Eurozone business activity 'sinks in November'
Business activity in the 15 nations sharing the euro slumped in November at the fastest pace on record as a severe downturn deepened, according to a widely watched survey on Friday.
Nov. 21 (Bloomberg) -- Vivendi SA Chief Executive Officer Jean-Bernard Levy said he will continue to ``cut costs and be cautious'' as he ``has no clue'' how the current economic slump will affect the company's business.