Vladimir Putin has called for the creation of a "Eurasian Union" with former Soviet states Belarus and Kazakhstan in his first major foreign policy statement since revealing his intended return as president next year.
Two weeks after moving into a skyscraper near Wall Street to start assembling a muscular new agency overseeing banks and insurers in New York, Benjamin M. Lawsky got a surprise during an introductory meeting with a midlevel manager: His power was even broader than he thought.
Goldman Sachs has more than quadrupled its stake in the London Metal Exchange in the past two years, making the US investment bank the biggest potential winner from the proposed sale of the 130-year-old exchange.
When Apple unveils its Newsstand application next week, many magazine publishers are hoping it will mark a turning point as they seek to increase digital sales through the new wave of tablet computers.
Talks are taking place that could see the Dow Jones Industrial Average come under the same umbrella as the S&P 500 index, uniting two of the world's most-watched market measures in a joint venture, according to three people familiar with the discussions.
The German parliament has voted by an overwhelming majority in favour of measures bolster the EURO 440bn eurozone rescue fund, and give it new powers to buy bonds and recapitalise weak banks, in a move that lifted financial markets and boosted the euro.