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  Ford's Profit Falls

  Ford said its second-quarter profit fell more than 7% as the auto maker increased spending on new-model development and paid higher prices for commodities such as steel and plastics.

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  Rivals Hold Greece's Fate in Balance

  Greece's recovery may well hinge on a power struggle between the prime minister and his childhood friend and political rival.

  • Real Time Brussels: Bailout Will Add to Greek Debt
  • Greece Expects Bond Swap
  • Geithner Lauds Greek 'Progress' on Economy

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  Spanish, Italian Borrowing Costs Soar

  Spain and Italy once again paid sharply higher yields than a month ago to sell short-term debt, indicating that euro-zone bond markets remain fragile despite last week's deal on a second bailout for Greece.

  • Europe Rates Resume Climb
  • Business as Usual for Bond Markets?

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  BP Posts Profit; Production Slips

  BP swung to a net profit as oil prices rose but missed analyst expectations after reporting a drop in oil and gas production. Net profit for the second quarter was $5.62 billion compared with a $17.15 billion loss a year ago.

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  UBS Slashes Costs

  UBS said it will cut an undisclosed number of jobs as it slashes up to 2 billion Swiss francs in costs after second-quarter net profit collapsed by almost half.

  • The Source: UBS Assailed From All Quarters

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  Deutsche Bank Profit Rises

• Swiss Franc Gives Shelter in Storm

• News Corp. Board Challenged

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  RBI Raises Key Rate to Fight Inflation

• European Stocks Edge Higher

• Despite U.S.-Debt Doubt, Most Asian Markets Rise

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  Talks to Save Borders Stores Fail