Eurozone Sees Further Rise in Jobless, Fall in Inflation

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The number of people without jobs in the eurozone rose for the second straight month in October, while the annual rate of inflation fell further below the European Central Bank’s target in November, increasing the likelihood policy makers will soon take more aggressive stimulus measures.

Rio Tinto, BHP Chart Divergent Courses

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As BHP Billiton executives work on plans to slim down their business, their counterparts at Rio Tinto are taking a different tack.

Honda, Takata Recalls Began as Early as 2002

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Honda recalled a batch of Accord passenger cars in 2002 for Takata Corp. air bags at risk of rupturing, well before the company has said it first learned of injuries.

Novartis Heart-Failure Treatment to Get Speedy EU Review

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Novartis said an important new drug for treating heart failure has been granted an accelerated review by European authorities, improving its chances of approval in Europe next year.

In Thailand, Firms Add Apprentices

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An increasing number of companies in Thailand, including many in the auto industry, are rolling out apprenticeship programs aimed at beefing up the country’s workforce.

Outbrain Files for Possible Nasdaq Listing

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Outbrain, a pioneer in native advertising—ads that are meant to be more integrated into a website—filed confidentially earlier this month for preliminary approval to list on the Nasdaq Stock Market.

Wal-Mart Makes Cuts in China

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Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.

E.On to Sell Spanish Assets

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German power utility E.ON has agreed to sell its Spanish assets to Australia’s Macquarie Group and Kuwait’s sovereign-wealth fund in a deal worth $3.1 billion.

Rémy Cointreau Takes a Bet on China

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The French drinks maker is convinced that ultra-rich Chinese will again sip from the world’s most expensive bottles of cognac following a slump in demand that stems from an anticorruption campaign.

Yes, Virginia, There Is a Stock Rally

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Ahead of the Tape: December’s ‘Santa Claus rally’ appears to have gotten better with age, as the past five years have seen the S&P 500 gain nearly 2.5% on average during the month.

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