The US housing recession has arrived literally on the doorstep of Federal Reserve Chairman Ben Bernanke.
Visa Inc, the largest payment-card network, set a record for US initial public offerings by raising $17.9 billion after the worst start for the Standard & Poor's 500 since 2001.
Coal mining is making a comeback in the United Kingdom as the quest for secure energy supplies chips away at environmental objections and record high prices for the raw material make pits economically viable.
Air France KLM-Group Chief Executive Officer Jean-Cyril Spinetta said the company's offer to buy Alitalia SpA is "at risk" because of union opposition to the plan. Shares in the Italian carrier fell more than 20 percent for a third day.
Japan's passenger car sales may rise for the first time in two years next fiscal year as new models by Nissan Motor Co and Daihatsu Motor Co spur demand in the world's third-largest auto market.
Starbucks Corp Chief Executive Officer Howard Schultz may introduce a plan for a loyalty program to stanch declining US sales at a shareholders meeting today.
Siemens AG Chief Executive Officer Peter Loescher told analysts in November that his plan to revive Europe's largest engineering company would have its setbacks.
A printing plant being billed as the world's largest is now in operation cranking out newspapers for Rupert Murdoch's News International - a vote of confidence in Britain's troubled newspaper industry.
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