US-based Monsanto has sweetened its offer to buy Switzerland's Syngenta, valuing the company at around $47 billion as it tries to lure the Swiss firm to the negotiating table, a person familiar with the matter has said.
Many global stock markets rebounded today with world stocks, oil prices and bond yields all rising after China cut interest rates and banks' reserve requirements in a bid to kick-start its wavering economy.
Property developer Gerry Gannon has told the Oireachtas banking inquiry that his companies have built 140 family homes in the past 18 months and has plans in place for other sites in the Dublin area, The Irish Times reports.
Oil prices have resumed their downward trend today, pulled lower by weaker global stock markets and a sharp contraction in China's manufacturing activity, with the US benchmark on track for its longest weekly losing streak since 1986.
Worries of a deepening China economic slowdown have intensified after a private survey showed the factory sector shrank at its fastest rate in almost 6-1/2-years in August, hammering global stocks and commodity prices.
Chinese home prices rose for a third consecutive month in July, fuelled by a pick-up in sales and market sentiment, a rare counterpoint to a growing list of grim indicators in the world's second-largest economy.