PARIS (AP) — French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year.
SEOUL, South Korea (AP) — The closure of a factory park in North Korea jointly run by both Koreas has cost the impoverished North a rare source of legitimate hard currency. Seoul says it shut the Kaesong complex in response to the North's recent long-range rocket launch to keep its impoverished neighbor from using the money factories provided to fund its nuclear and missile programs.
LONDON (AP) — The 19-country eurozone is in its longest stretch of economic expansion since the global financial crisis in 2008 but growth remains paltry despite a series of tail winds and is susceptible to a reverse if the worst fears in financial markets come to fruition.
FRANKFURT, Germany (AP) — The German economy grew 0.3 percent in the fourth quarter from the quarter before thanks to higher consumer and government spending.
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
Generic drugmaker Mylan agreed to buy Meda AB of Sweden for $7.2 billion in cash and stock, aiming to enter new markets including China and Russia and gaining more over-the-counter products.