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German private sector growth remains tepid in July, PMI shows Jul 24, 2025 03:33AM

By Miranda Murray

BERLIN (Reuters) -German business activity continued to grow marginally in July, though at a slightly slower pace than in June, as manufacturing output expanded for a fifth consecutive month and services activity stabilised, a survey showed on Thursday.

The HCOB German flash composite Purchasing Managers' Index, compiled by S&P Global, fell to 50.3 points in July, down from 50.4 in June and below the 50.7 forecast in a... (continue reading...)


French private sector activity contracts again in July, PMI shows Jul 24, 2025 03:25AM

By Sudip Kar-Gupta

PARIS (Reuters) -France's private sector activity shrank for an 11th straight month in July as political uncertainty weighed on business confidence in the euro zone's second-biggest economy, according to data from S&P Global published on Thursday.

The HCOB Flash France Composite PMI Output Index rose to an 11-month high of 49.6 points in July from 49.2 in June, but remained below the 50.0 threshold that separates growth... (continue reading...)


Once bitten, twice shy: Indian banks wary of parking funds with RBI after rate jolt Jul 24, 2025 03:08AM

By Dharamraj Dhutia

MUMBAI (Reuters) -Indian banks are likely to adopt a cautious approach in deploying funds at the central bank's reverse repo auction which is likely to take place on Friday after a recent cash crunch forced them to borrow overnight at elevated rates, bankers said.

Lenders parked 2 trillion rupees ($23.17 billion) with the Reserve Bank of India at its seven-day variable rate reverse repo (VRRR) auction last Friday, even as... (continue reading...)


Greek fir forests dying as heat peaks and snow cover wanes Jul 24, 2025 03:07AM

By Vania Turner

KALAVRYTA, Greece (Reuters) -On the wooded slopes surrounding the village of Kalavryta in southwestern Greece, hundreds of dying fir trees stand out among the dark green foliage, their brittle, reddish needles a stark reminder of how drought slowly drains the life from nature.

Fir trees are known to need cooler, moist climates. But prolonged droughts in recent years linked to a fast-changing climate in Greece are leaving them... (continue reading...)


Russian overnight attack hit Odesa region sea ports, damaged logistics sites, Ukrainian official says Jul 24, 2025 03:04AM

KYIV (Reuters) -Russian overnight attack on the southern region of Odesa hit sea ports and transport connections, Ukrainian deputy Prime Minister Oleksiy Kuleba said on the Telegram messenger on Thursday.

"Last night, Russia struck civilian infrastructure in the Odesa region – seaports, transport hubs, and residential areas," he said.

(Reporting by Anastasiia MalenkoEditing by Tomasz Janowski)


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