giftedviz.com
giftedviz.com July 16, 2018


Economic Buzz: Eurozone Private Sector Growth Accelerates In November

07 December 2017, 02:35 | Austin Hogan

The services sector makes up 80 per cent of GDP so weak expansion has a big impact on overall growth Toby Melville Reuters

The services sector makes up 80 per cent of GDP so weak expansion has a big impact on overall growth

New orders received by service providers continued to rise in November, with the pace of expansion accelerating from October's six-month low.

India's private sector activity expanded only marginally in November, as marked growth in the manufacturing sector was broadly offset by a downturn in the service sector, survey data from IHS Markit showed Tuesday.

A reading above 50.0 indicates expansion while a reading below signals contraction.

The closely watched purchasing managers' index for the sector showed that business optimism had picked up for the first time in three months, with increased sales boosting hopes that clients' aversion to taking risks will recede next year.

Lionsgate pull Gotti biopic starring John Travolta 10 days before release
Travolta , 63, plays the famous mobster alongside his wife Kelly Preston as Victoria Gotti and Stacy Keach as Aniello Dellacroce. John Travolta denies Lionsgate sent " Gotti " to sleep with the fishes, 10 days before its scheduled release .


Guardiola vs Mourinho - this time it's for real
Our game idea is always the same, and with this type of game we must have a lot of patience and precision when attacking". Given the amount of times they have come up with late winners recently, you would have to say the omens are good.


Senate Confirms Kirstjen Nielsen As New Homeland Security Secretary
Nielsen was the second woman to head this ministry after Janet Napolitano, who was in office from 2009 to 2013. Nielsen will take over for Acting Secretary Elaine Duke, and will be sworn-in sometime in the coming days.


The IHS Markit U.S. Services Business Activity Index came in at 54.5 in November, down from 55.3 in October, IHS Market Ltd. reported Nov. 5. The increase in input costs was primarily due to higher goods prices.

Greater operational requirements contributed to quicker job creation in the services sector, with the employment subindex rising to the highest level since August. "The upturn in new business also quickened to a sharp rate that was the fastest for the best part of a decade", said Sian Jones, economist at IHS Markit, commenting on the Russia Services PMI survey data.

The services sector - which includes finance, real estate services, marketing, transportation and retailing - has become an increasingly important part of the Chinese economy, reflecting a shift away from traditional heavy-industry manufacturing and exports.

However, this was still above the 50 threshold for growth, which the sector has achieved for 16 consecutive months.



Other News

Trending Now

Shares in Sleepy's Owner Steinhoff Fall 60% on Accounting Probe
It is being reported Steinhoff did not tell investors about transactions amounting to almost $1 billion (R13,5-billion). Steinhoff is a sprawling corporation which operates approximately 12,000 retail outlets across 30 countries.

Chad Morris leaves SMU, becomes Arkansas head coach
He led Lake Travis High School to back-to-back undefeated seasons and state championship in Texas' highest level of competition. Morris emerged as Arkansas' pick to replace Bret Bielema after Auburn's Gus Malzahn turned down the Hogs last weekend.

Hornets coach Clifford out indefinitely with 'health issue'
Today I spent a lot more time delving into the stats, delving into our team, and being prepared for late-game situations. He missed some time in his first season after experiencing chest pains.

Time's Person of the Year 2017 is 'The Silence Breakers'
The latter, USA Today reported , represents women who have yet to come forward with their stories. US President Donald Trump was second, while Chinese Premier Xi Jinping came in the third spot.

Commuters share terrifying videos of raging wildfire along LA freeway
Along with the lack of much-needed rain, the Santa Ana winds have made it very hard to contain and put out the fires. The Creek Fire north of downtown Los Angeles has burned 11,000 acres, while the smaller Rye Fire burned 7,000 acres.

Skirball Fire Map: Current Location of the Wildfire
LA residents are sharing terrifying videos and pics of the county in flames as the Skirball fire rages through the hills. Citywide, about 600 officers were assigned to coordinate security and various "firefighting events, " Beck said.

Report Said Trump's Bank Was Being Subpoenaed
Deutsche Bank told Bloomberg it "always cooperates with investigating authorities in all countries". Meanwhile, White House attorneys denied the Bloomberg report as well.

Same-sex couples will soon be able to marry in Austria
The court's Tuesday ruling, however, overturns this law and repeals all restrictions on gay marriage. The case was brought by two women who have a registered partnership but wanted to get married.

Alleged Terror Plot 'To Kill Theresa May' Foiled By Police And MI5
In 1991, Irish Republican Army (IRA) militants launched a mortar bomb attack on No. 10. When asked about his nationality in court, Imran said he was Bangladeshi British.

Students shot at USA high school
Troyer said officials believe the shooting took place off school property and the wounded students ran back onto the campus. He confirmed once the authorities got a call regarding the shooting, police swept the area to look for possible suspects.