Frances D'Emilio, Associated Press | Posted Dec 7th - 8:12am
Italian Premier Matteo Renzi said he would resign Wednesday evening now that Parliament has approved the 2017 national budget, a step required by the nation's president before he would let the leader step down.
Marley Jay, Associated Press | Posted Dec 7th - 8:11am
U.S. stocks are mixed Wednesday morning as large drugmakers take losses and most other industries move slightly higher. Bond yields are falling, and investors are buying stocks that pay large dividends. That's leading to gains for real estate investment trusts, utilities and phone companies.
Shawn Pogatchnik, Associated Press | Posted Dec 7th - 8:00am
A Dublin judge on Wednesday ordered Irish authorities to unfreeze 100 million euros ($107 million) in cash belonging to an exiled Russian oligarch, ruling that police had provided no evidence that the funds were illegally gained as Russia contends.
Michelle Faul, Associated Press | Posted Dec 7th - 7:20am
Nigeria and Morocco have agreed to build a pipeline to carry Nigerian natural gas to North Africa and Europe in a major initiative to boost energy production across West Africa and create industrial hubs to attract foreign investment, a joint statement said Wednesday.
David McHugh and Pan Pylas, Associated Press | Posted Dec 7th - 7:10am
Faced with weak growth and inflation across the 19-country eurozone, the European Central Bank is expected to extend its stimulus program for at least another six months when it concludes its latest policy meeting on Thursday.
Danica Kirka, Associated Press | Posted Dec 7th - 6:30am
British regulators fined U.S. drugmaker Pfizer and distributor Flynn Pharma a record 89.4 million pounds ($112.7 million) Wednesday for increasing the cost of an epilepsy drug by as much as 2,600 percent.
Julhas Alam, Associated Press | Posted Dec 7th - 4:11am
Thousands of Bangladeshi children who live in the capital's slums are working illegally for an average of 64 hours a week, with many employed by the garment industry making clothing for top global brands, according to a report released Wednesday.