The Traderszone Network

The Institute for Supply Management said its services index fell to 56.5 last month from 56.9 in February. The reading was in line with economists’ forecasts, according to a Reuters survey.

Financial firm Markit said its final reading of its Purchasing Managers Index for the services sector rose to 59.2 in March from 57.1 in February. The March reading was the highest level since August and was above the preliminary, or “flash,” reading of 58.6. Markit’s March reading of employment at service companies rose to 54.0, up from 52.7 in February and its highest reading since June. Markit’s composite PMI, a weighted average of its manufacturing and services indexes, rose to 59.2 in March, its best reading since August, from 57.2 in February.

Financial firm Markit said its final reading of its Purchasing Managers Index for the services sector rose to 59.2 in March from 57.1 in February. The March reading was the highest level since August and was above the preliminary, or “flash,” reading of 58.6. Markit’s March reading of employment at service companies rose to 54.0, up from 52.7 in February and its highest reading since June. Markit’s composite PMI, a weighted average of its manufacturing and services indexes, rose to 59.2 in March, its best reading since August, from 57.2 in February.

U.S. courier delivery company FedEx has highlighted its intentions to expand globally with the purchase of Dutch-based rival TNT Express.

U.S. courier delivery company FedEx has highlighted its intentions to expand globally with the purchase of Dutch-based rival TNT Express.

The coffee chain has raised suspicions among regulators and local governments by reporting losses in its biggest European markets for years despite recording hundreds of millions of dollars of annual sales
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The coffee chain has raised suspicions among regulators and local governments by reporting losses in its biggest European markets for years despite recording hundreds of millions of dollars of annual sales
read more