Bloomberg News.
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Cairn India Ltd., controlled by billionaire Anil Agarwal, will start drilling its first new well in five years to raise output and help bolster the best profit margin for an oil company in Asia.
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The euro erased an advance against the dollar after the European Central Bank said financial institutions will repay less of its three-year loans next week than economists forecast.
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Brent crude advanced, paring a second weekly decline, after German business confidence rose more than economists forecast to a 10-month high.
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Germany’s two-year notes advanced, pushing yields to a five-week low, after the European Central Bank said banks will repay half the amount of its second three- year loan next week than economists had forecast.
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ING Groep NV, the biggest Dutch financial-services company, promoted Ralph Hamers to be chief executive officer, replacing Jan Hommen, the former chairman who led the firm through the aftermath of a government bailout.
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Vietnam’s Prime Minister Nguyen Tan Dung approved a master plan to restructure the economy, overhaul banks and speed up share sales of state-owned companies to bolster growth that is at its lowest since 1999.
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Puerto Rican lawmakers must beef up the government’s underfunded pension, which has less than 7 percent of needed assets, and may get their chance by next week, according to a legislative leader.
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The top lawyers for Microsoft Corp. and Oracle Corp., saying software patents are important drivers of U.S. innovation and economic growth, pressed Congress yesterday to reject calls to limit that legal protection.
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Yingli Green Energy Holding Co. Ltd. said its shipments of solar panels surged at more than double the pace it expected in the fourth quarter as it wrote down the value of its inventory, reflecting lower prices.
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Arkansas, Maine and Oregon are among 25 states that will split as much as $300 million from the federal government to test new ways to pay for medical care in an experiment funded by the 2010 health-care law.
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It’s little wonder so many television networks are suing Aereo.
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Paul McCarthy’s animated, life size- mannequin tableau “Cultural Gothic” at first suggests a benign department store window display. It actually depicts a boy having sexual intercourse with a stuffed goat, as his father approvingly looks on.
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The following is a roundup of soccer stories from U.K. newspapers, with clickable links to the Web.
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Elisa Dalbosco says she lost her job when it came time for her former employer, a refugee shelter in northern Italy, to either offer her a permanent contract or let her go.
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