Euro-Area Services, Manufacturing Miss Forecasts
Feb. 21 (Bloomberg) -- Bloomberg's Caroline Hyde reports that Euro-area services and manufacturing contracted at a faster pace than forecasted in February as a composite index of both industries fell to 47.3 from 48.6 in January. She speaks on Bloomberg Television's "The Pulse."
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Japan's First-Ever 'Premium Friday' Begins Today
37:42 - Tokyo workers can take free limo rides and sip champagne this afternoon, courtesy of downtown developers. SoftBank Group is giving staff extra money to hit the town. And a railway operator is running a booze train, where passengers can enjoy four hours of solid drinking. This is how some of Japan Inc. is responding to a government campaign to get the country’s chronically overworked populace to leave the office by 3 p.m. on the last Friday of every month and go spend some cash. They call it Premium Friday. But don’t be fooled by all the fanfare. Beyond the blue-chips -- and some of them are lukewarm about the plan -- it will be business as usual for most companies. Bloomberg's Min Jeong Lee has more on "Bloomberg Daybreak: Asia." (Source: Bloomberg)