Departure of the ceo, flint, in the role, amid a report that thousands of employees are set to lose their jobs. The yuan slides to the lowest in a decade, with the move being called normal, promising to keep the currency stable weve got some final pmi numbers for the yoeurozone it is in line with the estimate we got a few days back june number was 52. 2 this is a threemonth low. Services pmi is 53. 2 thats slightly lower than the flash of 53. 3 and slightly lower than the june final number we saw of 53. 6. Interesting looking at the services new export business down at 49. 2 into contraction territory, in line with the flash and very slightly lower than the month in june of course, this comes on the back of that very disappointing german pmi we just had a few minutes before pointing to a composite pmi number for germany of 50. 9, below the 51. 4 flash, and lowest in aggregate since june 2013 for germany, the lowest numbers since june 2013 for the composite. Euro zone as a whole, pmi co
Profit streak comes to an end sending shares lower in extended trade. Dont miss our interview with renaults ceo as the french carmaker cuts its fullyear Sales Guidance on a degradation in demand. No clear direction so far in european markets after that key announcement from the ecb about forward guidance, the introduction of quantitative easing down the road and what seems to be an almost certain rate cut in september in terms of the individual markets across europe, though, you can see the four major indices in europe are trading slightly higher. The ftse 100 in london about a fifth of a percent higher. Similar story in germany we have huge amount of earnings going on at the moment the cac 40 is slightly above the flat line. In italy, where weve been hearing from the two deputy Prime Ministers about the future of the economy, you can see the ftse mib is in negative territory. Media performing well as is telecons technology in europe bouncing slightly higher, up 0. 4 the Retail Sector
A boycott in south korea over a disagreement on reparations for its treatment of victims of wartime slave labor. Kim jong il is putting up a boycott sign at the entrance to his Grocery Store hes taking all japanese products off the shelves including cigarettes and alcohol. We took away japanese beer from here will. Replace these 2 rows places side bottled beer with korean soju if. It isnt you know. And hes not alone over 3700 members of a south korean Grocery Stores are doing the same. The boycott across the country is heard in japan. South korea is the biggest export market for japanese beer. In the 1st 2 weeks of july alone sales of japanese beer dropped by a quarter. And theyre bound to fall even further as more and more koreans join the boycott. They say we have a cyber youre on display in a restaurant and one customer said that just by looking at us i believe it makes them angry and asked us to remove them so i took them all down from our store that. Japans start of the trades bad
Materials to seoul there is an election in japan this weekend and shinzo abbay may have reason to celebrate the latest polls predict his coalition will come out on top when the nation votes for a new upper house of parliament positive Economic Data is also helping his chances japans economy beat expectations expanding by 2. 2 percent in the 1st quarter but its not all good news exports fell by 2. 4 percent in the same time period with japan shipping fewer cars trucks and steel pipes abroad the burgeoning trade conflicts around the world could sour the outlook u. S. President or trump is still weighing a 25 percent levy on japanese car brands like toyota and nissan japans also facing a boycott in south korea over a disagreement on reparations for its treatment of victims of war time slave labor. Kim jong il is putting up a boycott sign at the entrance to his grocery store. Hes taking all japanese products off the shelves including cigarettes and alcohol. And there we took away japanese
President or trump is still weighing a 25 percent levy on japanese car brands like toyota and nissan japans also facing a boycott in south korea over a disagreement on reparations for its treatment of victims of war time slave labor. Pill is putting up a boycott sign at the entrance to his Grocery Store hes taking all japanese products off the shelves including cigarettes and alcohol. We took away japanese beer from here will you. Please these 2 rows are places i bottled beer with korean soju you know if. Its interesting you know that he will. And hes not alone over 3700 members of a south korean Grocery Stores are doing the same the boycott across the country is heard in japan. South korea is the biggest export market for japanese beer. In the 1st 2 weeks of july alone sales of japanese beer dropped by a quarter. And theyre bound to fall even further as more and more koreans join the boycott. We had a siberian display in a restaurant and one customer said that just by looking at us it