Prosecutors asked that Italian Prime Minister Silvio Berlusconi stand trial on charges of patronizing an underage prostitute and abusing his powers to hide the relationship.
After 219 years as the citadel of American capitalism, the New York Stock Exchange was near an agreement to be acquired by Deutsche Börse in a deal that would create the world's largest financial exchange.
A local council's effort to evict a mosque from an abandoned industrial site in east London demonstrates Britain's shifting appetite for multiculturalism, which U.K. Prime Minister David Cameron has proclaimed "dead."
German Bundesbank President Axel Weber is no longer seeking the presidency of the European Central Bank, euro-zone officials said, throwing the race for Europe's top monetary position into disarray.
Nokia is in talks with Microsoft about using the U.S. software giant's operating system on mobile phones.
The European Union is starting to use new financial oversight powers to ensure that banks don't return to the risk pay policies that prevailed before the financial crisis, EU financial services chief Michel Barnier said in an interview.
The Art Institute of Chicago sold a quartet of artworks for a combined $16.1 million at Christie's in London to help pay for its recent purchase of a painting by Malevich, a pioneer in abstract art.
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The stock markets of London and Toronto said they are to merge, producing a mining- and resource-exchange giant that would rank No. 2 globally in terms of the value of the companies traded.
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Sanofi-Aventis reported a 64% drop in fourth-quarter net profit due largely to restructuring costs, and said talks with takeover target Genzyme are continuing, furthering months of suspense surrounding the deal.
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Europe will need more sweeping stress tests for its banks in the future to restore investors' faith in the process, Bank of France Governor Christian Noyer, who sits on the European Central Bank's governing council, said.
The U.K.'s largest banks, including Barclays and RBS, agreed to extend as much as £190 billion to U.K. businesses this year, in an effort to show they are doing their part to encourage economic growth.
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News from The Wall Street Journal and Dow Jones Newswires
This 100 year-old residence in Starnberg, Germany, was designed in the Jugendstil style popular in the country around the turn of the 20th century.
Commercial-property markets in second-tier European cities could be poised to make a comeback as investors find it more difficult to find attractive properties in the biggest urban centers.
Paris is seeing the biggest influx of new prestige hotels in decades.
Big-name private-equity firms are circling a $640 million portfolio of soured Spanish commercial-real-estate loans.
Jack Wilshere is being hailed as the most exciting creative talent in a generation and perhaps the man to end England's 45-year record of misery in major tournaments.
Since soccer has almost no stoppages for coaches to draw on clipboards or strategize with their players, a manager's most critical in-game decision may be choosing when to utilize their three substitutions.
In a break from taking to the street in anger at the lack of government, Belgians take to the street to protest high income taxes.
The investigation into last week's daylight robbery at the European Parliament is “coming along,” says a Parliament official. “We were able to reconstruct what happened” with CCTV and witness reports, he says. There were two thieves, only one of whom was packing heat.
Poland is facing headwinds as the markets have woken up to the reality of the country's dire fiscal situation. According to one central banker, yields on Polish debt are moving dangerously close to those of countries that have flirted with default.
New inflation data and the appointment of a little-known economist to the central bank's board are clouding the monetary policy outlook.