Spain and Italy, the countries that with Portugal appear most at risk from being enveloped by debt turmoil, are leading an effort to spur more decisive action from the ECB to prevent the crisis from spreading.
Expectations that the ECB will step up government bond purchases bolstered demand at an auction of Spanish bonds, but yields far exceeded levels reached at the previous auction two months ago.
Patience Wheatcroft: The European Commission says the recovery "has been proceeding at a somewhat faster pace than expected." This effort at optimism, however, was in a statement on aid for banks.
PepsiCo announced a deal to acquire Russian dairy products and fruit-juice maker Wimm-Bill-Dann for more than $5 billion, in one of the biggest foreign investments in Russia outside the energy sector.
Executives of RBS, including former chief executive Fred Goodwin, escaped sanctions by the U.K. Financial Services Authority for their actions in the lead-up to the bank's near-collapse in 2008.
The euro-zone economy slowed sharply in the third quarter as business investment ground to a halt. Euro-zone producer prices rose again, with the pace of both the monthly and annual gains accelerating.
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Qantas Airways said it has taken measures that would allow the carrier to sue Rolls-Royce Group if a settlement can't be reached over engine failures in its A380 jetliners.
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UniCredit plans to open 900 new branches in central and eastern Europe to significantly bolster its role as the leading bank in the region.
Seven debt-panel members backed its plan for getting the U.S. fiscal house in order, setting up the prospect of action next year.
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After three years of lobbying, millions spent on promotional activity and endless pandering, the campaign to host the 2018 and 2022 World Cups will reach its conclusion this afternoon.
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The trader, whom the exchange hasn't identified, owns between 50% and 80% of the 355,750 metric tons held in LME-listed warehouses.
A scout for a U.S. petroleum research firm is one of the latest foreigners to fall afoul of Chinese laws that classify as espionage what many consider normal market research.
U.S. officials held out promise of aid to Iran if it commits to curb its nuclear program in talks next week, but WikiLeaks cables show how divisions in Tehran's leadership make progress difficult.
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Glaxo is nearing a deal to buy Nanjing MeiRui Pharma, a Chinese drug company that would boost its exposure to the fast-growing market.
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The euro moved higher ahead of the ECB's press conference, with investors hopeful that additional bond-buying measures will be announced to support under-fire debt markets.
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An FTC report calls for development of a system that would enable people to avoid having their actions monitored online, a move Internet-ad firms oppose.
In the past two months, the value of deals with the target located in Europe accounted for just 26% of the global total, according to Dealogic, the lowest level of any quarter in the past five years.
The White House's next five-year plan won't allow offshore oil drilling in the eastern Gulf of Mexico or off the Atlantic coast. Obama had said in March that the areas would be open for exploration.
While national chains often use discounts to draw crowds, many independent specialty stores compete by broadening their whimsical appeal and learn the science of understanding trend-conscious consumers.
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Edinburgh could steal a march on its southern neighbor.
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This home, only a few hundred meters from the beach, has panoramic views across the Mediterranean, stretching from the peninsula of Cap Ferrat to Monaco.
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