Christopher Viehbacher, Sanofi Chief, Is Ousted by Board
By DAVID JOLLY
Company shares just their biggest drop since 1999, after a warning that sales growth in Sanofi’s top-selling drug, for diabetes, was faltering.
Luke Macgregor/Reuters
Deutsche Bank offices in London.
Earnings at Germany’s largest bank had been expected to suffer after it said last week that it had set aside an additional $1.1 billion to cover legal costs.
E.U. Budget Clearance for France and Italy Comes With an Asterisk
By JAMES KANTER
A commissioner said that while the countries may not have to redraft their 2015 budgets, their filings would face tough scrutiny.
Nations Sign Pact to Share Data to Fight Tax Evasion
By ALISON SMALE
Germany, France and Britain are among 51 participants in the accord, but Switzerland is hesitant and the United States prefers to follow its own path.
DealBook
Fiat Chrysler to Spin Off Ferrari Sports Car Brand
By CHAD BRAY
Fiat plans to list about 10 percent of Ferrari’s shares and distribute the remaining stake to its shareholders some time next year. It will be the first time Ferrari has been independent since the late 1960s.
Tesco Accounting Scandal Draws Scrutiny of Serious Fraud Office in Britain
By JENNY ANDERSON
The agency has begun a criminal investigation into accounting irregularities at Tesco, adding to the woes of Britain’s largest retailer.
Proposed Internet Tax Draws Hungarians to Streets in Protest
By RICK LYMAN
Under a bill proposed by the government, data traffic would be taxed at the rate of about 62 cents a gigabyte. Critics say it seeks to limit access to independent sources of news.
DealBook
Hong Kong Ready for Trading Link With Shanghai
By ALEXANDRA STEVENSON
The head of Hong Kong’s stock market regulator said that his agency had done all it needed to do to start the project, suggesting delays were coming from mainland China.
DealBook
Shell Midstream Partners Raises $920 Million in New York I.P.O.
By CHAD BRAY
The limited partnership, which owns stakes in a group of pipelines primarily in Louisiana and Texas, sold 40 million shares in the offering.
Fed Plans Next Phase as End to Stimulus Program Is Expected
By BINYAMIN APPELBAUM
The Federal Reserve is expected to announce the end of its last round of quantitative easing, a move that markets have anticipated for nine months.
China Can Cut Economic Growth Target in 2015, World Bank Says
By REUTERS
China can afford to cut its 2015 economic growth target to 7 percent and still keep its labor market healthy, the World Bank said Wednesday.
Online Security Experts Link More Breaches to Russian Government
By NICOLE PERLROTH
Researchers say hackers have for seven years been using sophisticated techniques to break into computer networks around the world.
Total’s Profit Hit by Drop in Oil Prices
By THE ASSOCIATED PRESS
French oil company Total SA says its earnings dropped in the third quarter due to the falling global price of oil.
Facebook to Spend Billions on Future
By VINDU GOEL
Third-quarter results were strong, but the co-founder’s focus on long-term bets is making Wall Street nervous.
Economic Pain Looms Large for Iranians in Nuclear Negotiations
By THOMAS ERDBRINK
President Hassan Rouhani has pledged a bright economic future to follow the lifting of sanctions, but his promises are starting to ring hollow as talks stall.
Oil & Money: A Special Report
Mexico’s State-Owned Oil Giant, Pemex, Is in Uncharted Waters
By ELISABETH MALKIN
Pemex hopes to shed its reputation as a lumbering oil monopoly and to remake itself into a modern company that can compete with the world’s biggest firms.
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Clock Is Ticking for Oil and Gas Industry in Britain
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The ‘Russification’ of Oil Exploration
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Biogas, a Low-Tech Fuel With a Big Payoff
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As Abu Dhabi Sizes Up Oil Partners, Western Firms Risk Being Left Out
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Generating Power From Tidal Lagoons
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Beijing Zeroes In on Energy Potential of South China Sea
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Europe Strives to Overcome Its Reliance on Russian Gas
Insight and Analysis
Climate Change Concerns Push Chile to Forefront of Carbon Tax Movement
By KATE GALBRAITH
The measure, which is to take effect in 2018, will cover about half of the nation’s carbon emissions and is being hailed as a robust response to climate change.
Bits Blog
Taxes on Information Technologies Threatening Economic Growth, Report Says
By GEORGI KANTCHEV
Especially in developing countries, the taxes are slowing corporate productivity and e-commerce, according to a nonpartisan research group in Washington.
DealBook Column
Hillary Clinton’s Comment on Jobs Raises Eyebrows on Wall St.
By ANDREW ROSS SORKIN
A comment by the presumptive 2016 presidential candidate that corporations don’t create jobs causes unease among some of Mrs. Clinton’s business allies.
Inside Europe
10 Years in a Tempest of E.U. Politics
By PAUL TAYLOR | REUTERS
As José Manuel Barroso spends his last few days at the helm of the European Union's often maligned executive arm, he reflects on his legacy.
Bill Ackman and His Hedge Fund, Betting Big
By ALEXANDRA STEVENSON and JULIE CRESWELL
Whether fighting a corporate takeover war or buying a top-of-the-world apartment, the chief of Pershing Square Capital Management doesn’t hold back.
Deutsche Bank’s fixed income wager yet to pay off
October 29, 2014,
Sky-high valuations no match for earnings reality
October 28, 2014
UBS' legal pain is beginning to look manageable
October 28, 2014
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