Euro zone September business growth halts

Bright spot: A forklift truck transports planks of wood in the warehouse at the KLH Massivholz GmbH cross-laminated timber factory in Austria. Factories in the euro zone are reporting that production growth has been buoyed by rising demand, notably from export markets and the reopening of retail in many countries. — Bloomberg

LONDON: Euro zone business growth ground to a halt this month as the service industry slammed into reverse, knocked by a resurgence in coronavirus cases that pushed governments to reintroduce restrictions and citizens to stay at home, a survey showed.

That renewed downturn for services more than offset the strongest manufacturing growth in two years.