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Euro area factories add jobs in struggle to keep up with orders

Bloomberg Euro-area factories are scrambling to add staff as burgeoning orders stretch capacity. A Purchasing Managers Index for the region’s manufacturing industry rose to 58.1 in September from 57.4 the previous month, London-based IHS Markit said on Monday. That compares with a preliminary reading of 58.2 and is the highest level in more than six and a half years. A ...

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Square strikes processing deal with Eventbrite

Bloomberg Square Inc. struck an agreement to process payments for ticketing service Eventbrite and made a strategic investment in the startup, part of the digital-payments company’s push into online commerce, an area dominated by larger players like PayPal Holdings Inc. San Francisco-based Square invested $25 million in Eventbrite, which lets event organisers sell tickets and promote and manage events. Eventbrite, ...

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Uber board to vote on cutting ex-CEO’s power

Bloomberg Uber Technologies Inc. directors plan to vote on Tuesday on board reforms and whether to pursue a major stock deal with SoftBank Group Corp. despite the surprise appointment of two new members by ousted Chief Executive Officer Travis Kalanick, two people familiar with the matter said. Those two coordinated moves could drastically reshape the ride-hailing company’s governance, while officially ...

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