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As of 6:10:00 AM EDT Fri, July 25, 2008
TNK-BP'S CEO LEFT Russia after being unable to get a new work visa. The move is a setback for BP, which is struggling for control of the venture.
Britain's Labour Party lost a key Parliament seat in a Glasgow district, reflecting Brown's plunging popularity.
Obama made an impassioned call for rejuvenated U.S.-European ties in a speech before an estimated 200,000 in Berlin as the senator sought to burnish his image as a global statesman ahead of the U.S. presidential election. (Text of the speech)
European stocks dropped, with financials leading the retreat as markets continued to reel from data showing U.S. existing-home sales fell to a 10-year low and Citigroup warned the British economy is about to enter a recession.  4:52 a.m.
German chip maker Infineon posted a wider net loss, chiefly due to the poor performance of its memory-chip unit Qimonda and an additional write-down on its stake of the unit.  5:03 a.m.
Électricité de France was close to a deal to acquire British Energy, in a move that could exceed $23.6 billion.
French ad firms Havas and Publicis Groupe said that automotive and financial companies are paring back their marketing plans.
India's representative to this week's WTO summit talks is pushing hard for developing nations' demands in difficult trade negotiations.
Italian prosecutors are preparing to file charges in a 2006 case against four Google executives over a video uploaded onto the Internet provider's Italian-language site showing a disabled teen taunted by peers.
Daimler issued a profit warning for the year as falling demand and rising raw-material costs ensnare the premium-auto sector. Renault reaffirmed its forecast but said it will cut jobs and scale back production due to high costs, unfavorable currencies and slowing demand.
TNK-BP's CEO left Russia after being unable to get a new work visa. The move is a setback for BP, which is struggling for control of the venture.
 

 
India's representative to this week's WTO summit talks is pushing hard for developing nations' demands in difficult trade negotiations.
 

 
Obama made an impassioned call for rejuvenated U.S.-European ties in a speech before an estimated 200,000 in Berlin as the senator sought to burnish his image as a global statesman ahead of the U.S. presidential election. (Text of the speech)
 
[Hadid image]
Architect Zaha Hadid's plan to redevelop Kartal, a postwar industrial area amid Istanbul's Asian sprawl, is the latest example in a new trend in urban development, in which a visionary designer creates a detailed concept for an entire neighborhood. While individual buildings aren't designed, the overall shape and style of the structures are guided by the master planner.
 

 
Retail Sales Enfold Drama
While a steep drop in U.K. retail sales is rekindling recession fears, another drama is playing out behind the scenes as feuding statisticians debate whose data can be trusted.
 

 
Editor Wields Pen in Pakistan
A newspaper editor in Pakistan is embroiled in a very personal war against ultraconservative elements in the Muslim nation, who object to the anti-Taliban bias his newspapers display. The entertainment pages filled with sexy movie stars don't help.
 
 

 

 
 
 
Go to Page BREAKINGVIEWS.COM: Get expert opinions on the latest financial stories.
 
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From The Wall Street Journal and other Dow Jones Publications
 
Source:Dow Jones, Reuters* at close
NASDAQ Most Actives   more
NYSE Gainers   more
NASDAQ Gainers   more
NYSE Decliners   more
NASDAQ Decliners   more
335,415,330
126,733,410
120,630,897
145,503,284
106,848,932
81,085,041
14.89%
13.77%
11.08%
31.69%
26.05%
25.47%
-37.61%
-34.07%
-31.37%
-42.53%
-30.77%
-30.05%

WALL STREET JOURNAL ARTICLES  
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• New Surgery Eases Toll of Breast Cancer

Surgeons are offering an added benefit to breast-cancer patients: removing the tumor and cosmetically repairing the breast at the same time. This "oncoplastic surgery" could minimize the number of times a patient must go under the knife.

• How Much Water Should You Drink?

Lately it has been in vogue to dismiss the advice to drink eight glasses of water a day as a "medical myth," but it's really more a dispute over whether the glass is half-empty or half-full.

• Santorini, Greece

Reporter Janet Adamy on what to do, where to eat and where to stay on this Greek island.

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• How My Paycheck Went to the Dogs

After children, few living things will do as much to ruin your personal finances as dogs. Columnist Neal Templin explains why dogs are deceptively expensive.

[image]
• The Prodigy Market in China

Thirty-two years after the end of its Cultural Revolution, China is buzzing with once-forbidden Western classical music activity and more than 40 million youngsters are currently studying the piano or violin. The size and caliber of this talent pool has led some American music schools to enhance their China ties.

• Lack of U.S. Buyers at Art Basel

Reporter's Notebook: Europeans dominate sales at the annual contemporary art fair in Switzerland.

• Albee a 'Young Troublemaker' at 80

After turning 80, three-time Pulitzer Prize winner Edward Albee still considers himself a young troublemaker. A point he proves with his latest work, "Occupant," an evocation of the late sculptor Louise Nevelson.

AUTOS |  more
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• The Driver's Seat: Volkswagen Tiguan

In our faddish culture, there is nothing more annoying than bandwagon jumpers. Which brings us to the 2009 Tiguan, a new compact sport-utility vehicle from Volkswagen.


ONLINE EXCLUSIVES  
China Journal 1:19 AM
Washington Wire 12:56 AM
Whosnews Blog 7:38 PM
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ANALYSIS OF NEWS AND TRENDS
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•  The Long National League Nightmare: Since baseball began interleague play in 1997, the American League has been increasingly dominant. See a timeline of the decline of the National League. 07/11/2008
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• Car Cast: WSJ's David Patton and Mathew Passy discuss why high gas prices are good for the U.S. and the planet. Plus, a plea for a plug-in hybrid.
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