French Contraction Slows Eurozone Business Activity in October
Purchasing-manager surveys released Friday showed eurozone business activity slowed in October amid pressure on profit margins.
By Paul HannonBusiness activity in the eurozone slowed in October amid a squeeze on profit margins, according to surveys of purchasing managers released Friday, a sign of fading resilience in the face of the higher energy costs that have accompanied the war between the U.S. and Iran.The surveys rec…