Boeing appoints Kelly Ortberg as new chief executive – as it happened

Live coverage of business, economics and financial markets as 64-year-old aerospace veteran becomes latest boss tasked with turning around US manufacturer's fortunes

Daniel Kral of Oxford Economics questions if the small dip in Eurozone services inflation will be enough to persuade the European Central Bank to continue cutting interest rates.

He points out that it has stayed sticky at about 4% during all of 2024. That is not a sign that inflationary pressures are cooling in Europe's economy.