Eurozone inflation jumped to 3.3% in August (the highest since September 2023) from 2.9% in July, as renewed tensions in the Middle East lifted energy costs and increased upward pressure on prices. Although core inflation, excluding volatile food and energy components, ticked down from 2.5% previous month to 2.4% in August, economists warn that fresh […]
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A deal potentially worth $120 billion would normally be the kind of announcement investors celebrate. For Marvell Technology (MRVL), it produced the opposite reaction. Shares of the chip designer dropped more than 8% to $221.60 Read more…
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The headline manufacturing PMI slipped 1.0 point to 54.6 in August from 55.6 in July, but remained firmly in expansion for an eighth consecutive month. The reading was modestly below the 55.2 consensus. Demand lost Read more…