DAILY BRIEFING: IHS Markit's index of activity in eurozone plunges to weakest score in over two years
![IHS Markit is at its weakest index of activity in the eurozone since September 2016](https://i.dailymail.co.uk/1s/2018/11/06/22/5854648-6360651-image-a-2_1541543225025.jpg)
IHS Markit is at its weakest index of activity in the eurozone since September 2016
EURO WOE IHS Markit’s index of activity in the eurozone, where scores above 50 show growth, fell to 53.1 in October, the weakest since September 2016, as trade tensions and political uncertainty start to bite.
DRUGS DEAL Pharma firm Astrazeneca has sold the remaining rights to three asthma and hay fever treatments to Swiss company Covis Pharma for £268million.
ASSET FEARS Alexander Friedman, chief executive of crisis-riven Swiss fund manager GAM, stepped down yesterday as it rushes to stem billions in asset outflows after director Tim Haywood was suspended.
STALL WARNING Growth in domestic orders among 331 small-to-medium sized companies (SMEs) is expected to stall in the coming months, according to the CBI.
CUTS COMING Bjorn Kjos, the boss of low-cost carrier Norwegian, has warned it must cut costs due to tough competition and high oil prices as it enters the quieter winter months, despite recording an 8 per cent growth in passengers last month.
MENU CHOICE Food deliverer Deliveroo has signed deals with Pizza Express, Barburrito, Wagamama and Azzurri and now works with 17,000 restaurants and takeaways.
HIGH FLYING Passengers travelling with Easyjet jumped by 14.1 per cent to 8.6million last month compared to a year earlier.
Rival Wizz Air carried 15 per cent more passengers compared with a year earlier, taking the total to 3.6million.
SALES LIFT Sales at the John Lewis Partnership edged up 1.1 per cent last week as both John Lewis and Waitrose managed to grow sales.
JOBS FREEZE Ad group WPP has reportedly ordered a hiring freeze at its agencies to help boost profits, according to reports.
CITY SELECTION Dallas, New York and Crystal City in Virginia are said to be in the running as Amazon plans to split its proposed second US headquarters between two cities.
CASH AIM Investment manager Albion Capital is planning to raise £36million to top up its six venture capital trusts. The trusts invest in small, fast-growing companies.
FAST MOVE Abu Dhabi’s investment fund, Mubadala Investment Company, has bought a minority stake in the UK’s fastest broadband provider Hyperoptic.
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