_
![[Darling Unveils Bank Bonus Tax]](http://s.wsj.net/public/resources/images/OB-FB135_darlin_D_20091209073318.jpg)
The British Treasury chief said the U.K. will impose a one-time 50% charge on large bank bonuses, responding to increasingly sour public sentiment toward the banking sector in a largely neutral prebudget report.
![[draghi and interest rates]](http://s.wsj.net/public/resources/images/MI-BA237_DRAGHI_A_20091208183402.jpg)
The biggest risk to economic recovery is the prospect that interest rates will have to rise before banks' balance sheets have been repaired, Draghi warned.
Subscriber Content Read Preview
Subscriber Content Read Preview
Subscriber Content Read Preview
Subscriber Content Read Preview
Subscriber Content Read Preview
Suzuki said it has signed a capital tie-up with Volkswagen to create an alliance with a strong global presence particularly in the emerging markets of China and India.
Subscriber Content Read Preview
RBS is close to selling its retail- and commercial-banking assets in China, India and Malaysia to its U.K.peer.
Subscriber Content Read Preview
Boeing is churning out jetliners at its fastest clip in years, due in large part to funding from the U.S. Export-Import Bank, created to help fight the Great Depression.
Subscriber Content Read Preview
The European Commission extended its deadline for reviewing Kraft's plan to buy Cadbury to Jan. 6 after receiving proposals from Kraft aimed at easing antitrust concerns.
Subscriber Content Read Preview
Dubai World's property unit Nakheel posted a first-half loss of $3.66 billion, bogged down by a slump in the emirate's property market.
Subscriber Content Read Preview
Standard Chartered said it is on track to achieve a strong performance this year, driven by growth in wholesale banking, and said any impairments from its Dubai exposure wouldn't be material.
Subscriber Content Read Preview
Subscriber Content Read Preview
Subscriber Content Read Preview
Ryanair's brash chief executive, Michael O'Leary, has revolutionized cost cuts, putting the Irish no-frills carrier on course to post strong profits again this year.
![[Su Wei, China's chief negotiator on climate change, at the the second day of talks in Copenhagen.]](http://s.wsj.net/public/resources/images/OB-FB065_1208we_A_20091208141146.jpg)
Developing countries demanded that rich nations commit money and accept sharper cuts in their emissions, highlighting the divisions that stand in the way of a global climate deal.