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Markets and investing
Inflation across the 21 countries using the euro rose from 3.8% in September, driven by higher energy costs. The increase is likely to strengthen expectations of another European Central Bank rate hike in December.
Economy and business
Changes to tax rules and the introduction of a five-day workweek are raising questions over how costs and savings should be shared between public authorities, concessionaires and users.
Markets and investing
The euro zone’s composite PMI fell to 51.7 in October as demand weakened, costs rose and business confidence declined, while activity continued to expand.
Economy and business
Aeris says its restructuring plan covers R$1.52 billion in debt and has initial support from creditors holding 42.18% of the claims included.