By CIARAN GILESAssociated Press
MADRID (AP) - Spain raised €4.6 billion ($6 billion) at a sharply lower cost Thursday amid growing expectations that the cash-strapped country will soon make a request for international help to deal with its finances.
The Treasury sold €1.51 billion in 10-year
LISBON, Portugal (AP) - The junior party in bailed-out Portugal's coalition government has ended days of political tension by endorsing a plan for severe tax increases next year, ensuring the new austerity measures are approved in Parliament.
Senior officials in the center-right Popular Party
BERLIN (AP) - German Chancellor Angela Merkel is endorsing a proposal for a top European Union official to be given the power to veto member countries' budgets, and is suggesting the bloc could set up a fund to finance projects in struggling countries.
Merkel addressed Germany's Parliament
By NATALIYA VASILYEVAAssociated Press
MOSCOW (AP) - Russia on Thursday downplayed concerns that Rosneft's possible purchase of BP's stake in the joint venture TNK-BP, which analysts say would reshape the country's oil industry and create the world's biggest oil and gas company,
By COLLEEN LONGAssociated Press
NEW YORK (AP) - Quazi Mohammad Rezwanul Ahsan Nafis was a terrible student in his native Bangladesh, and his middle-class parents say he persuaded them to send him off to study in the U.S. as a way of improving his job prospects.
At the Missouri college where he
By TOBY STERLINGAP Business Writer
AMSTERDAM (AP) - With its new CEO on an extended sick leave, Dutch chemicals conglomerate Akzo Nobel NV reported Thursdsay a €2.37 billion ($3.11 billion) loss in the third quarter after taking a massive impairment charge on its home paints business.
By The Associated Press
NEW YORK (AP) - Mixed signals from the world's largest economies kept the price of oil flat Thursday.
U.S. benchmark crude eased 2 cents to finish at $92.10 a barrel. Brent crude, which many U.S. refiners use to make gasoline, fell 80 cents to $112.42 in London.
By LOUISE WATTAssociated Press
BEIJING (AP) - The Chinese company suing President Barack Obama for blocking its planned wind farm projects in Oregon accused the U.S. leader and his government of discrimination Thursday and warned that the case would deter Chinese investment in the United States
By JOHN HEILPRINAssociated Press
GENEVA (AP) - Nestle SA, the world's biggest food and drink company, on Thursday said its sales growth slowed to 11 percent in the first nine months of 2012 as demand eased both in developed economies and emerging markets, where high growth is starting to
By RAF CASERT and SARAH DiLORENZOAssociated Press
BRUSSELS (AP) - European leaders took a step toward creating a single supervisor for banks in countries that use the euro on Friday but refused to pin down a start date.
Although the leaders meeting in Brussels said their decisions on the