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Stocks Fall After Volatile Week

U.S. stocks declined on Friday afternoon at the end of one of the most volatile weeks in years for global markets. 95

Four Arrested in Hungary Over Migrant Truck Deaths

Flowers were placed where dozens of migrants were found dead.

Hungarian police said they had arrested four men after 71 migrants were found dead in a truck across the border in Austria on Thursday. 97

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 212

Brazil’s Big Bet on China Turns Sour

Brazil’s big bet on China is turning sour as the Asian country’s once voracious appetite for Brazilian exports dims.

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

Treading Line Between War and Peace, U.S. Special Forces Groom Afghan Troops

Special-operations units are trying to get their local counterparts ready for combat before American troops leave Afghanistan.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Fed that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 78

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

IMAGE 1 of 9

‘Craft’ Bourbon Is in the Eye of the Distiller

“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

Syngenta Shareholders Not Happy

Some Syngenta AG shareholders are angry over the rejection of takeover proposals from rival Monsanto Co., which then walked away.

Hermès Plays Down China Luxury Risk

French luxury-goods company Hermès International said it expects demand for its pricey handbags and fashion to remain resilient and grow 8% this year despite the risk of an economic slowdown in China.

Luxury Brands Push Deeper Into India

As sales growth slows in China and other big markets, luxury-goods makers are seeking to cash in on patches of new wealth in often-unexpected parts of India, where there is a growing appetite for luxury brands.

‘Flash Crash’ Trader Denied Extradition Delay

British trader Navinder Sarao had requested a two-month delay in his extradition hearing.

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A labor group is urging Bank of America shareholders to vote against a bylaw change that allows Brian Moynihan to hold the dual titles of bank CEO and chairman.

Oil Prices Resume Rally

Oil prices rose Friday, erasing earlier losses, as a surprise one-day rally extended to a second day.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

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Greece’s left-wing Syriza party is leading ahead of next month’s elections, a poll published Friday shows, though the gap with the conservative New Democracy party has closed considerably.

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

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Moscow Strains To Upgrade Forces

Even as the country projects a muscular image, a falling ruble and weaker economy has forced President Vladimir Putin to scale back ambitious plans to modernize the military. 65

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The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

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Peer und Papst im Twitter-Rausch

Screenshot/Twitter

Manchmal kann es sich ja lohnen, wenn man sich rar macht: Peer Steinbrück, der frisch gebackene SPD-Kanzlerkandidat und Papst Benedikt XVI, sind zwei Spätberufene auf Twitter. Das Interesse an ihnen ist aber umso größer.

Ein Tweet, 6.052 Follower – so vielversprechend begann die Twitter-Karriere von SPD-Kanzlerkandidat Peer Steinbrück. Einen geradezu himmlischen Start legt auch der Papst hin: Nur ein Tweet und schon mehr als 672,000 Follower. Allerdings hat sein Klub ja immerhin auch 1,2 Milliarden Mitglieder weltweit. Selbst ist der Papst da schon wählerischer: Der Stellvertreter Gottes auf Erden folgt nur sich selbst – den Accounts in verschiedenen Sprachen. “Dear friends, I am pleased to get in touch with you through Twitter. Thank you for your generous response. I bless all of you from my heart.” lautete dann der erste Tweet des Papstes um 11.28 Uhr am Dienstag.

Beide – der Papst und der Peer – durften sich inzwischen aber schon von der Mächtigkeit des Mediums überzeugen. Der Heilige Stuhl bat die Twitter-Nutzer – offenbar in Unkenntnis der Eigendynamik sozialer Medien – dem Papst Fragen unter dem Hashtag #askpontifex zu stellen.

Da der durchschnittliche Twitter-Nutzer vermutlich eher nicht zu eine regelmäßigen sonntäglichen Kirchgänger gehört, wurde das Hashtag schnell von Papstkritikern und Witzbolden gekapert – immerhin kann es ja jeder in seinen Tweet verwenden. Gefragt wurde alles möglich – und das wenigste davon ernst gemeint. Beispielsweise sollte sich der Papst zu seiner Ähnlichkeit mit dem Star-Wars-Charakter Imperator Palpatine äußern.

Screenshot/Twitter

Weniger Witzbolde hat am heutigen Mittwoch Peer Steinbrück mit dem von der SPD ausgegebenen Hashtag #fragpeer angezogen. „Kann losgehen. Lasst uns über Politik reden. Freue mich auf Eure Fragen”, twitterte Steinbrück zum Start. Die Twitter-Community ließ sich nicht lange bitten und überschüttete Steinbrück am Mittwoch geradezu mit Fragen. Steinbrück wird es wohl kaum schaffen, alle zu beantworten – meine drei Frage, die ich Steinbrück auf Twitter stellte, wurden bislang jedenfalls alle nicht beantwortet.

Ein Alt-Twitterer unter den Spitzenpolitikern nutzte das Hashtag gleich für eine Stichelei. Umweltminister Peter Altmaier ätzte: „Lieber @peersteinbrueck: Bitte sagen Sie wenn Sie mal selber twittern, damit wir nicht irrtümlich Ihre Mitarbeiter haftbar machen!”

Besonders interessant ist, dass Steinbrück offenbar keine einzige Frage zur Netzpolitik – vom Leistungsschutzrecht bis zu Vorratsdatenspeicherung – beantwortet hat, obwohl danach auf Twitter naturgemäß besonders häufig gefragt wurde. Zudem zeigte sich der SPD-Kanzlerkandidat ziemlich unbeholfen. So verwendte er sein eigenes Hashtag zunächst nicht, so dass seine Antworten für die Allgemeinheit nur schwer auffindbar waren.

Immerhin war Steinbrück einst stolzer Twitter-Verweigerer. „Ich twittere nicht“, sagte er klipp und klar auf einer Konferenz. Er wolle nicht auf einem Dienst aktiv sein, auf dem er nicht authentisch sein könne, sagt der Kandidat damals. Das Wort vom „Offline-Kandidaten“ machte die Runde. Aber immerhin eine haben sowohl er als auch der Papst noch überholt: Altmaiers Chefin, Kanzlerin Angela Merkel, ist bis heute nicht auf Twitter präsent.

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The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

Stocks Fall After Volatile Week

U.S. stocks declined on Friday afternoon at the end of one of the most volatile weeks in years for global markets. 95

Four Arrested in Hungary Over Migrant Truck Deaths

Flowers were placed where dozens of migrants were found dead.

Hungarian police said they had arrested four men after 71 migrants were found dead in a truck across the border in Austria on Thursday. 97

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 212

Brazil’s Big Bet on China Turns Sour

Brazil’s big bet on China is turning sour as the Asian country’s once voracious appetite for Brazilian exports dims.

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

Treading Line Between War and Peace, U.S. Special Forces Groom Afghan Troops

Special-operations units are trying to get their local counterparts ready for combat before American troops leave Afghanistan.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Fed that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 78

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

IMAGE 1 of 9

‘Craft’ Bourbon Is in the Eye of the Distiller

“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

Syngenta Shareholders Not Happy

Some Syngenta AG shareholders are angry over the rejection of takeover proposals from rival Monsanto Co., which then walked away.

Hermès Plays Down China Luxury Risk

French luxury-goods company Hermès International said it expects demand for its pricey handbags and fashion to remain resilient and grow 8% this year despite the risk of an economic slowdown in China.

Luxury Brands Push Deeper Into India

As sales growth slows in China and other big markets, luxury-goods makers are seeking to cash in on patches of new wealth in often-unexpected parts of India, where there is a growing appetite for luxury brands.

‘Flash Crash’ Trader Denied Extradition Delay

British trader Navinder Sarao had requested a two-month delay in his extradition hearing.

Labor Group Says BofA CEO Moynihan Should Not be Chairman

A labor group is urging Bank of America shareholders to vote against a bylaw change that allows Brian Moynihan to hold the dual titles of bank CEO and chairman.

Oil Prices Resume Rally

Oil prices rose Friday, erasing earlier losses, as a surprise one-day rally extended to a second day.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Lebanon’s youth-led “You Stink” movement initially formed as a protest against mounds of uncollected garbage in Beirut. Now it wants political change.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

China’s World

Markets? To Xi Jinping, Another Battle Comes First

Those who think a wilting economy and stock-market turmoil may divert Xi Jinping’s focus from his anticorruption campaign misunderstand his priorities, writes Andrew Browne.

Syriza’s Poll Lead Narrows Ahead of Election

Greece’s left-wing Syriza party is leading ahead of next month’s elections, a poll published Friday shows, though the gap with the conservative New Democracy party has closed considerably.

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

Russia

Moscow Strains To Upgrade Forces

Even as the country projects a muscular image, a falling ruble and weaker economy has forced President Vladimir Putin to scale back ambitious plans to modernize the military. 65

Mansion

A Swedish Couple’s Lakeside Oasis

Entrepreneur Olof Sköld and his partner, Helene Carson, build a retreat for their family

Technology

Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09