U.S., Euro zone business activity accelerates to 11-month highs in April
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) -U.S. and Euro zone business activity gathered pace in April, according to surveys released on Friday, despite central bankers signaling they are nearing the peak of their interest rate hiking cycles designed to cool demand enough among consumers to bring high inflation down. S&P Global said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to […]