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France services activity contracts faster in August on weaker demand, PMI shows

France services activity contracts faster in August on weaker demand, PMI shows

PARIS, Sept 3 (Reuters) - France's services sector contracted more than expected in August, as weaker demand and extreme heat weighed on sales and inflationary pressure crept back up, a business survey showed on Thursday.

Japan services growth hits five-month high, PMI shows

Japan services growth hits five-month high, PMI shows

TOKYO, Sept 3 (Reuters) - Japan's services sector expanded at its fastest pace in five months in August, as stronger domestic demand lifted business activity and new work, a private survey showed on Thursday.

India's services growth picks up in August but stays near four-year low, PMI shows

India's services growth picks up in August but stays near four-year low, PMI shows

BENGALURU, Sept 3 (Reuters) - India's dominant services sector accelerated slightly in August but persistently subdued new business kept overall activity near its weakest in more than four years, a survey showed, though firms ramped up hiring at the fastest pace in over a year.

Factory activity bounced in August as AI fuelled Asian expansion

Factory activity bounced in August as AI fuelled Asian expansion

By Jonathan Cable and Leika Kihara TOKYO/LONDON, Sept 1 (Reuters) - Global factory activity was humming last month as surging demand for AI hardware kept Asian factories busy while new orders in Europe bounced higher, brightening prospects even as the prolonged U.S.-Iran war fuels uncertainty,

DIW raises German economic growth forecasts as exports beat expectations

DIW raises German economic growth forecasts as exports beat expectations

By Maria Martinez and Klaus Lauer BERLIN, Sept 2 (Reuters) - The German Institute for Economic Research, DIW Berlin, sharply raised its growth forecasts for Europe's largest economy on Wednesday, citing stronger-than-expected exports and a milder energy price shock from the Iran war.

UK manufacturing PMI slips to five-month low but hiring strengthens

UK manufacturing PMI slips to five-month low but hiring strengthens

LONDON, Sept 1 (Reuters) - Activity growth in Britain's manufacturing sector slowed slightly in August to its weakest since March but factories hired workers at the fastest pace in more than two years, monthly purchasing managers' index data showed on Tuesday.

Germany points finger at Russia for attempted drone attack at airport

Germany points finger at Russia for attempted drone attack at airport

Russian officials denied involvement in placing an explosive-laden drone near an airport runway at Leipzig/Halle in August.

Global AI boom fuels Asia factory expansion in August

Global AI boom fuels Asia factory expansion in August

By Leika Kihara Sept 1 (Reuters) - Surging global demand for AI hardware kept Asia's factories humming in August, private surveys showed on Tuesday, brightening prospects for the export-reliant region even as the prolonged Middle East war fuels uncertainty and rising costs.

German companies under pressure to adapt as China challenges them at their own game

German companies under pressure to adapt as China challenges them at their own game

China is challenging Germany at its own game of making advanced, highly engineered machinery

Hopes high, expectations low for Germany as it prepares to host Women’s Basketball World Cup

Hopes high, expectations low for Germany as it prepares to host Women’s Basketball World Cup

Injuries and three straight losses in warmups have not dimmed hopes for host team Germany at the Women’s Basketball World Cup in Berlin

Three not-too-serious predictions for Team USA as the FIBA World Cup tips offs

Three not-too-serious predictions for Team USA as the FIBA World Cup tips offs

Before the World Cup officially begins, let’s indulge in some fun predictions for Team USA.