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Global business confidence has reportedly slipped to a five-year low in October, according toa recent survey involving 6,100 companies.The number of companies expectingbusiness activity to be higher in the year 2014 has reportedly exceeded those which have expected a decline by around 28%.However, sources say that net balance lowered by more than 39% in June considered the lowest since the beginning of Markit Global Business.Outlook Survey in theyear 2009. Hiring and investment planshave reportedly plunged to post financial crisis lows.Tags:Global business,Outlook Survey,Markit GlobalBusiness,Hiring,Investment plans,Financial crisis

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