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Property website Rightmove rejects £5.6 bn Murdoch bid
UK online property website Rightmove said Wednesday it had rejected a multi-billion-pound takeover offer from Australian peer REA Group, majority owned by Rupert Murdoch's News Corp empire. "REA Group runs property websites and indices across Australia, Asia and North America, so getting a dominant foothold in the UK would be very attractive," she added.
Spain PM urges EU to 'reconsider' China EV tariffs plan
Spain's Prime Minister Pedro Sanchez said Wednesday the European Union should "reconsider" a plan to impose tariffs of up to 36 percent on Chinese electric cars, calling for a "compromise" between the economic powerhouses.
Harris, Trump cross swords on China and economy in debate
US presidential hopefuls Kamala Harris and Donald Trump clashed on China and economic issues Tuesday, with the Democratic candidate saying he "sold us out" on China while the former president declared "they've destroyed the economy."
Asian markets drop on economy worries, yen rallies
Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week. Another round of sub-par US jobs data last week revived worries that the world's top economy was slowing more than expected and could be on course for a recession.
Power struggle: Serbia eyes nuclear energy to fuel future
Time stands still at Serbia's Vinca nuclear facility, where the decommissioned Yugoslav-era reactor is a testament to the fears generated by the controversial energy source. For decades, the research reactor and the surrounding facility have been stuck in another era.
Sony to release PlayStation 5 Pro on November 7
Sony said Tuesday it would launch an upgraded version of its flagship games console with better graphics and AI capabilities on November 7, calling it PlayStation 5 Pro. - 'Unleash possibilities' - Sony announced in an accompanying statement that PlayStation 5 games would be playable on the new console.
Crisis-hit Volkswagen scraps German job protection deal
Volkswagen on Tuesday axed an agreement protecting jobs in Germany that had been in place three decades, as the ailing auto titan pushes ahead with a controversial cost-cutting plan. VW had already flagged earlier that a series of agreements with employee representatives would be axed.
US Fed vice chair tones down proposals for fresh banking regulations
A senior US Federal Reserve official proposed Tuesday a number of "broad and material" changes to new banking rules, toning down plans to tighten regulation and supervision.
BMW recalls 1.5 mn cars over bad brake, cuts outlook
BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes and cut its outlook for the year, sending the German luxury carmaker's shares tumbling. Last month BMW also recalled 1.4 million vehicles in China due to faulty airbags, the country's market regulator announced.
AFP
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