI. NEW YORK, Sept 1- Oil prices tumbled 8 percent on Tuesday in volatile trading that sent Brent futures back below $50 a barrel as weak Chinese data revived concerns about demand for petroleum after crude's three-day rally of more than 20 percent. "It was primarily the China fear factor," Carsten Fritsch at...

  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. LONDON, Sept 1- China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. "It's all consistent with a global economy which clearly is struggling to make...

  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. LONDON, Sept 1- China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. "It's all consistent with a global economy which clearly is struggling to make...

  • Mexico factory sentiment slips in July as output sinks Tuesday, 1 Sep 2015 | 10:30 AM ET

    MEXICO CITY, Sept 1- Mexico's manufacturing sector sentiment slipped in August as output dropped to a 22- month low, a survey showed on Tuesday. Output expanded at its slowest pace since October 2013, even as new work from abroad increased, helped by the peso depreciation, said Tim Moore, senior economist at Markit. The PMI index, compiled by Markit, is composed of five...

  • *Netflix down on report of Apple mulling original shows. Sept 1- Wall Street opened sharply lower on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting,"...

  • *Netflix falls on report Apple considering original programming. Sept 1- Wall Street was set to open sharply lower on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting," said Joe Rundle,...

  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. LONDON/ BEIJING, Sept 1- China's giant manufacturing industry contracted while British and euro zone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer. It came as the People's Bank of China loosened policy for the second...

  • *China official factory PMI 49.7 in August vs 50.0 in July. LONDON, Sept 1- Copper prices fell on Tuesday as expectations of weak demand from top consumer China were fuelled by data showing the country's manufacturing sector contracting at its fastest pace in three years. "Looking at fundamentals, China and demand, it's not looking terribly healthy," said Sergey...

  • *Man Group posts biggest individual decline. LONDON, Sept 1- European stocks fell on Tuesday, extending the losses of recent weeks after weak manufacturing data from China again raised concerns over the health of its economy. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting," ETX Capital...

  • The Markit/ CIPS UK Manufacturing Purchasing Managers' Index fell in August to 51.5 from 51.9 in July, confounding expectations for a rise to 52.0. "The UK manufacturing sector remains in a holding pattern, with production growth hovering around the stagnation mark and marginal job losses reported for the first time in 26 months," said Rob Dobson, senior economist...

  • LONDON, Sept 1- Euro zone manufacturing growth eased last month, despite factories barely raising prices, adding to the European Central Bank's woes as it battles to spur expansion and inflation, a survey showed. Markit's final manufacturing Purchasing Managers' Index was 52.3 last month, below an earlier flash reading that suggested it had held steady at...

  • German factory activity hits 16-month high - PMI Tuesday, 1 Sep 2015 | 3:55 AM ET

    BERLIN, Sept 1- Rising output and orders helped Germany's manufacturing sector expand at its fastest pace in sixteen months in August, adding to signs that exports may help fuel growth in Europe's largest economy in the third quarter. Markit's purchasing managers' index for manufacturing, which makes up about one fifth of the German economy, rose to 53.3 from...

  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. The Chinese government's measure of manufacturing showed activity contracted at the fastest pace in three years, while a survey by Markit, which focuses more on smaller, private firms, showed the factory sector's weakest performance in 6-1/ 2 years. Even China's services sector, which has been one of...

  • *China official factory PMI 49.7 in August, vs 50.0 in July. *Morgan Stanley sees copper market near flat on supply outages. MELBOURNE, Sept 1- London copper held its ground on Tuesday in the face of slowing factory activity in the world's top copper user, cushioned by a softer dollar, while nickel resumed its slide on supply concerns.

  • *China factory activity shrinks at fastest pace in 3 years. TOKYO, Sept 1- Asian shares fell on Tuesday and the dollar struggled after twin surveys showed China's manufacturing sector in the grip of its worst slump in several years, raising fresh fears about the health of its economy. China's official Purchasing Managers' Index fell to 49.7 in August from the...