Bloomberg Canadian economic activity remained weak through the summer and job vacancies fall, a clear sign growth has begun to sharply slow down. Gross domestic product was flat in August, preliminary data from Statistics Canada show, after gaining just 0.1% in July and June. Since April, growth has averaged just 0.1% on a monthly basis. In a separate report, ...

  Bloomberg Porsche AG gained during its trading debut after parent Volkswagen AG set the final listing price for the sports-car company at the upper limit in defiance of market upheaval. The maker of the 911 rises as much as 2.9% to €84.88 in Frankfurt, against a decline of as much as 2% in Germany’s leading DAX index. The offer ...

  Bloomberg Tremors are continuing to ripple through the UK mortgage market despite the Bank of England’s intervention to calm financial turbulence. Higher borrowing costs for lenders means the average monthly cost of a two-year fixed-rate mortgage will rise by 70% by March from January this year, Bloomberg Economics estimates. The cost of a two-year fixed-rate mortgage on an average-priced ...