Chancellor Angela Merkel of Germany spoke during a news conference held at the end of a Eurozone summit in Brussels on Thursday.
BRUSSELS — European leaders made significant progress in resolving the euro zone financial crisis, obtaining an agreement from banks to take a 50 percent loss on the value of their Greek debt.
TOKYO — The Japanese firm Olympus said its president and chairman Tsuyoshi Kikukawa had stepped down after the company became embroiled in a scandal over a series of costly acquisitions.
Rajat K. Gupta was “the illegal eyes and ears in the boardroom” for a friend on Wall Street, Raj Rajaratnam, prosecutors asserted Wednesday as they filed criminal charges.
BARCELONA — At an industry conference, executives cite benefits of wind and solar energy but acknowledge economic hurdles.
Ruth Madoff said in an interview that she and Bernard L. Madoff attempted suicide two weeks after the Ponzi scheme was exposed in 2008.
LONDON — The Lumia models, presented Wednesday, are the first fruits of the phone maker's alliance with the U.S. software giant.
VALSGARD, Denmark — Facing resistance to new high-tension power lines, the Danes hit on the idea of involving industrial architects in the pylons’ design.
Communist leaders in China are proposing new limits on media and Internet freedoms that include some of the most restrictive measures in years.
On the day the Boeing 787 made its inaugural commercial flight, the company said it would deliver fewer of the new planes this year because of production problems.
Federal regulators gave BP a permit to drill a new well in the Gulf of Mexico, the first time the oil company will be allowed to drill there since the Deepwater Horizon disaster in April 2010.
WASHINGTON — The rule adopted Wednesday requires large funds to report details of their holdings in a bid to limit risks to the financial system.
DEARBORN, Mich. — Earnings were down 2 percent from the period a year ago, but the automaker is on track to resume paying a dividend.
DETROIT — Union officials said about 55 percent of the automaker’s 23,000 hourly workers backed a contract that would add jobs in the United States.
PARIS — The French automaker said the moves were part of an effort to cut $1.1 billion in costs next year in a “challenging” environment.
MADRID — As countries reassess the likely depth and duration of the economic chill, many are rethinking their energy policies.
The latest economic and policy developments from countries in the euro zone.
In photographing the Swiss banking industry, Mark Henley faced the challenge of documenting something no one can see. Yet the pictures - like something out of a noir film - have familiar qualities.
Tracking Europe's Debt Crisis
