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I had the opportunity this week to speak at the London AIM Summit, where presenters and attendees were cautiously optimistic about the economy. My family and I also visited Oxford. I was surprised to see so many Chinese tourists in large groups, confirming a recent survey by Dragon Trail International that found that close to 27% of Chinese people listed ...
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Business activity in the US services sector continued to increase in April, but the rate of expansion slowed amid the first reduction in new orders since last October. Employment was also reduced as firms showed a reluctance to replace departed staff. On the price front, rates of both input cost and output price inflation softened at the start of the second ...