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UK services prop up economy on better than forecast growth

Bloomberg UK services activity grew more than expected in February, supporting economic growth and keeping alive the prospect of an interest-rate increase within months. IHS Markit’s Purchasing Managers Index for the biggest part of the economy jumped to 54.5— a four-month high—from 53 in January. That’s well above the 53.3 reading forecast by economists in a Bloomberg survey. The report ...

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Kim Jong-un hosts Seoul envoys for first time since taking power

Bloomberg North Korean leader Kim Jong Un held talks with top aides to South Korea’s Moon Jae-in in Pyongyang on Monday, the president’s office said, in the first meeting between the leader of the isolated nation and officials from Seoul since he took power in 2011. National Security Office head Chung Eui-yong and National Intelligence Service chief Suh Hoon were ...

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French minister in Iran to back N-deal but set out concerns on missiles

TEHRAN / Reuters France’s foreign minister visited Iran on Monday on a delicate mission to affirm Europe’s support for a nuclear deal that opened Iran’s economy while echoing US concern about Tehran’s missile programme and role in regional conflicts. Jean-Yves Le Drian aims to save the 2015 nuclear deal, which US President Donald Trump has threatened to quit unless European ...

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