German inflation drops to 1.8% in September, below expectations
The harmonized German consumer price index eased to 1.8% in September, more than expected, preliminary data from the country’s statistics office showed Monday.
‘No challenges can stop China’s progress’ Xi Jinping says in 75th anniversary speech
Chinese President Xi Jinping made no mention of specific countries or trade conflicts in his Monday speech and portrayed Beijing as upholding globalization.
Rupert Murdoch’s property group REA ends chase to buy Rightmove after multiple rejected offers
Rupert Murdoch’s Australian property listing firm REA Group said Monday it would no longer seek to buy UK property portal Rightmove.
UK’s Rightmove rejects sweetened $8.3 billion bid from Murdoch’s REA Group
Shares in the FTSE 100 company were down about 4% at 642 pence in early trade.
DirecTV clinches long-elusive deal to combine with Dish
AT&T said on Monday it would sell its 70% stake in satellite TV service DirecTV to private equity firm TPG for $7.6 billion.
Oil markets not pricing in an ‘all-out war’ after Israel kills Hezbollah leader, but risks persist
Oil prices barely budged after Hezbollah confirmed that its leader was killed on Friday in an Israeli airstrike in the Lebanese capital of Beirut.
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
Japan’s incoming PM Ishiba calls election for Oct 27, seeks to unify party
“It is important for the new administration to be judged by the people as soon as possible,” Ishiba said at a press conference.
UK economy grew more slowly than thought but outlook improving
British economic output grew by 0.5% in the second quarter, slightly slower than previously thought, figures from the Office for National Statistics showed on Monday.
CNBC Daily Open: Shiny September days for stocks
Stocks’ defiant showing this September was helped by positive sentiment generated by the U.S. Federal Reserve’s jumbo rate cut and upbeat economic data.
