The European Commission plans to launch legal proceedings against Germany, France, Finland and Austria to force revisions to bilateral aviation treaties with Russia, which EU authorities say violate the bloc's single-market and competition laws.
Politicians from both parties are debating ideas on taxes and spending that move talks to the right, putting pressure on the White House and Democrats to work with newly empowered Republicans.
The U.K. government is struggling to make George Osborne's plans to remove child benefit from those paying 40% tax work, writes Iain Martin.
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Exxon Mobil posted a 55% rise in profit as it benefited from stronger energy prices and refining margins in the first full quarter to include natural-gas producer XTO Energy.
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The number of U.S. workers filing new claims for jobless benefits unexpectedly fell by 21,000 to 434,000 last week -- its lowest level since July.
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In an effort to break an impasse in its pursuit of Genzyme, Sanofi-Aventis has proposed setting up a working group to examine Genzyme's experimental drug for multiple scerlosis, given the drug's uncertain sales prospects.
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German truck maker and engineering firm MAN lifted its full-year revenue and profitability targets after earnings momentum picked up in the third quarter.
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Eni said third-quarter net profit rose 39%, lifted by higher crude prices and a stronger dollar.
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Wal-Mart may scale back its planned takeover of Massmart and is now considering bidding for control of the African company to maintain its Johannesburg listing.
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The chief executive of Italy's UniCredit is brushing aside pressure from top Italian shareholders and said the bank will expand its retail and investment-banking operations in Central and Eastern Europe.
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As GM plans its IPO and readies its "road show," some bankers and analysts say the shares could reach a high enough price for the U.S. to come close to breaking even on its 2009 bailout.
Goldman Sachs looks to be in the best position to meet the new Basel III minimum targets.
The MacBook Air, Apple's light and thin laptop that went on sale last week, starting at $999, offers an iPad-like experience, with strong battery life and almost instant wake up from sleep mode.
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A deadly cholera epidemic in Haiti showed no signs of stabilizing, even as the government and aid groups scrambled to try to curb its spread.
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Royal Dutch Shell posted a 6.5% rise in third-quarter net profit, helped by higher oil and gas prices, higher output and greater cost efficiency.
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Speculation over the size and the possible impact of further U.S. quantitative easing next week pushed the dollar a little lower.
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Google said it will revamp of the way its search engine displays information about local businesses, as the Internet company seeks a greater share of advertising dollars in that growing market.
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Motorola's profit soared as it sped the release of new smartphones using Google Android software.
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After years of debate, a park opened in Tulsa that serves as the city's first major acknowledgment of a spasm of racial violence that cost scores of black citizens their lives in 1921.
"Heirloom" apples were common as far back as colonial times but today are rarely tasted. Now, a number of orchards are growing and promoting them to restaurants, distributors and grocers.
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Why is the EU drafting new budget rules? It never enforced the old ones.
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Private equity, a sector which has demonstrated its ability to take moribund businesses and improve their performance, is about to have its room to maneuver curtailed.
President Barack Obama paid a visit to "The Daily Show with Jon Stewart" yesterday. He also suggested he may amend his most famous catchphrase. A look at the interview.
Caroline Wozniacki needs one win to guarantee that she will finish the year as the No. 1-ranked women's tennis player in the world. Recent history suggests she shouldn't get too comfortable.
A blog covering Europe's technology leaders, their companies, the people and industries that support them, and their ideas. Tech Europe is edited by Ben Rooney, with contributions from staff across The Wall Street Journal, Dow Jones and others.