Receive Breaking News updates as they occur
By Sumanta Dey and Wayne Cole BANGALORE/SYDNEY (Reuters) - Factory activity in Europe and Asia cooled in August after a strong July, as new orders dwindled in the face of escalating tensions in Ukraine and a patchy recovery in China, purchasing managers indexes showed. Despite euro zone manufacturers barely raising their prices, growth in the region slowed slightly more than initially thought, and activity in China's vast factory sector slackened on weak foreign and domestic demand, stoking speculation that further policy stimulus would be needed. "A concerted slowdown in the China, euro zone and UK manufacturing PMIs as the second quarter gets under way raises alarm bells about global demand conditions," said Lena Komileva, chief economist at G+ Economics in London.
PYONGYANG, North Korea (AP) — North Korea gave foreign media access on Monday to three detained Americans who said they have been able to contact their families and — watched by officials as they spoke — called for Washington to send a high-ranking representative to negotiate for their freedom.
LONDON (AP) — The grandmother of a British boy with a severe brain tumor has accused UK authorities of cruelty for seeking an arrest warrant and pursuing the family abroad after his parents removed him from a British hospital against medical advice.