Jean-Claude Juncker will unveil a much anticipated 300-billion-euro ($370 billion) investment plan on Wednesday that is meant to trigger economic growth in the European Union.
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Europe not at risk of full-blown deflation: ECB's Constancio
Europe is not at risk of sliding into "full deflation" but the current rate of inflation is dangerously low, European Central Bank Vice President Vitor Constancio said on Saturday.
Obama will visit India again as ties expand
U.S. President Barack Obama will attend India's Republic Day celebrations in January as chief guest, a sign of steadily expanding ties between two countries that share concerns about China's growing power in Asia.
Hitler watercolour fetches 130,000 euros at Nuremberg auction
A 1914 watercolour by Adolf Hitler fetched 130,000 euros ($161,000) at auction in the German city of Nuremberg on Saturday, the auctioneers said.
Draghi throws ECB door open to money printing as global prospects dim
European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth.
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Singapore said on Friday it plans to regulate fast-growing third-party taxi booking services like Uber and GrabTaxi for the first time, capping fees and requiring them to dispatch only licensed cabs and drivers.
China and "probably one or two" other countries have the ability to invade and possibly shut down computer systems of U.S. power utilities, aviation networks and financial companies, Admiral Mike Rogers, the director of the U.S. National Security Agency, said on Thursday.
Brazil's JBS SA (JBSS3.SA), the world's largest beef exporter, has agreed to buy Australian processed foods producer Primo Smallgoods for $1.25 billion.
Sysco Corp (SYY.N), the biggest U.S. food distributor, is in advanced talks to sell some assets to a food company owned by Blackstone Group (BX.N) in order to win regulatory approval for its acquisition of US Foods Inc [USFOO.UL], the New York Post reported, citing sources.
Britain's Rolls-Royce (RR.L) said it won a $5 billion contract to supply aero engines to power 50 new Airbus (AIR.PA) planes ordered by Delta Air Lines (DAL.N).
Volkswagen AG (VOWG_p.DE) is to invest 85.6 billion euros ($106 billion) in its automotive operations over the next five years to push foreign expansion, new models and technology to back its quest for global leadership.
Taylor Swift's "1989" topped the U.S. Billboard 200 album chart for the third consecutive week on Wednesday. The most pop-oriented turn from the onetime country singer sold 312,000 copies last week, according to figures compiled by NielsenSoundscan. "1989" is the second album of the year, behind the soundtrack to Disney's animated film "Frozen," to spend at least three weeks atop the chart.
France has confirmed the selection of 12 Airbus A330 refueling tankers for the French Air Force, Airbus Group said on Thursday.
Japan's finance minister warned on Friday about the yen's weakening, describing it as "too rapid", but he stuck to the government's stance of allowing markets to determine exchange rates and dismissed the need to intervene to halt the slide.
