U.S. manufacturing, viewed as a lost cause by many Americans, has begun creating more jobs than it eliminates for the first time in more than a decade.
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U.K. consumer-price inflation accelerated sharply in December, underscoring the view that the Bank of England's most likely next move will be to tighten policy, despite the economy's continuing fragility.
Here is a selection of news from around the world from today's Wall Street Journal Europe.
Here is a selection of business news from around the world from today's Wall Street Journal Europe.
After nearly a decade of work on two continents to formulate and brand a legal version of Żubrówka, a vodka flavored with a rare, pungent wild grass enjoyed by European bison, its producers are taking a shot at the American market.
It looks like the European Union is settling on a strategy to save the euro. It's called extend, pretend... and pray.
President Barack Obama and Chinese President Hu Jintao started a summit that will help redefine what is seen as the world's most important bilateral relationship. Mr. Hu said he's come to the U.S. to increase trust, friendship and cooperation.
The Obama administration orchestrated a series of energy-related announcements Tuesday by more than a dozen U.S. and Chinese companies, bidding to set the tone for President Hu Jintao's visit.
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Ireland's embattled Prime Minister Brian Cowen on Tuesday won a vote of confidence in his leadership, clearing the way for him to lead his fractured Fianna Fail party into the next general election.
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German economic expectations improved sharply in January, indicating that the euro zone's largest economy is set to continue growing in the months ahead despite the debt crisis in the region, the ZEW think-tank said.
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Let the game of musical ECB chairs begin. Two candidates have officially been put forth to succeed Austria's Gertrude Tumpel-Gugerell when her eight-year term on the ECB's executive board expires May 31: Peter Praet, executive director of the National Bank of Belgium; and Elena Kohutikova, former member of the Slovak central bank's monetary-policy board.
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A German company involved in the building of European satellite system Galileo removed its CEO after he was quoted in a WikiLeaks cable describing the project as "a stupid idea."
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On a Middle East trip, Russian President Dmitry Medvedev met for the first time with Oleg Kashin, a prominent journalist who was brutally beaten last year, and again voiced interest in the case.
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Polish officials blamed Russian air-traffic controllers for blunders they say contributed to the plane crash that killed Poland's president in Russia last year, amid an intensifying bout of mutual finger-pointing over who is responsible for the tragedy.
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Police in the U.K. and Russia are investigating allegations of corruption against Russia's top appointee to the European Bank for Reconstruction and Development and three others in the highest-level probe of suspected criminality at the bank to date, officials said Tuesday.
Obama ordered a government-wide review of federal regulations, aiming to eliminate rules that stymie economic growth. In an article published in the opinion pages of The Wall Street Journal, Obama said he intends to issue an executive order initiating the review.
The National Association of Home Builders' index remained flat at 16 in January, remaining low levels despite increasing signs of improvement elsewhere in the economy.
A Chinese firm has signed a letter of intent to invest $2 billion in a North Korean industrial zone, representing one of the largest potential investments in Kim Jong Il's authoritarian state and a challenge to U.S. policy in the region.
Haiti's chief prosecutor formally re-opened a 2008 case charging Jean Claude "Baby Doc" Duvalier with a slew of criminal charges including murder, the latest twist in a bizarre odyssey that has kept the country on edge for days.
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This week's expected increase in Brazil's already towering interest rates highlights inflation concerns in Latin America's biggest economy and the difficulty President Dilma Rousseff faces in trying to reduce rates to levels more in line with those of developed markets.
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Tunisia faced renewed instability as three ministers in the new caretaker government resigned under pressure from the country's powerful labor union, illustrating the myriad new forces struggling for influence following last week's ouster of the country's authoritarian president.
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The International Energy Agency said that the world will need more crude from the Organization of Petroleum Exporting Countries amid faster-than-expected oil demand growth, or risk high prices that damage the economic recovery.
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Rachid Ghannouchi, the leader in exile of Tunisia's Islamic movement Ennahdha, wants to return home but is waiting for the new government to declare a full amnesty on sentences passed during the rule of the recently ousted president.
The White House has put a hold on a military proposal to raise the ceiling for building up Afghan security forces, with a spokesman saying there have been "no decisions" on army and police manpower growth beyond approved 2011 targets.
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Speaking in Australia, U.K. Defense Secretary Liam Fox emphasized the importance of the F-35 Joint Strike Fighter to counter China's development of its own stealth jet.
Hedge funds are crowding into more of the same trades these days, amplifying market swings during crises and unnerving investors.
For some people, clams, beef, yogurt and tuna may be the solution to low energy and forgetfulness. That's because these foods are rich in vitamin B12.
Caroline Wozniacki is the top-ranked women's tennis player heading into the Australian Open, but one thing has eluded her thus far in her career: a Grand Slam title.
It's been a dismal decade in Italy's Serie A championship for Rome's leading football teams, but the clubs have found success easier to come by in the Coppa Italia, the country's premier knockout tournament.
Jose Maria Olazabal will captain Europe's Ryder Cup team when it defends the trophy against the United States at Medinah in 2012.
This index is compiled from the late edition of The Wall Street Journal distributed to East Coast readers. Images of section fronts are available after 5 a.m. ET on the day of publication.
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Financial markets of just about every stripe pushed higher in 2010, thanks in large part to government efforts to keep the recovery moving. Now, the question is, can the Fed and others exit neatly?
An effortless study in Gallic cool, Vincent Cassel has played characters both rakish and romantic, elegant leads mixed with a healthy share of the magnetically perverse. The leading man of modern French cinema is now poised for international success with this season's "Black Swan"... In the December issue of WSJ.