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EU promises firm response to US steel tariffs

The European Union said Thursday it would react firmly with a proposal within days for WTO-compatible countermeasures against the United States for trade restrictions on steel and aluminum, which it called a "blatant intervention" to protect U.S. industry. "We strongly regret this step,...

Goldman Sachs, SocGen bid for unit of Commerzbank

Goldman Sachs Group Inc. and Societe Generale SA have submitted final bids for the Commerzbank AG unit that houses the lender’s exchange-traded fund business, according to people familiar with the situation. Barclays PLC, which was said to be interested in the Equity Markets and Commodities...

Coca-Cola defeats U.S. lawsuit over Diet Coke ads

A federal judge has dismissed a lawsuit claiming that Coca-Cola Co.’s advertising for Diet Coke misleads people into thinking that consuming the soft drink assists in weight loss, and that it actually causes weight gain. The plaintiff, Shana Becerra, claimed that she and others would not have...