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Euro zone growth slows to nine-month low on surging costs, PMI shows

Euro zone growth slows to nine-month low on surging costs, PMI shows

LONDON, April 7 (Reuters) - The euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand - a key gauge for economic health - falling for the first time in eight months, a survey showed on Tuesday.
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South Africa private sector returns to growth but Iran war clouds outlook, PMI shows

South Africa private sector returns to growth but Iran war clouds outlook, PMI shows

JOHANNESBURG, April 7 (Reuters) - South Africa's private sector returned to growth in March as faster output and hiring outweighed a slump in export orders and business confidence linked to the U.S.-Israeli war in Iran, a survey showed on Tuesday.
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Canada's services economy shrinks as war delays client decision-making

Canada's services economy shrinks as war delays client decision-making

April 6 (Reuters) - Canada's services economy contracted for a fifth straight month in March as uncertainty related to the war in the Middle East contributed to a decline in new business and after higher fuel costs raised operating expenses, S&P Global's Canada services PMI data showed on Monday.
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Italy service sector contracts for first time in 16 months, survey shows

Italy service sector contracts for first time in 16 months, survey shows

ROME, April 7 (Reuters) - Italy's service sector contracted in March for the first time in 16 months, a business survey showed on Tuesday, as domestic and foreign demand declined and costs surged in connection with the conflict in the Middle East.
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India's services growth slows to 14-month low as Middle East war hits demand, PMI shows

India's services growth slows to 14-month low as Middle East war hits demand, PMI shows

BENGALURU, April 6 (Reuters) - India's services sector grew at its weakest pace in 14 months in March as the Middle East war dampened domestic demand, a survey showed on Monday, though overseas orders hit a near record while input cost pressures were at their most intense since mid-2022.
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BOJ warns of economic hit from Middle East conflict

BOJ warns of economic hit from Middle East conflict

By Leika Kihara TOKYO, April 6 (Reuters) - The Bank of Japan said surging oil costs and supply disruptions brought about by the Middle East conflict could hurt the economy, signalling caution over downside risks to growth that may prod it to tread cautiously in raising interest rates.
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US service sector cools in March; price paid measure highest in 3-1/2 years

US service sector cools in March; price paid measure highest in 3-1/2 years

WASHINGTON, April 6 (Reuters) - U.S. services sector growth slowed in March, while prices paid by businesses for inputs climbed to near a 3-1/2-year high, an early sign that the prolonged war with Iran was boosting inflation pressures.
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Bernabéu Set for Iconic Champions League Atmosphere as Fans Prepare Full-Stadium Mosaic

Bernabéu Set for Iconic Champions League Atmosphere as Fans Prepare Full-Stadium Mosaic

Real Madrid supporters will unveil a 360º display featuring the club’s historic crest and initials
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BOJ to raise rates by July on mounting price pressure, ex-board member says

BOJ to raise rates by July on mounting price pressure, ex-board member says

By Leika Kihara and Takahiko Wada TOKYO, April 7 (Reuters) - The Bank of Japan will likely raise interest rates by July, as soaring oil costs from the Middle East war increase the risk it will fall behind the curve in dealing with mounting inflationary pressure, its former board member Seiji Adachi
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War weighs on Egypt's private sector as PMI hits near two-year low in March

War weighs on Egypt's private sector as PMI hits near two-year low in March

April 5 (Reuters) - Egypt's non-oil private sector deteriorated at its sharpest pace in almost two years in March, as the Middle East war drove up costs and dampened client demand, a closely watched business survey showed on Sunday.
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Saudi Arabia's non-oil business activity shrinks in March amid conflict, PMI shows

Saudi Arabia's non-oil business activity shrinks in March amid conflict, PMI shows

April 5 (Reuters) - Saudi Arabia's non-oil private sector activity contracted in March for the first time since August 2020, as the war in the Middle East snarled up supply chains, a business survey showed on Sunday.
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European ministers call for profit caps on energy companies as Iran war drives price surge

European ministers call for profit caps on energy companies as Iran war drives price surge

Finance ministers from five European Union member states are urging the bloc to introduce a windfall tax on energy companies as surging oil and gas prices raise inflation fears