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Europe midday: Surprise Tui update, German data boosts shares
European shares pushed further ahead on Thursday as Tui shares spiked on an unexpected updated from the travel giant and investors were cheered by a better-than-expected jump in German industrial production and positive data from China.
Amazon reportedly offers France managers 'year's pay' to quit
Online retail giant Amazon is reportedly offering senior French staff up to a year's pay to get them to leave as it looks to axe thousands of workers in the European Union.
EZ construction PMI falls again in March on weak housing market
Eurozone construction activity contracted for the eleventh consecutive month on the back of a weaker housing market, according to a widely read survey published on Thursday.
Europe open: Shares make positive start on China, German data
European shares defied downbeat pre-trade futures and weak US economic data to open higher on Thursday, as German industrial production recorded a better-than-expected jump in February and positive data from China boosted sentiment.
German industrial production posts better-than-expected jump in Feb
German industrial production reported a sharper than expected rise of 2% in February against the previous month, driven by vehicle manufacture, the federal statistical office said on Thursday.
UK house prices rise 0.8% in March for third consecutive increase - Halifax
UK house prices increased for a third consecutive month in a row in March, according to data released by mortgage lender Halifax on Thursday.
Ferrexpo doubles Q1 production vs prior three months
Ferrexpo more than doubled iron ore pellet production in the first quarter, driven by an improvement in the supply of electricity to operations in Ukraine, which enabled the restart of a second pelletiser line in late February 2023.