Germany's leading index unchanged in October

Source: RTT News
A leading indicator of the second-largest economy stayed flat in October after the index decreased in September and rose in August, while in the May-October period it advanced 1.7% with all components rising, the Conference Board reported on Friday. The German leading index remained at 106.7 points in October, whereas the coincident economic index fell 0.2% in the same month.

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Mon, 23 Dec 2013 07:29:05 GMT

European shares rise due to increase of bankers and insurers

European stocks increased on Friday rising for the third successive day and were set to advance the most in a week since April mainly due to a notable gain of ING Groep NV and Banca Monte dei  Paschi di Siena SpA. The benchmark index Stoxx Europe 600 Index surged 0.5% to 321.11 as of 4:38 p.m. London time and it

Mon, 23 Dec 2013 07:07:04 GMT

U.K. service sector rises slower in October

Service sector in the United Kingdom recorded a slight increase in the month of October with the pace of growth easing on a sequential basis mainly due to a weak performance by hotels, restaurants and distribution, the Office for National Statistics showed in a report on Friday. The U.K. service sector index gained 0.1% on a monthly basis in October

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