Bloomberg Euro-zone factory activity rose to a three-month high last month, though job losses continued as the sector remained stuck in a slump. The Purchasing Managers’ Index for the 19-nation euro region rose slightly to 46.9 in November as confidence improved and a drop in new orders slowed. The reading was up from a preliminary 46.6 but still below the ...

Bloomberg Twitter Inc Chief Executive Officer Jack Dorsey returned from a trip touring African startups ready to go back. He said in a Twitter post recently that he’ll spend three to six months somewhere on the continent next year. Dorsey had spent much of November meeting with startups and people in the tech industry in South Africa, Ethiopia, Nigeria and ...

Bloomberg Donald Trump, once the primary critic of NATO, blasted France’s Emmanuel Macron for his “very insulting” comments about the military alliance that’s celebrating its 70th anniversary in London. The full-throttled attack came on Tuesday, hours before the two leaders were scheduled to meet face-to-face in London. The US president, who in the past has expressed admiration for the French ...

Bloomberg Typhoon Kammuri barrelled into the Philippines’ main island, killing at least three people, displacing half a million more and shutting its main airport. Philippine President Rodrigo Duterte canceled work in government offices in Metro Manila, while schools were closed as Kammuri battered the capital region on Tuesday. The foreign exchange and stock markets were open. About half a million ...

Bloomberg Iran for the first time acknowledged that its security forces shot and killed protesters last month during one of the most violent crackdowns on dissent since the 1979 Islamic revolution. State television on Tuesday reported that “rioters” had been shot dead in several areas as they joined anti-government protests, including in Tehran, the capital, and Mahshahr in the country’s ...

Bloomberg North Korea said it was preparing a choice of “Christmas” gifts for President Donald Trump, in the country’s latest effort to pressure the US to offer more concessions in nuclear talks before the new year. Top North Korean diplomat Ri Thae Song said in a statement Tuesday that the onus was on the US side to determine how the ...

Bloomberg The US is “likely” to bring additional charges in a case against Lev Parnas and Igor Fruman, associates of Rudy Giuliani who are accused of skirting campaign contribution limits as part of a plot to oust the American ambassador to Ukraine, a prosecutor said. The comment was made at an hour-long court hearing in Manhattan. Responding to a question ...

Bloomberg Backing for the nationalist Sweden Democrats surged in yet another poll, confirming that the party is now a contender to become the largest political force in the country. Some 22.6% of Swedes would vote for the Sweden Democrats if an election was held today, according to the bi-annual poll by the country’s statistics agency. That’s up from 17.1% in ...

Bloomberg After five years of negative rates imposed by the European Central Bank (ECB), German lenders are breaking the last taboo: Charging retail clients for their savings starting with very first euro in the their accounts. While many banks have been passing on negative rates to retail clients for some time, they have typically only done so for deposits of ...

Bloomberg The Bank of Thailand said it has many tools left to manage capital inflows to curb the local currency’s strength, which is hurting growth prospects in the Southeast Asian economy. The scope and speed of the baht’s appreciation is out of line with economic fundamentals such as the current-account surplus, Don Nakornthab, a senior director in the central bank’s ...