Eurozone business activity points to solid growth: survey

Eurozone business activity picked up strongly in November to a 11-month high, with Germany powering the economy in Europe, a closely-watched survey showed Wednesday. Data monitoring company IHS Markit said the November figures were encouraging, indicating growth in the 19-nation currency bloc had reached its fastest pace so far this year. The fresh data gives "plenty of signs that growth will continue to accelerate," said IHS Markit chief business economist Chris Williamson said in a statement.