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Eurozone business activity slumps after Olympics boost
Eurozone business activity slumps after Olympics boost
by  AFP

Eurozone business activity declined for the first time in seven months in September, as France lost steam after the end of the Paris Olympic Games, a key survey said Monday. The decline in business activity could add impetus to calls for the European Central Bank (ECB) to cut its key interest rate again in October.

EU launches WTO challenge against China dairy probe
EU launches WTO challenge against China dairy probe
by  AFP

The EU on Monday launched a WTO challenge against a Chinese anti-subsidy investigation into imports of European dairy product, in the latest move in a trade spat between Beijing and Brussels.

Murdoch's REA ups offer for property website Rightmove
Murdoch's REA ups offer for property website Rightmove
by  AFP

REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has made a third multi-billion-pound offer to buy British peer Rightmove. REA reiterated that should it succeed in buying Rightmove, it would apply for a secondary stock market listing in London, in addition to its current trading on the Australian Securities Exchange.

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