Global Business & Emerging Markets

FX volatile as U.S. retail sales report better than expected.

Telecom match forms world's third largest mobile-phone venture.

Schaeuble says Lagardes call to modify austerity demands is inconsistent with IMF positions.

Decline of $10.2 bln in latest week reflects credit concerns, competition from longer-term debt.

S&P cut Spains sovereign debt rating to just above junk.

Deadline for tougher bank-capital rules may be pushed back by up to a year.