Quelle, who call itself Europe's largest home-shopping company, has stopped catalog production, German news broadcaster N-TV reported. Quelle is a unit of Arcandor, which has been seeking fiscal support from the German government.
US CDS OPEN: Asian shares closed moderately higher on Friday, buoyed by mild gains in the US on Thursday, following some positive macro data. In Europe this morning stocks are also in moderately positive territory, pushed higher by M&A speculation, but ...continued
--Adds Detail To Version Transmitted At 0853 GMT --UK Aug CIPS/Markit Services PMI 51.3 Vs July 53.1 --UK Aug CIPS/Markit Composite PMI Output Index 53.2 --UK Aug CIPS/Markit Composite PMI Sees Largest Fall Since Nov 2008 LONDON (MNI) - The UK Aug ...continued
--UK Q2 New Construction Orders Fall 14.0% Q/Q, -9.0% Y/Y LONDON - The total volume of new construction orders slid in Q2, despite strong gains in private commerical demand, as public expenditure on construction fell back sharply and private housing or ...continued
EMU JUL REAL SA RETAIL SALES +0.1% M/M, WDA +1.1% Y/Y ...continued
--UK Aug CIPS/Markit Services PMI 51.3 Vs July 53.1 --UK Aug CIPS/Markit Composite PMI Output Index 53.2 --UK Aug CIPS/Markit Composite PMI Sees Largest Fall Since Nov 2008 LONDON (MNI) - The UK August service sector Purchasing Managers' Index showe ...continued
