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Europe bounces back

Eurozone manufacturing activity hit a 26-month high last month, confirming recent data that shows the bloc coming out of a recession. Companies reported the strongest improvement in business conditions for just over two years, with a pick up in the growth of new orders suggesting the upturn will be sustained into September.

Eurozone manufacturing activity hit a 26-month high last month, confirming recent data that shows the bloc coming out of a recession. Companies reported the strongest improvement in business conditions for just over two years, with a pick up in the growth of new orders suggesting the upturn will be sustained into September.

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