The ECB's monthly rate meeting will focus minds this week on the debate over quantitative easing in the euro zone, as a series of data releases on both sides of the Atlantic sheds more light on European woes and U.S. strength.
Regions
China plans to bid again for Mexico high-speed rail project
China plans to tender again for Mexico's $3.75 billion high-speed rail project after the Latin American nation abruptly canceled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said.
AbbVie adds children's AIDS drugs to shared patent pool
U.S. drugmaker AbbVie has added two HIV medicines for children to a shared patent pool in an initiative that should speed the development of cheap new pediatric formulations for use in poor countries.
Novartis' Gilenya fails in study for a type of MS
Novartis AG said on Monday its drug Gilenya failed to meet its main goal in a late-stage study as a treatment for primary progressive multiple sclerosis (PPMS).
Come spring, 'For Sale' signs expected in U.S. riot-hit town
Realty brokers in battered Ferguson, Missouri, are predicting many homes could go up for sale early next year after rioting over the August police shooting of a black teenager appeared to put a chill on the number of active listings.
Latest News
Japan's fall into recession between July-September could turn out to be less severe than feared, with new capital expenditure figures out on Monday suggesting revisions will put the third quarter in a slightly more positive light.
Gold prices tumbled on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, joining the broad rout in commodities that sent oil prices to five-year lows and copper to four-year lows.
Growth in China's manufacturing sector slowed in November, suggesting the world's second-largest economy is still losing momentum and adding pressure on authorities to ramp up stimulus measures after unexpectedly cutting interest rates last month.
Vodafone Qatar VQFS.QA has scrapped its bid to buy state-owned wholesale Internet provider Qatar National Broadband Network (QNBN), the country's No.2 mobile operator by subscribers said on Sunday.
GlaxoSmithKline will this week inform U.S. staff of hundreds of job cuts in its biggest market as the drugmaker starts implementing a major cost-saving program, sources familiar with the matter said on Sunday.
A European satellite beamed images to earth using new laser-based communications technology on Friday, opening the way for uninterrupted and near instantaneous viewing of natural disasters being sent to governments and relief agencies.
Merck KGaA (MRCG.DE) aims to keep hold of its consumer healthcare unit, it said on Friday, pledging to develop a business that is expected to generate 2014 sales of $1 billion for the German drugs and chemicals company.
Kellogg Co raised its bid on Sunday for Egyptian cake and biscuit maker Bisco Misr, intensifying a bidding war with the UAE's Abraaj Investment Management that has pushed up the offer price by more than 12 percent.
Brazil's efforts to bring down its debt will translate into renewed investor confidence and additional room to continue poverty-reduction policies for the years to come, incoming Finance Minister Joaquim Levy said on Saturday.
