German industrial orders rose more than expected in August due to a strong increase in computing, electronic and optical products, but the outlook for the sector remains challenging. Orders rose by 3.9% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Friday. "This means that incoming orders have stabilised after a two-year decline," said Ralph Solveen, chief economist at Commerzbank.
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Network access provider Openreach (BT) today claims to have launched a "game changer" new Ethernet product - OSA 100G Single (Optical Spectrum Access),