Brussels is preparing a new law to crack down on non-compliant imports as part of a broader effort to curtail illegal Chinese products entering the EU market. The draft proposal also includes liability for online marketplaces, a new market surveillance fee and centralised enforcement. The European Commission is preparing a new legislative proposal to close enforcement gaps that allow illegal products sold through e-commerce platforms to reach EU consumers, according to a leaked draft seen by...
US existing home sales hit weakest pace in over a year Contract closings slipped 2 per cent to an annualised rate of 3.98 million in August, as would-be buyers wait for relief on mortgage rates Sales of previously owned homes in the United States slowed last month to their weakest pace in more than a year, as would-be buyers waited for relief on mortgage rates before purchasing. Contract closings slipped 2 per cent to an annualised rate of 3.98 million in August, data released on Thursday by...