Solar-equipment maker GCL-Poly Energy is selling its core business to two buyers—one of which is controlled by its chairman—for $1.3 billion as it tries to get out from under heavy debt.
Holcim said it has received a final payment of roughly $100 million from Venezuela, completing compensation tied to the nationalization of its cement operations in the South American country.
Reserve Bank of India Governor Raghuram Rajan will likely ignore calls for a rate cut and leave lending rates unchanged in Tuesday’s policy meeting, economists say.
Abreast of the Market: Energy stocks are on sale following a five-month plunge in crude oil, but so far few investors are heeding the temptation to bargain-hunt.
Federal and state regulators are ramping up plans to train bank examiners about cybersecurity risks at a time when the financial institutions they oversee face growing threats from hackers.
The fanfare around the Stock Connect link has helped turned U.S. investors into enthusiastic buyers of Chinese stocks. In Hong Kong, though, people are selling.
Japan’s economy may have contracted in the third quarter but probably not by as much as surprising preliminary data showed last month, a key survey of business spending suggests.
Israeli Prime Minister Benjamin Netanyahu faces sinking approval ratings and tepid enthusiasm for a possible campaign for a fourth term, according to a public-opinion poll published on Sunday.
The Edition chain of boutique hotels, a collaboration between industry odd couple Marriott and hotel impresario Ian Schrager appears to be on a roll despite the partners’ differences.
A boot-camp-like program to help startups get started is increasingly focused on bitcoin, helping entrepreneurs focused on the virtual currency develop business plans and connect with potential investors.
An energy company partly owned by a friend of President Putin has spent at least $280,000 in part to oppose a Senate bill that seeks to broaden U.S. economic sanctions against Russia for invading Ukraine.
Samsung announced annual management changes at its business units on Monday but said top executives at its flagship unit Samsung Electronics Co. will remain in their current positions as the company seeks to reverse recent profit declines.
Swiss voters overwhelmingly rejected an initiative that would have forced the central bank to hold a fifth of its assets in gold, which would have eroded its ability to conduct monetary policy.
Europe File: Politicians, policy makers, economists and commentators have spent five years debating where to find the ‘big bazooka’ that will draw a line under European currency union’s debt woes.
Swiss voters rejected an initiative that would have ended tax breaks for wealthy foreigners and drained revenue from many small towns that cater to them.
America’s doughnut chain has had to embrace a hard truth in India: Many consumers there just don’t like doughnuts, and even the ones that like them are unlikely to buy them by the dozen. So Dunkin’ now serves up a range of beef-free burgers.
via WSJ.com: World News http://online.wsj.com/articles/dipping-into-india-dunkin-donuts-changes-menu-1417211158?mod=fox_australian
Nicolas Sarkozy rushed to bolster support for his election as chairman of France’s conservative UMP party after failing to garner the landslide victory expected of the country’s former president.
Former president Tabaré Vázquez claimed victory in Uruguay’s presidential election on Sunday after several exit polls indicated he had beaten rival Luis Alberto Lacalle Pou, who conceded.
An energy company partly owned by a friend of President Putin has spent at least $280,000 in part to oppose a Senate bill that seeks to broaden U.S. economic sanctions against Russia for invading Ukraine.
Amid the rise of Islamic State, thousands of Iraqis who served the U.S. and wish to immigrate there are in a state of limbo since the State Department, citing security concerns, suspended refugee processing in Baghdad.
The Outlook: Exporting nations are feeling the hit as the China-fueled commodities boom slows. Sluggish demand and falling commodity prices are reducing government tax revenue, increasing trade deficits and affecting currency values.
via WSJ.com: US Business http://online.wsj.com/articles/chinas-slowdown-hits-price-of-iron-ore-1417371967?mod=pls_whats_news_us_business_f
The Outlook: Exporting nations are feeling the hit as the China-fueled commodities boom slows. Sluggish demand and falling commodity prices are reducing government tax revenue, increasing trade deficits and affecting currency values.
via WSJ.com: World News http://online.wsj.com/articles/chinas-slowdown-hits-price-of-iron-ore-1417371967?mod=fox_australian
In photos selected by Wall Street Journal editors, “Black Friday” mayhem arrives in the U.K., ritual sacrifices mark a Nepalese Hindu festival, a mother fears for the fate of her kidnapped son, and more.
via WSJ.com: World News http://online.wsj.com/articles/photos-of-the-day-nov-28-1417209971?mod=fox_australian
Among photos selected by Wall Street Journal editors, Moscow’s Red Square gets festive, brides don sneakers for a run in Thailand, a town celebrates its monkeys, and more.
via WSJ.com: World News http://online.wsj.com/articles/photos-of-the-day-nov-30-1417388610?mod=fox_australian
The Afghan capital has become the focus of a violent campaign by Taliban insurgents seeking to exploit the new government’s continuing infighting and drive out the country’s foreign backers.
via WSJ.com: World News http://online.wsj.com/articles/taliban-heat-up-battle-in-kabul-1417385209?mod=fox_australian
The drubbing Taiwan’s ruling party took in local elections looks set to complicate the island’s economically robust but politically fraught relations with China in the coming years.
via WSJ.com: World News http://online.wsj.com/articles/taiwan-election-results-set-to-complicate-relations-with-china-1417366150?mod=fox_australian
Altice SA has reached a deal with Brazil’s Oi SA to buy PT Portugal for €7.4 billion, according to a person familiar with the matter.
via WSJ.com: US Business http://online.wsj.com/articles/altice-sa-reaches-deal-with-oi-sa-to-buy-pt-portuga-1417382143?mod=pls_whats_news_us_business_f
Freeport-McMoRan is nearing a settlement to resolve allegations its board and executives had conflicts of interest while negotiating the natural-resource company’s purchase of two affiliates last year.
via WSJ.com: US Business http://online.wsj.com/articles/freeport-mcmoran-nears-settlement-over-mcmoran-plains-deals-1417379391?mod=pls_whats_news_us_business_f
Pilots at Germany’s flagship carrier Lufthansa announced a fresh round of strikes for Monday and Tuesday to resist the airline’s efforts to cut retirement benefits, the pilots union said.
via WSJ.com: US Business http://online.wsj.com/articles/lufthansa-pilots-to-strike-monday-and-tuesday-1417350739?mod=pls_whats_news_us_business_f
TPG Capital is selling its stake in China Grand Automotive Services Co., the country’s largest auto dealer by sales, for nearly $700 million to an investor group led by China’s Haitong International Securities Group Ltd.
via WSJ.com: US Business http://online.wsj.com/articles/tpg-capital-selling-stake-in-china-grand-auto-to-investor-group-for-nearly-700-million-1417342296?mod=pls_whats_news_us_business_f
Retail spending over the Thanksgiving weekend fell 11%, according to the National Retail Federation, in part because promotions began well ahead of the holiday.
via WSJ.com: US Business http://online.wsj.com/articles/holiday-weekend-retail-sales-sink-11-1417376714?mod=pls_whats_news_us_business_f
‘Penguins of Madagascar,’ the latest release from DreamWorks Animation, grossed an estimated $36 million over the five-day holiday weekend, landing in second place behind ‘Hunger Games.’
via WSJ.com: US Business http://online.wsj.com/articles/penguins-trail-hunger-games-at-the-box-office-1417376270?mod=pls_whats_news_us_business_f
The cargo unit of German state railway Deutsche Bahn is claiming damages of potentially more than $3 billion from 13 airlines for colluding to inflate air-freight fees, senior Deutsche Bahn executives said.
via WSJ.com: US Business http://online.wsj.com/articles/deutsche-bahn-to-claim-damages-of-more-than-3-billion-over-air-cargo-cartel-1417361801?mod=pls_whats_news_us_business_f
Car-hailing service Uber Technologies argued that a new French law governing car-service apps is unconstitutional, an effort to block an emergency lawsuit that could end up banning one of the company’s main services in France.
via WSJ.com: World News http://online.wsj.com/articles/french-court-verdict-on-uber-ban-in-two-weeks-1417188208?mod=fox_australian
Colombian rebels on Sunday morning freed an army general and his two companions who were captured two weeks ago, officials said, in a move that is crucial for the advancement of peace negotiations in this South American country.
via WSJ.com: World News http://online.wsj.com/articles/colombian-rebels-release-army-general-and-two-companions-1417359191?mod=fox_australian
Pope Francis met with refugees fleeing violence in the Middle East and issued a strong call for Christian unity in the face of Islamic extremism, ending a three-day visit to Turkey.
via WSJ.com: World News http://online.wsj.com/articles/pope-francis-wraps-up-turkey-trip-with-refugee-meetings-1417357501?mod=fox_australian
Nearly 7,000 people have died from the Ebola virus disease in the three West African countries most affected by the current outbreak, according to new data from the WHO.
via WSJ.com: World News http://online.wsj.com/articles/ebola-death-toll-in-three-west-african-countries-most-hit-by-virus-nears-7-000-1417346630?mod=fox_australian
Student leaders in Hong Kong called on protesters to blockade government offices Sunday night, bringing a new, assertive element to pro-democracy demonstrations going into their third month with little sign of resolution.
via WSJ.com: World News http://online.wsj.com/articles/hong-kong-student-leaders-call-for-sunday-night-action-1417328383?mod=fox_australian
Tony Abbott suffered a major setback to his reform ambitions after the prime minister’s governing Liberal party lost control of Victoria, Australia’s second-most populous state.
via WSJ.com: World News http://online.wsj.com/articles/australias-prime-minister-abbott-suffers-setback-as-labor-wins-victoria-election-1417302376?mod=fox_australian
Economic prospects are flagging across Europe, Japan and big emerging markets such as India, a turn that presents fresh challenges to the relatively robust U.S. economy.
via WSJ.com: Markets http://online.wsj.com/articles/fresh-signs-of-global-slump-challenge-u-s-1417221963?mod=rss_markets_main
The British prime minister unveiled proposals to curb the flow of people coming to the U.K. from other European countries, in a move some analysts say could result in Britain moving closer to an exit from the European Union.
via WSJ.com: World News http://online.wsj.com/articles/u-k-s-cameron-pushes-benefit-restrictions-for-eu-migrants-1417177031?mod=fox_australian
Dozens of people have been killed in clashes between rival tribes in Sudan’s West Kordofan state, officials said, in the latest security scare to hit the country’s restive oil-producing region.
via WSJ.com: World News http://online.wsj.com/articles/dozens-killed-in-sudan-clashes-1417173832?mod=fox_australian
A team of agricultural specialists and customs officers are manning their posts at JFK airport, making use of floppy-eared beagles to sniff out contraband and a massive industrial grinder to destroy it.
via WSJ.com: World News http://online.wsj.com/articles/at-jfk-airport-peruvian-potatoes-pack-a-peck-of-problems-1417126585?mod=fox_australian
Europe escalated its war against U.S. technology superpowers as the Continent’s two largest economies and the European Parliament backed efforts to rein in the influence of Apple, Facebook and Google.
via WSJ.com: World News http://online.wsj.com/articles/french-german-officials-call-for-fresh-look-at-internet-giants-1417110508?mod=fox_australian
Returning from the political wilderness, former French President Nicolas Sarkozy has taken a big step toward a possible re-election bid by winning the leadership of the UMP conservative party.
via WSJ.com: World News http://online.wsj.com/articles/sarkozy-wins-leadership-of-french-conservative-party-1417289789?mod=fox_australian
Pope Francis further demonstrated his commitment to improving relations between Christians and Muslims, as he prayed in Istanbul’s historic Blue Mosque and visited the Hagia Sophia.
via WSJ.com: World News http://online.wsj.com/articles/pope-francis-prays-in-mosque-in-sign-of-commitment-to-christian-muslim-relations-1417282839?mod=fox_australian
Spanish Prime Minister Mariano Rajoy, in his first appearance in Catalonia since the region held a symbolic vote on independence, tried to rally unionists while dismissing the regional leader’s 18-month road map.
via WSJ.com: World News http://online.wsj.com/articles/spains-rajoy-rails-against-catalan-bid-for-independence-1417278047?mod=fox_australian
Moldova’s top court has upheld a decision to bar a pro-Russian party from competing in this weekend’s elections on the grounds it illegally received funding from abroad.
via WSJ.com: World News http://online.wsj.com/articles/moldovan-high-court-upholds-election-ban-on-pro-russian-party-1417277929?mod=fox_australian
A volcano in southern Japan blasted out chunks of magma Friday in the first such eruption in 22 years, causing flight cancellations and prompting warnings to stay away from its crater.
via WSJ.com: World News http://online.wsj.com/articles/mount-aso-volcano-eruption-disrupts-flights-in-japan-1417157515?mod=fox_australian
Bahraini voters returned to the polls Saturday for a runoff election—boycotted by the opposition—for the tiny island nation’s first new parliament since widespread Arab Spring-inspired protests nearly four years ago.
via WSJ.com: World News http://online.wsj.com/articles/bahrain-voters-cast-ballots-in-runoff-election-1417266805?mod=fox_australian
The Taliban claimed responsibility for an attack on a foreign guesthouse in western Kabul, the latest in a string of bombings and gunbattles in the Afghan capital.
via WSJ.com: World News http://online.wsj.com/articles/taliban-claim-latest-kabul-attack-1417265084?mod=fox_australian
Brisbane, Australia’s third-largest city, was lashed by its worst storm in decades, with wind, rain and hail lifting roofs, cutting power lines, flooding streets and injuring a dozen people, officials said.
via WSJ.com: World News http://online.wsj.com/articles/worst-storm-in-years-lashes-brisbane-australia-1417144643?mod=fox_australian
The Taliban claimed responsibility for a suicide car bomb that targeted a British Embassy vehicle in Kabul, killing at least five, including a U.K. national. The bombing was followed by a separate, sustained attack in Kabul’s diplomatic quarter.
via WSJ.com: World News http://online.wsj.com/articles/taliban-claims-credit-for-kabul-car-bomb-that-kills-at-least-five-1417080578?mod=fox_australian
Pilots at Deutsche Lufthansa AG late Friday said fresh strikes were impending after the most recent round of talks between the airline and its pilots over retirement benefits broke down.
via WSJ.com: US Business http://online.wsj.com/articles/lufthansa-pilots-warn-of-strikes-after-talks-with-airline-break-down-1417242532?mod=pls_whats_news_us_business_f
The streets of Mong Kok returned to quiet Saturday, after overnight clashes between police and protesters in that area of Hong Kong, which earlier in the week had been cleared of a two-month-long demonstration site.
via WSJ.com: World News http://online.wsj.com/articles/hong-kong-protestors-continue-to-occupy-mong-kok-area-1417222667?mod=fox_australian
An Egyptian court dismissed murder charges against former Egyptian President Hosni Mubarak over the killing of protesters during a 2011 uprising against his autocratic rule.
via WSJ.com: World News http://online.wsj.com/articles/egypt-court-dismisses-murder-charges-against-former-president-hosni-mubarak-1417255555?mod=fox_australian
Taiwanese voters have headed to the polls in local elections, with Beijing watching closely for signs the ruling party it prefers to deal with is losing its political grip.
via WSJ.com: World News http://online.wsj.com/articles/taiwan-voters-head-to-polls-as-china-watches-on-1417245952?mod=fox_australian
European Central Bank executive board member Sabine Lautenschlaeger has signaled she would oppose having the ECB purchase government bonds of eurozone countries unless there was a clear threat of deflation.
via WSJ.com: World News http://online.wsj.com/articles/ecbs-lautenschlaeger-opposes-government-bond-purchases-1417257394?mod=fox_australian
The City of London doesn’t have an especially severe cultural problem, says Lord Mayor Alan Yarrow, maintaining that any such notion has been planted by rival cities that want to win back business from the U.K.’s financial center.
Amid jitters over whether holiday shoppers can give the economy a year-end lift, here’s an unexpected cause for optimism: Americans aren’t feeling the need to save as much.
Amid jitters over whether holiday shoppers can give the economy a year-end lift, here’s an unexpected cause for optimism: Americans aren’t feeling the need to save as much.
Entertainment jobs in Los Angeles County have rebounded, but local feature-film production remains almost a third below the 10-year peak it reached in 2005.
As storm season comes to an end with Florida enjoying its modern-day record ninth consecutive season without a hurricane making landfall, many residents of the Sunshine State may not want to breathe easy just yet. Call it the calm before the potential storm.
China Overseas Shipping Group’s investment in the port of Piraeus outside of Athens ranks as one of the most successful Greek privatizations in recent decades.
European Commission President Jean-Claude Juncker survived a no-confidence vote Thursday over his involvement in controversial tax practices in his native Luxembourg, but scrutiny of his role shows little sign of letting up.
Pressure is building on Venezuela’s government to fully investigate a rising number of deaths at an overcrowded prison, with human-rights activists questioning authorities’ claim of a mass drug overdose by dozens of inmates who stormed an infirmary.
Venezuelan President Nicolás Maduro announced plans on Friday to cut public spending, beginning with his own salary, as the price of oil continues its slump.
China’s plan to shake up its state-dominated banking system could backfire, as millions of Chinese savers face the prospect of the country allowing its local banks to fail.
In photos selected by Wall Street Journal editors, “Black Friday” mayhem arrives in the U.K., ritual sacrifices mark a Nepalese Hindu festival, a mother fears for the fate of her kidnapped son, and more.
After canceling more than 750 flights on Wednesday, a busy travel day before the Thanksgiving holiday, due to snow, rain and winds across the East Coast, airlines were operating close to normal on Friday.
Airbus said it sold $990 million worth of shares in French defense and private jet manufacturer Dassault Aviation back to the company and has plans to further decrease its stake by mid-2015.
As tough competition leads retailers to open earlier on Thanksgiving Day, consumers are evolving in kind with the rise of the marathon Black Friday shopper.
Two high-ranking army officers, a policeman and at least one protester were killed here on Friday amid scattered protests, as an Islamist group’s call for mass anti-government demonstrations fizzled.
The pope demanded respect for religious freedom on the first day of his trip to Turkey, a call that will resonate particularly with Christians who say they suffer discrimination in a country where Islam has reasserted itself in the public sphere.
Brazil’s fiscal picture improved in October, but was still a far cry from the government’s early forecasts and an indication of hard times to come as a new economic team gears up to fix the situation.
Car-hailing service Uber Technologies argued that a new French law governing car-service apps is unconstitutional, an effort to block an emergency lawsuit that could end up banning one of the company’s main services in France.
Argentina accused three HSBC units of helping more than 4,000 Argentine citizens avoid paying taxes on money they allegedly hid in secret Swiss bank accounts.
U.S. auto-safety regulators are demanding Chrysler Group expand its recall of potentially defective Takata Corp. air bags nationwide and begin notifying customers of the new campaign by Monday.
GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.
British shareholder-advisory group PIRC has recommended that BG Group PLC investors reject a controversial share award company’s incoming chief executive, in one of the biggest revolts against executive pay in the U.K. in recent years.
Car-hailing service Uber Technologies Inc. argued that a new French law governing car-service apps is unconstitutional; an effort to block an emergency lawsuit that could end up banning one of the company’s main services in France.
One of four Indian friends suspected this year of traveling to Iraq to support the Islamic State insurgent group has returned home and is being questioned about his travels.
India’s economic expansion slowed last quarter to 5.3%, weighed down by weak industrial demand, sparking concern that the budding recovery of Asia’s third-largest economy already may be losing momentum.
Malaysia’s national oil-and-gas company Petronas said it is reviewing its spending plans for next year after reporting a 14% decline in third-quarter net profit on falling crude prices, even as it increased output.
Malaysian Airline System Bhd., parent of flag carrier Malaysia Airlines, swings to a wider net loss in third quarter as it prepares to be privatized after losing two aircraft this year, leaving 537 people either dead or missing
Medical-device maker Medtronic secured European Union approval for its $43 billion merger with rival Covidien of Ireland, subject to conditions, two days after U.S. authorities cleared the deal.
European Union authorities have warned France, Italy and Belgium that their budget plans for next year are at risk of missing EU targets, but didn’t demand further cuts from the three countries.
British Prime Minister David Cameron unveiled proposals designed to curb the flow of people coming to the U.K. from other European countries, in a move some analysts say could result in Britain moving closer to an exit from the European Union.
Dozens of people have been killed in clashes between rival tribes in Sudan’s West Kordofan state, officials said, in the latest security scare to hit the country’s restive oil-producing region.
Thailand’s military-appointed parliament said it would begin impeachment hearings against former Prime Minister Yingluck Shinawatra in January over her controversial rice-subsidy program.
South America’s biggest economy remained a shadow of its former self as low investment, timid consumer spending and rising interest rates continued to stifle growth.
Novartis said an important new drug for treating heart failure has been granted an accelerated review by European authorities, improving its chances of approval in Europe next year.
The number of people without jobs in the eurozone rose for the second straight month in October, while the annual rate of inflation fell further below the European Central Bank’s target in November, increasing the likelihood policy makers will soon take more aggressive stimulus measures.
Thousands of workers, students and pensioners marched through central Athens as part of a 24-hour nationwide general strike called by the country’s two biggest unions to protest against the government’s austerity program.
Ukraine’s parliament voted to keep pro-Western economist Arseniy Yatsenyuk in his role as prime minister, taking the first step in forging a new government.
Prime Minister David Cameron on Friday will say he wants to introduce tough restrictions on the welfare benefits that European Union nationals can receive in Britain to reduce growing immigration from the continent.
France and Germany showed signs of economic divergence in October as German retail sales rose at their fastest monthly pace in more than three years and French consumer spending dropped sharply and unexpectedly.
A volcano in southern Japan blasted out chunks of magma Friday in the first such eruption in 22 years, causing flight cancellations and prompting warnings to stay away from its crater.
Israel said it uncovered a network of Hamas militants in the West Bank, part of what security authorities say is a push by the Palestinian Islamist group to revive attacks beyond the Gaza Strip.
The financial crisis and its aftermath have revived interest in gold as a monetary policy instrument, especially in Europe, where central banks face public pressure to buy gold or bring back home what they hold overseas.
Ahead of the Tape: December’s ‘Santa Claus rally’ appears to have gotten better with age, as the past five years have seen the S&P 500 gain nearly 2.5% on average during the month.
A team of agricultural specialists and customs officers are manning their posts at JFK airport, making use of floppy-eared beagles to sniff out contraband, and a massive industrial grinder to destroy it.
OPEC members agreed to stick to the oil-producer group’s existing output target—a move that would require modest cuts in production but which stops well short of the stronger action some members had called for to bolster prices.
Brisbane, Australia’s third-largest city, was lashed by its worst storm in decades, with wind, rain and hail lifting roofs, cutting power lines, flooding streets and injuring a dozen people, officials said.
The Taliban claimed responsibility for a suicide car bomb that targeted a British Embassy vehicle in Kabul, killing at least five, including a U.K. national. The bombing was followed Thursday evening by a separate, sustained attack in Kabul’s diplomatic quarter.
Taiwanese vote this weekend in local elections that come amid public unease over Taiwan’s domestic affairs and that are being watched by China for signs the ruling party it prefers to deal with is losing its political grip.
National Institutes of Health researchers reported that a possible vaccine for the Ebola virus appears to be safe in early testing and that a clinical study in West Africa can proceed as planned late this year or in early 2015.
French and German officials called on EU officials to take a fresh look at the competitive and tax behaviors of big U.S. Internet companies in a push for greater regulation.
European politicians are poised to approve a new generation of lower-cost rockets, partly in response to competition from U.S. launch providers, government and aerospace-industry officials on both sides of the Atlantic say.
Honda recalled a batch of Accord passenger cars in 2002 for Takata Corp. air bags at risk of rupturing, well before the company has said it first learned of injuries.
China’s central bank is readying a plan to set up a bank deposit-insurance system that would pave the way for eventually allowing banks to freely compete for depositors.
Greece may extend its current bailout program with its eurozone partners for a few weeks after two days of talks with international creditors failed to reach a deal that would lead to a new contingent credit line for the country.
Two girls found hanged in a mango tree this year in rural India weren’t raped and murdered, a government probe has concluded—but killed themselves in a suicide pact.
With the Hong Kong protests approaching the end of their second month and the Mong Kok protest site cleared, students at the helm of the pro-democracy demonstrations say they are considering moving from the streets to government buildings.
The German chancellor said sanctions will remain in place, as NATO said it wasn’t ruling out increasing its support to Ukraine, including potential delivery of lethal weapons.
Chinese collector Liu Yiqian bought a 600-year old Imperial embroidered silk thangka at a Christie’s sale for $45 million, setting a record for a Chinese work of art sold by an international auction house.
Europe’s reaction to the rioting in the Missouri town of Ferguson reflects a common theme on the continent: that America’s human-rights record excludes its African-American minority.
The European Parliament overwhelmingly approved a resolution that calls for a possible breakup of Google, brushing aside last-minute objections from the U.S. Congress.
Tens of thousands of Greek public workers walked off the job on Thursday as part of a 24-hour nationwide general strike called by the country’s two biggest unions to protest against the government’s reform and austerity program.
Members of a pro-Western coalition agreed to keep economist Arseniy Yatsenyuk as prime minister as parliament met for the first time since a snap election last month.
The European Parliament overwhelmingly approved a resolution that calls for a possible breakup of Google Inc., brushing aside last-minute objections from the U.S. Congress that the move risked politicizing an antitrust investigation.
Two companies owned by Mexican billionaire Carlos Slim will invest up to 700 million euros ($875.4 million) in FCC in exchange for 25.6% of the debt-laden Spanish builder.
A Chinese diplomat said the lack of an extradition treaty with the U.S. and the prejudices of some Western officials are hampering China’s efforts to retrieve fugitives involved in corruption cases and their assets.
British Prime Minister David Cameron’s efforts to curb the flow of immigration suffered a major blow as official statistics showed that more than a quarter of a million more people came to Britain than left in the year to June.
Hong Kong police have cleared the most volatile protest site and arrested several student leaders in a 24-hour operation that marked a new phase in the two-month long occupation.
The European Central Bank on Thursday gave the region’s financial system its cleanest bill of health since the global financial crisis began seven years ago, although it warned that “generally ebullient” sentiment masks a weak economy.
Tokyo Gov. Yoichi Masuzoe is attempting to turn the world’s largest city into an incubator for a more-focused version of Prime Minister Shinzo Abe’s pro-growth policies, with the aim of surpassing Hong Kong and Singapore as Asia’s financial hub.
The outcome of a crucial OPEC meeting remained unclear as ministers from the oil producing-group gathered at its Vienna headquarters amid a continuing fall in global oil prices.
Security authorities said they uncovered a network of Hamas militants in the West Bank that sought to carry out attacks on Israelis, which was spearheaded from the group’s base in Turkey and recruited in Jordan.
A coal-mine fire in northeastern China killed 26 workers and left 50 others injured on Wednesday, state media said, in one of the worst accidents so far this year in the country’s accident-prone mining industry.
A panel of U.K. lawmakers has recommended that Scotland’s parliament be given new powers to levy taxes, a further step toward greater autonomy for the nation that only narrowly voted to stay in the U.K. in September.
Prime Minister Najib Razak said Thursday he is retaining the country’s sedition law, a colonial-era prohibition on government criticism popular within his own party but criticized by human-rights advocates.
Spain’s health minister resigned after a judge said she benefited from an alleged kickback scheme that has hurt the governing party and made corruption a leading issue in elections set for next year.
Australia’s conservative government is battling to keep its promise to contain federal spending, with fierce opposition to proposed budget cuts heaping pressure on Prime Minister Tony Abbott to reshape his inner circle or risk becoming a one-term leader.
Mexican President Enrique Peña Nieto appears to have made use of a second house belonging to a company that won government construction contracts under his watch.
The Philippine economy in the third quarter grew at its slowest pace in nearly three years, likely steering annual growth off the government’s target and nudging the central bank to further delay tightening of monetary policy.
Coca-Cola and SABMiller have struck a new multimillion-dollar brand and bottling deal as the companies, two of the world’s biggest drinks makers, eye a bigger share of the African beverage market.
Rémy Cointreau said net profit fell 25% in the first half of its financial year as the French drinks maker continues to battle a slump in demand from Chinese consumers.
North Korean state media named dictator Kim Jong Un’s younger sister Kim Yo Jong as a senior party official, giving weight to the theory that she is rising through the ranks of power to support her brother’s reign.
In photos selected by Wall Street Journal editors on Tuesday, Kashmiris line up to vote, a demonstrator sits in front of a street fire in Oakland, a man demonstrates the motion in his transplanted arm in Boston, and more.
National Institutes of Health researchers reported that a possible vaccine for the Ebola virus appears to be safe in early testing and that a clinical study in West Africa can go ahead as planned late this year or in early 2015.
The Australian government Thursday issued a number of recommendations aimed at tightening regulation around the rules for foreign purchases of houses and apartments.
Maria Corina Machado will be formally charged for what prosecutors are saying is her role in an alleged plot to kill President Nicolas Maduro, months after government critics dismissed the accusations as trumped up to silence the administration’s foes.
Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.
Avanir Pharmaceuticals, which previously said the FDA had questions about “human factor” study data for a migraine treatment, said it will provide new data.
Standard General has agreed to give up some of its potential stake in a recapitalized RadioShack in exchange for four board seats, a move that could help the struggling electronics chain stave off a bankruptcy filing.
Salesforce.com gave Chief Executive Marc Benioff a nearly 8% raise in salary and target bonus and awarded him stock options with an indicated value of roughly $33 million.
Real-estate investment trust American Realty Capital Properties Inc. said Wednesday that its board hasn’t yet determined when its annual shareholders meeting will take place.
China’s World: China exaggerates America’s weaknesses; America hypes China’s ascent. Both views are out of synch with reality—but they could prove a combustible mix.
German Chancellor Angela Merkel accused Russia of violating Europe’s peaceful order, insisting that economic sanctions against the country remain inevitable due to its actions in Ukraine.
European Commission President Jean-Claude Juncker launched a plan aimed at enticing pension funds, insurance companies and other major investors to finance cross-border European infrastructure projects.
Indian authorities ordered the culling of about 200,000 ducks and chicken after an outbreak of a highly-infectious bird flu virus--as the government sought to prevent it from spreading to humans.
Thailand’s exports in October showed the strongest growth in almost two years, giving much-needed support to the ruling military in its year-end push to boost the economy.
Chinese collector Liu Yiqian bought a 600-year old Imperial embroidered silk thangka at a Christie’s sale for $45 million, setting a record for a Chinese work of art sold by an international auction house.
European Commission President Jean-Claude Juncker launched a plan Wednesday aimed at enticing pension funds, insurance companies and other major investors to finance cross-border European infrastructure projects.
A Chinese diplomat said the lack of an extradition treaty with the U.S. and the prejudices of some Western officials are hampering China’s efforts to retrieve fugitives involved in corruption cases and their assets.
Foreign organizations, companies and individuals will be able to buy houses and apartments in Vietnam, which is trying to revive its real-estate market and attract outside investment.
In photos chosen Monday by Wall Street Journal editors, Defense Secretary Chuck Hagel announces his retirement, villagers organize belongings after an earthquake in Japan and Tunisian electoral officials count votes.
Egypt needs further subsidy reform to reduce its budget deficit even as recent efforts at an economic overhaul are starting to bear fruit, the International Monetary Fund said.
Online retailer Zalando said third-quarter revenue surged 24%, boosted by growth in non-German speaking parts of Europe and as cost improvements helped boost profitability.
Hong Kong police have cleared the most volatile protest site in the city and arrested several student protest leaders in an aggressive 24-hour operation that marked a new phase in the two-month long occupation.
Shareholders have become more assertive in challenging CEOs since the financial crisis. How chief executives respond has become a new measure of their mettle.
Samsung Group will sell controlling stakes in chemical and defense units for $1.7 billion as South Korea’s largest conglomerate continues restructuring moves ahead of an expected leadership succession.
The worst drought in roughly a century is parching Brazil’s São Paulo state, the country’s economic powerhouse, but the water shortage has produced a gusher of sales for companies selling temporary relief.
Tokyo Gov. Yoichi Masuzoe is attempting to turn the world’s largest city into an incubator for a more-focused version of Prime Minister Shinzo Abe’s pro-growth policies, with the aim of surpassing Hong Kong and Singapore as Asia’s financial hub.
A member of the Bank of Japan’s policy board whose vote helped tip the scales in favor of recent action says the latest stimulus was justified to keep inflation on track toward its target and deliver on the bank’s commitment to act when necessary.
A coal-mine fire in northeastern China killed 24 workers and left 52 others injured, Chinese state media said, in one of the worst accidents so far this year in the country’s accident-prone mining industry.
Protests resumed across the nation Tuesday, marking the second night of demonstrations following the decision by a grand jury not to indict a Ferguson, Mo., police officer in the shooting death of a black teenager.
The government of Liberia on Thursday lifted a state of emergency in the hopes that Ebola was lessening there, even as a new case in neighboring Mali showed how the epidemic is shifting.
The Environmental Protection Agency is planning to announce Wednesday a sweeping federal air-pollution standard limiting ground-level ozone, or smog, in the atmosphere, according to people familiar with the plan.
Russia’s oil czar said the country wouldn’t reduce oil production to support prices, raising the stakes ahead of a crunch summit of the Organization of the Petroleum Exporting Countries on Thursday.
Missouri’s governor said he would triple the National Guard presence in the St. Louis region in the wake of widespread violence following a grand-jury decision not to indict a police officer in the shooting death of an unarmed teen.
Greek officials held a fresh round of talks with international inspectors in a bid to jump-start deadlocked talks over Greece’s reform and austerity program.
Eleven months after traveling to China for a friend’s wedding, 21-year-old John Jia has yet to return home to Canada amid a wide-ranging investigation into his powerful uncle, Zhou Yongkang.
Yahoo, owner of the Flickr photo-sharing site, has upset some photographers by selling canvas prints of photos uploaded to the site and keeping all of the profits.
Santa’s sleigh could be turbocharged by cheaper gasoline this holiday season, even if finance chiefs in the retail sector aren't ready to promise investors stuffed stockings.
Planned federal rules would likely preclude delivery drones being developed by Amazon and Google, and make some other potential drone uses too expensive for small businesses, industry proponents said.
The U.S. Supreme Court agreed to review the first-ever national environmental standards requiring power plants to reduce emissions of mercury and other toxic air pollutants.
Shareholders have become more assertive in challenging CEOs since the financial crisis. How chief executives respond has become a new measure of their mettle.
Before the lights had dimmed on Black Friday last year, executives at Kohl’s were already at work on the deal they would use to pull shoppers into their stores this time around: a $5 toaster.
China doesn’t officially celebrate Thanksgiving or Christmas, but American retailers are hoping to convert a generation of consumers in the world’s most populous country into year-end binge buyers anyway.
Sotheby’s said that Chief Executive William Ruprecht, who is set to leave the auction house next year, is eligible to receive a $4 million dollar severance payment.
Witnesses and security officers say that two female suicide bombers blew themselves up in a crowded market in the northeast city of Maiduguri, killing at least 30 people.
Pope Francis called for Europe to find a new sense of purpose, describing the continent as “elderly and haggard” as it struggles youth unemployment, waves of migrants, and conflict on its eastern borders.
Intelligence agents should have done more to monitor two Islamic extremists who had been on their radar for at least five years before killing a soldier on the streets of London last year, but couldn't have prevented an attack, a parliamentary panel concluded.
French President François Hollande formally halted plans to deliver a warship to Russia amid renewed tensions with the West over Russian incursions into Ukraine.
Tunisia’s presidential election will go to a runoff in December, after a preliminary count showed no candidate won an absolute majority in Sunday’s ballot.
Despite billions of dollars in investment, Jixi ranks among China’s slowest-growing cities, and its struggle illustrates the challenge Beijing faces in trying to squeeze growth from resource-dependent areas that were hit hard by the slowdown.
Hertz Global Holdings’ new CEO, John P. Tague, will receive a base salary of $1.45 million, along with the opportunity to make another $3.63 million in bonus pay.
South Africa’s economy expanded less than expected in the third quarter, putting the continent’s most developed economy among other big emerging-market peers that are failing to bring about a hoped-for global recovery.
Greek authorities have launched a rescue mission of five ships to aid a freighter carrying hundreds of migrants trying to enter Europe, which is adrift in high winds off the island of Crete.
The eurozone needs monetary stimulus and a softening of fiscal discipline to ward off the threat of persistent economic stagnation, the Organization for Economic Cooperation and Development said.
Private-equity fund Headland Capital Partners is seeking a buyer for fast-growing South Korean toy maker Young Toys, a deal that could be worth more than $250 million.
France’s top diplomat said the latest round of negotiations over Iran’s nuclear activities made progress on the delicate issue of how much enriched uranium Tehran should be allowed to produce.
Peaceful protests in Ferguson, Mo., gave way to looting and arson in the wake of a grand jury decision not to indict a white police officer in the summer shooting of an unarmed black teenager.
The Philippine government told the country’s Supreme Court Tuesday that it should be free to implement a new security pact allowing U.S. troops to deploy to Philippine bases.
Protests in a number of cities were primarily peaceful Monday night following the decision by a grand jury not to indict a Ferguson, Mo., police officer in the shooting death of a black teenager, though some vandalism occurred in at least one city.
Bailiffs, aided by police, clear part of the most-volatile of the city’s pro-democracy protest sites, as officials continue a slow push to dislodge the encampments and end a nearly two-month political standoff.
Australia gives strongest signal yet it will look overseas for a $22 billion fleet of new submarines, with defense minister saying he wouldn't trust local naval shipyards to “build a canoe”.
Honda’s chief executive apologizes for the company’s failure to report to U.S. regulators more than 1,700 incidents involving death or injury over the last decade, saying there were “multiple mishandlings.”
Ssangyong Motor Co. is launching a new car for the first time in four years, as the South Korean car maker seeks to strengthen its foothold in the country’s thriving sport utility-vehicle market.
Wal-Mart’s chief merchandising officer is expected to announce his departure from the retailer just days before the annual Thanksgiving shopping frenzy known as Black Friday, people familiar with the matter said.
Bharti Airtel, India’s biggest telecommunications company, said that its Netherlands-based unit has agreed to sell its telecommunications towers in Nigeria to American Tower.
A U.N. expert monitoring sanctions against al Qaeda says Islamic State has received between $35 million and $45 million in ransom payments in the past year.
An investment firm run by John Raymond, the son of former Exxon chief Lee Raymond, has plowed about $3.2 billion into companies set up by former Chesapeake CEO Aubrey McClendon under a structure that lets it keep control.
U.S. companies are racing to bring credit-scoring models to Malaysia in a move that could widen access to credit at a time when heavy borrowing has already made the country one of Asia’s most indebted.
Some traders and investors are stepping back from the oil market ahead of the most widely watched OPEC meeting in years, anticipating that thin holiday trading could exacerbate big price swings.
China’s World: China exaggerates America’s weaknesses; America hypes China’s ascent. Both views are out of synch with reality—but they could prove a combustible mix.
Disagreements among investigators over where to look for Malaysia Airlines Flight 370 are complicating an already difficult effort to recover the missing jetliner.
Sony predicted strong sales gains in its PlayStation4 and image sensor divisions, aiming to rebuild its troubled electronics arm around these businesses as the once promising smartphone unit joins the company’s TV business in decline.
A document leaked last year showed British spies boasting they hacked into Belgium’s main telecommunications provider. Now security researchers appear to have found the extremely sophisticated spy tool.
Four Bank of Japan policy board members challenged Gov. Haruhiko Kuroda’s proposal to ramp up the central bank’s easing at the Oct. 31 meeting, saying the extra action could do the economy more harm than good.
China is considering a ban on tobacco advertising and smoking in public places, according to official media, as the world’s largest nation of smokers faces a mounting toll from treating chronic diseases.
The Obama administration plans to unveil final labeling rules on Tuesday that require restaurants with at least 20 locations to display the calorie count of food items on their menus.
Yahoo, owner of the Flickr photo-sharing site, has upset some photographers by selling canvas prints of photos uploaded to the site and keeping all of the profits.
Santa’s sleigh could be turbocharged by cheaper gasoline this holiday season, even if finance chiefs in the retail sector aren't ready to promise investors stuffed stockings.
The U.S. took a step toward imposing tariffs on Chinese-made tires, the latest move by workers in the American tire industry to prevent jobs from moving to China.
Post Holdings reported a wider loss in the fourth quarter as the company recorded large one-time charges in its ready-to-eat cereal category and a supply chain disruption in its active nutrition segment.
Brazilian state-controlled energy giant Petrobras said it received a subpoena from the SEC, confirming previous reports that a corruption probe in Brazil has extended to the U.S.
Casey’s General Stores said it would revise financial statements dating back to 2012 and pay taxes to settle an accounting error tied to an ethanol excise tax.
Milk Studios, a photography and media company, filed a lawsuit in the U.S. against Samsung, alleging trademark infringement by the South Korean technology giant’s music-streaming service and mobile application.
Trump Entertainment Resorts Inc. has offered to restore health care and some pension benefits to unionized workers in a bid to keep the Trump Taj Mahal casino from closing in December.
As bids in an unexpectedly hot auction for U.S. wireless spectrum topped $36 billion, carriers went about issuing billions of dollars in debt for when the time comes to pay for it.
Salix Pharmaceuticals has hired search firm Russell Reynolds Associates to help the drug company find independent directors in an effort to boost the size and skill set of its board.
Ireland’s fiscal watchdog joined a number of international bodies in criticizing the government for making small cuts in income-tax rates rather than larger reductions in its budget deficit.
Sandell Asset Management Corp. said influential proxy firm Institutional Shareholder Services is urging JDS Uniphase Corp. shareholders to vote against board member Martin Kaplan.
Relations between the two countries have deteriorated to post-Cold War lows in the past year, as the West has hit Russia with economic sanctions because of its invasion of Ukraine.
General Motors confirmed that the car accident involving a Texas woman, who later plead guilty to criminal negligent homicide in her fiancé’s death, is among those linked to the company’s faulty ignition switch issue.
Beijing is exploring ways to address the Hong Kong public’s unhappiness with the electoral reform package that sparked the nearly two-month-long protests, a person familiar with the discussions said.
Hudson’s Bay said Monday it took out a $1.25 billion mortgage on the ground floor of Saks’ flagship store in Manhattan and said the building has been appraised at $3.7 billion, well above what the Canadian company paid for all of Saks a year ago.
Wal-Mart Stores Inc. has added Tom Horton, the former chief executive of American Airlines, to the retailer’s board, bringing its size to 16 directors.
Redbox is raising its DVD rental price by 25%, in a move that could improve the company’s stagnant bottom line and help the Outerwall Inc. unit invest in new technology.
The Swiss art museum Kunstmuseum Bern said it would accept artworks bequeathed by the deceased son of one of Hitler’s main art dealers, a move that could conclude a period of legal limbo for a collection whose Nazi-era links gripped the nation.
A Philippine court convicted nine Chinese fishermen of poaching in disputed South China Sea waters, fining rather than jailing them in a move that could help thaw relations between Beijing and Manila.
Bangladeshi authorities said the killing of a university professor earlier this month wasn’t an assassination by an extremist group as had been previously thought.
Ayala Corp. said Monday its first expressway will open in March, a 4-kilometer stretch that signals the conglomerate’s interest in moving more aggressively into road and other public infrastructure projects
United Technologies Corp. said Chief Executive Louis Chenevert plans to retire, effective immediately, and it named Chief Financial Officer Gregory Hayes as his successor.
Nuclear talks between Iran and six major powers are “likely” to end Monday and resume next month, with the two sides apparently unable to break the deadlock by today’s deadline.
Dow Chemical and Dan Loeb’s Third Point settled a looming proxy fight Friday by adding four new directors next year, including two the activist investor had proposed.
Volkswagen said it would boost capital investment to $107.3 billion over the next five years, raising concern that fixed costs are spinning out of control.
Aereo filed for bankruptcy protection five months after the Supreme Court delivered the Internet-broadcast streaming company a fatal blow in its fight with traditional television broadcasters.
BT said it is in talks to buy Telefónica’s U.K. mobile business, 02, as the British telecom incumbent lays out its ambitions to be a fully-fledged wireless operator in the U.K.’s converging telecom market.
CMA CGM is in talks to buy Germany’s OPDR as part of its strategy to control so-called short-sea operators that will feed cargo into its oceangoing vessels.
BioMarin Pharmaceutical said it agreed to acquire Prosensa Holding NV, a bet that regulators will approve Prosensa’s lead product candidate for a rare form of muscular dystrophy.
Greek officials will meet with the country’s troika of international inspectors in Paris on Tuesday in a bid to jump-start deadlocked talks over Greece’s reform and austerity program.
Iliad and other European telecom groups are rushing to invest in data-handling capabilities and faster fourth-generation wireless networks, as consumers use their phones more as devices for messaging apps and video.
German business sentiment unexpectedly increased in November, a closely watched survey showed, suggesting Europe’s largest economy is slowly finding its footing again.
A special tribunal in Bangladesh has sentenced a collaborator of the Pakistani army to death for his role in killings during the country’s 1971 independence war.
Even the weather seems to be turning against Tony Abbott, who is facing rising political heat as he approaches his second Christmas as Australia’s prime minister.
Fomento de Construcciones y Contratas SA said Monday that a firm controlled by Mexico’s Carlos Slim may take over a large stake in the debt-laden Spanish builder after earlier talks with billionaire George Soros broke down.
Japan’s Prime Minister Shinzo Abe heads into a national election campaign with a wide lead, despite shrinking popular support for his economic policies, newspaper polls show.
As testimony wraps up in the long-running trial on AIG’s bailout, testimony from two low-profile witnesses from early in the proceedings may turn out to be the key.
Swiss voters will decide Nov. 30 on an initiative that would force the country’s central bank to double its gold holdings, a prospect that has rattled markets and drawn opposition from the government, lawmakers and business groups.
Australia raised $4.92 billion from the sale of the country’s top public health insurer, beating expectations for the largest IPO of a government-owned asset here in nearly two decades.
Impoverished families in northeast Syria operate thousands of primitive kilns to refine oil distributed by the warring sides to buy loyalty—or face the consequences.
AB InBev plans to concentrate future Budweiser promotions exclusively on the 21- to 27-year-old age bracket, after years of developing advertising and marketing that appeals to all ages.
Saying they are running short on coal, electric utilities are trying to pressure Warren Buffett’s BNSF Railway Co. to speed up deliveries on its congested tracks before the worst of the winter weather hits.