(Reuters) - Office Depot Inc's quarterly profit beat market estimates as it squeezed out higher-than-expected savings from its OfficeMax acquisition, masking an overall deterioration in sales that the office supply retailer expects will continue.
BRUSSELS (Reuters) - The euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, calling on Germany to help as Chancellor Angela Merkel again rejected a spending spree.
FRANKFURT/PARIS (Reuters) - National central bankers in the euro area plan to challenge European Central Bank chief Mario Draghi on Wednesday over what they see as his secretive management style and erratic communication and will urge him to act more collegially, ECB sources said.
NEW YORK (Reuters) - Major U.S. stock exchanges have asked a federal judge to dismiss a lawsuit accusing them of costing ordinary investors billions of dollars by rigging markets to benefit high-frequency traders.
BEIJING (Reuters) - Alibaba Group Holding Ltd's e-commerce and mobile businesses surged in the September quarter, far outpacing its rivals' and glossing over weakening margins and decelerating earnings growth.