The European Central Bank left interest rates unchanged yesterday as concern that economic growth is slowing prevents it from acting against faster inflation.
Stronger growth in France and Belgium led the euro zone's third quarter economic rebound even higher than previously reported, data showed yesterday, but the economy is still heading for a slowdown.
Marks & Spencer Group Plc, the United Kingdom's biggest clothing retailer, fell the most in at least 19 years in London trading after an unexpected decline in holiday sales.
General Motors Corp planned launch of the closely watched Chevrolet Volt in 2010 will remain "a stretch" even though the automaker has not hit any snags in its development of the rechargeable electric car, the automaker's chief executive said.
Catering and services group Sodexho Alliance said fiscal 2008 got off to a strong start as the Rugby World Cup helped lift UK sales but the firm's shares sagged on fears about the outlook for its US business.
Media tycoon Rupert Murdoch has returned to the German TV market by buying a near-15 percent stake in the country's largest pay-TV broadcaster, Premiere, for 287 million euros.
Matsushita Electric Industrial Co will sell televisions in the United States that can access Google Inc's YouTube, riding on the popularity of a site where more than 100 million videos are viewed daily.
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Raymond Zhou
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