Thomson ReutersMay 8, 2013 17:25
By Andy Bruce
LONDON (Reuters) - Business growth flagged in China, recession dragged on euro zone companies, and even U.S. corporate growth slowed in April, according to surveys that bucked a stronger trend in U.S. jobs data.
Monday's European purchasing managers indexes (PMIs) suggested the euro zone is on course for a worse downturn in the current quarter, with Germany now suffering a contraction in business activity that has long dogged France, Italy and Spain.
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