EU Poised to Approve Lower-Cost Rockets

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European politicians are poised to approve a new generation of lower-cost rockets, partly in response to competition from U.S. launch providers, government and aerospace-industry officials on both sides of the Atlantic say.

France, Germany Seek New Internet Powers

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French and German officials called on EU officials to take a fresh look at the competitive and tax behaviors of big U.S. Internet companies in a push for greater regulation.

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.

Standard General May Give Up Some of Its RadioShack Stake

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Standard General LP has agreed to give up some of its potential stake in a recapitalized RadioShack Corp.

Coke, SABMiller Strike Africa Deal

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Coca-Cola and SABMiller have struck a new multimillion-dollar brand and bottling deal as the companies, two of the world’s biggest drinks makers, eye a bigger share of the African beverage market.

U.S. Regulators Demand Chrysler Expand Air-Bag Recall

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U.S. auto-safety regulators are demanding Chrysler Group expand its recall of potentially defective Takata Corp. air bags nationwide and begin notifying customers of the new campaign by Monday.

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.

Oil Prices Fall as Opec Meets

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Oil prices fell to four-year lows as the outcome of a crucial OPEC meeting remained unclear.

Carlos Slim to Invest Up To $875.4 Million in Spain's FCC

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Two companies owned by Mexican billionaire Carlos Slim will invest up to 700 million euros ($875.4 million) in FCC in exchange for 25.6% of the debt-laden Spanish builder.

Rio Tinto OKs Canada Diamond Mine Development

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Rio Tinto PLC approved a $350 million extension at a remote subarctic diamond mine in Canada that the resources group controls with Dominion Diamond.

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