Carlos Slim to Invest in Spain's FCC

Two companies owned by Mexican billionaire Carlos Slim will invest up to $875.4 million in Fomento de Construcciones y Contratas in exchange for 25.6% of the debt-laden Spanish builder.

Lukoil Profit Tumbles on Lower Oil Price

Lukoil, Russia's No. 2 oil producer, said its net profit in the third quarter almost halved due to lower oil prices, a weaker ruble and a write-offs on West African exploration projects.

BayernLB Demands €2.4 Billion From Austria

A spat between the Austrian government and BayernLB escalated after the German lender said the country should repay €2.4 billion in outstanding loans to its former Austrian unit.

Bank of Cyprus Swings to Loss

Bank of Cyprus has swung to a loss in the third quarter after setting aside almost all its pretax earnings to cover its mountain of bad loans.

Ebola Vaccine Appears Safe in Early Test

National Institutes of Health researchers reported that a possible vaccine for the Ebola virus appears to be safe in early testing and that a clinical study in West Africa can go ahead as planned late this year or in early 2015.