Global commodities giants Xstrata and Glencore are under intense pressure to amend their proposed merger in the face of mounting shareholder opposition to the terms.
Italy's Parliament is set to approve a watershed labor law, but even the law's architect, Elsa Fornero, says its ultimate success will hinge on a deeper cultural change in Italy.
The supervision of euro-zone banks should be transferred to a European overseer, possibly the ECB, top EU officials said.
Turkey threatened military retaliation against Syrian forces near its border, as hostilities rose five days after Syria shot down a Turkish military jet.
Greece's new government picked Yannis Stournaras, a 55-year-old professor of economics, to be finance minister, replacing the previous nominee a day after he bowed out because of health problems.
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Swiss drug giant Roche said it will close a research site in New Jersey, resulting in the loss of about 1,000 jobs, in another sign that the industry is cutting investment in labs that haven't produced enough new drugs.
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German industrial manufacturer Siemens may have trouble meeting its earnings guidance this year due to "significant deterioration" in some economies, its finance chief said.
France's government will increase the minimum wage by more than inflation this year for the first time since 2006, in the hope that stronger consumption will revive the country's ailing economy.
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The Italian government agreed to lend up to $2.5 billion to Banca Monte di Paschi di Siena, Rome's first aid to banks in two years.
Two of the world's major oil- and gas-producing nations, bolstered by big Arctic discoveries in recent years, are looking to further develop one of the world's most remote regions as a more vibrant hub of exploration.
European motorists are still waiting to reap the full benefits of crude oil's recent slide as a weak euro, U.S. buying and high taxes keep gasoline prices high.
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News from The Wall Street Journal and Dow Jones Newswires
Some relief may be on the horizon for London's chronic housing shortage in the form of four master-planned developments that are moving slowly forward.
Shuffleshuffleshuffleshuffle. Hear that? It's the sound of desks being cleared in the Berlaymont, the headquarters of the European Commission.
Belgian soccer fans saw their own team eliminated from Euro 2012 in qualifying. They put their affections up for sale and were bought by the Netherlands, which exited the competition with nul points. Now what?
Hungary's central bank released new forecasts indicating that the country's economy will go into recession this year.
A day after Alexei Navalny, a popular leader of opposition protests and an anticorruption and shareholder activist was elected as independent director of Russia’s flag carrier Aeroflot, his e-mail and Twitter accounts were compromised, and an alleged hacker gave an interview to a pro-Kremlin newspaper.
BP's plan to raise nearly $40 billion by selling off those chunks of its business deemed surplus to requirement got another fillip during the past 24 hours. But we're still none the wiser about what's going on with the U.K. oil giant's stake in TNK-BP, its Russian joint venture.
Could the issuance of green bonds help tackle climate change?
They are the mighty men of tennis, so imposing that they make the first week and a half of Grand Slam tournaments seem almost insignificant.