As Oil Prices Fall, Tensions Among OPEC Members Seem to Deepen. OPEC is increasingly torn between its moderate members that can afford a period of lower oil prices and those countries that have become much more dependent on high prices.

European Regulators Widen Inquiry Into Drug Makers. Regulators in Europe led a second round of raids on drug companies, just days before their planned release of findings from an earlier antitrust investigation.

Call to Let Tax Breaks Cover Banks Outside U.S.. Foreign banks doing business in the U.S. are ramping up pressure on the Treasury Department to grant them the same tax breaks given to their American counterparts under the $700 billion bailout.

Solvency Issues May Jeopardize Bell Canada Deal. Bell Canada, the largest phone company in Canada, said the economic slump might prevent its takeover from closing on time, signaling the buyout might collapse.

New Efforts for Stimulus in Europe and China. China announced its largest interest rate cut in more than a decade, while the European Union outlined a $258 billion plan to spur growth on the Continent.

The Prestigious Design of Ferrari’s Factory. Ferrari is highlighting a brand and underscoring a claim to luxury style through the innovation of a factory design.

Aeroflot Faces a Politically Connected Rival. A government-sponsored merger of 11 regional airlines has twice as many aircraft as Russia’s national airline.

UBS Finds Limited Tax Fraud Involving Wealthy Americans. An inquiry by the Swiss banking giant is looking at fraud cases involving American clients.

Mile of London Tunnels for Sale, History Included. After years of lying unused, a historic tunnel complex built in 1940 can be bought for $7.4 million.

U.K. Takes Majority Stake in RBS. The British government took control of Royal Bank of Scotland after investors shunned the bank’s share sale.

Inflation Falls in Europe; Big Rate Cut Seems Likely. The European Central Bank is expected to make its largest-ever interest rate cut next week.

Europe Accuses Drug Makers of Padding Health Care Costs. The European Union accused drug companies of adding billions of dollars to health care costs by delaying or blocking the sale of less-expensive generic medicines.

Fears That a Weakened British Pound May Grow Weaker. Some in Britain fear that the government’s plan to borrow and spend to counter the current recession may lead to a run on the pound.

Violence Clouds India’s Economic Future. The terrorist siege is likely to threaten India’s already murky economic future and thwart plans to transform Mumbai into a regional financial center, economists said.

Britain Hopes to Lure Shoppers With Weak Pound. Compared to last year, the British pound has dropped substantially, with retailers hoping to lure American tourists while also enticing Britons to shop at home.

China’s President Cites Threat of Global Slowdown. President Hu Jintao warned that China could lose its competitive edge as trade growth slows amid the global financial crisis.

OPEC Ends Meeting With No Plan to Prop Up Prices. With demand plunging, members of the oil cartel are struggling to maintain unity.

Ryanair Makes New Bid for Aer Lingus. Ryanair, Europe’s biggest low-cost airline, made a new offer to buy the 70 percent of its Irish rival Aer Lingus that it does not already own.

Toyota Trims Management Pay. Toyota Motor said it would cut management bonuses by 10 percent as the global economic slowdown deepens.

Deutsche Rejects a Rescue, Even as Its Shares Tumble. Deutsche Bank fancies itself an exception to the view that giant banks need rescuing. But the markets will have the final word, and so far they are not buying the story.

Itineraries: The Dislocated Americans. When an overseas posting fails, the problem is often not the worker, but the spouse and children.

Some Nations That Spurned the Euro Reconsider. European governments that have been forced to defend their currency now see a value in a common currency.

Wall St. Partially Recovers From Sell-Off. Investors waded back into the stock market on Tuesday, a day after an enormous collapse sent values back to their levels from last week.

British Airways in Talks With Qantas. The addition of Qantas would add a significant Asia-Pacific element to a joint business agreement including British Airways, American Airlines and Iberia Airlines.

European Regulators Again Revise Bank Subsidy Rules. The European Commission is concerned that financial infusions might be improper subsidies.

Japan Acts to Ease Crisis in Corporate Credit. The Bank of Japan announced emergency measures to ease an acute squeeze in corporate funding that threatens to push Asia’s largest economy deeper into recession.