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Expected. Shop more but spend less. Thats the take away from the black friday weekend in the u. S. Those who werent in stores requiring online. Trend retailers hope continues today, cyber monday. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. A warm welcome to december here on Worldwide Exchange. We have data out from the eurozone. Manufacturing pmi in the second estimate has ticked high from the flash. 51. 6. The flash was 51. 3. The output index was up to 32. 1. This was on november data. The new export index, 54. The flash 53. 1. Its driving eurozone activity to accelerate at its fastest pace two years. That growth is still weak. Theres evidence of renewed downturn in france and spain as well as firms cutting staff so france still a big concern for the eurozone eco ....
As the retailer is battling to keep market share. And the art of doing nothing is honed both sides of the atlantic. Fed chair janet yellen keeps investors guessing while mario draghi is to remain tight lipped on the euro. Well be joined exclusively as well by the ceo of another big player in the asian market, tid Tidjane Thiam joins us in three minutes. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello an a warm welcome to todays Worldwide Exchange. As ever, theres plenty to get through. Well be concentrating on the countdown to the Rate Decisions from the ecb and the bank of england. First we kick off in the corporate sector and the uk bank barclays. Its unveiled a ....
Proposal plan b. He called obama irrational. Where do the two sides stand right now, especially on spending . President obama says the nation has a deep obligation to stop gun violence and appoints Vice President biden to lead the administrations effort on this. Well have the details on that and look at the legal implications for gun manufacturers. And General Motors buying back 200 million shares of its own stock from the government. Well tell you what it means for investors and taxpayers alike. Sue herrera down on the floor of the new york exchange. Sue. Its 12 days to go until america goes off that fiscal cliff. Both sides, as you just mentioned, are still sniping at each other. Thats one of the reasons why the dow is down slightly. President obama said he would veto the House Republican plan b tax proposal designed ....
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