Bumper harvests and big stockpiles of food are helping to drive world food prices down to the lowest levels for about 15 years, the U.N. Food and Agriculture Organization reported on Thursday.

The economic skies above the eurozone darkened again on Thursday as data showed a sharp drop in exports from its two biggest economies, Germany and France.

Firms from a range of countries will invest $2.12 billion to develop oil fields in Ecuador's Amazon basin region, the government said Wednesday.

In his pristine dispensary on a quiet corner in Paris, chemist Antoine Louguot never thought he would hang up his white coat in protest and go on strike.

Japan Tobacco said it may close two European factories and cut production at a third in a move that could see about 1,100 layoffs, citing a "challenging operating environment".

The company plans to hold talks with unions representing workers in Lisnafillan, Northern Ireland, and Wervik, Belgium about shutting the sites, while some production at its Trier plant in Germany will be relocated, it added.

The perfect baguette has long been the ultimate test for aspiring bakers the world over.

And now the ability to produce this long, thin loaf is in global demand because the appetite for baked delights from France is surging in regions with burgeoning middle classes -- notably Asia and the Middle East.

Deep divisions within the European Union over the rules governing the euro will be aired once more at an emergency jobs summit here on Wednesday.

Italy's energetic young prime minister, Matteo Renzi, has billed the meeting, the latest in a long series of similar gatherings, as an opportunity to begin a debate on how to reshape the bloc's policies towards measures to bolster demand and growth, although the official agenda is supposed to be all about youth unemployment.

Lego is making global domination look like child's play, as the world's biggest toy-maker puts the building blocks in place to lead rivals in Asia and buck an industry-wide revenue dip.

The Danish toys juggernaut overtook Mattel in the first half of the year.

The Quandt family, shareholders of carmaker BMW, have overtaken the founders of discount supermarket chains Aldi and Lidl as Germany's wealthiest family, weekly Manager Magazin said on Tuesday.

The Philippines has pushed back its 2013 target to attain self-sufficiency in rice production by another two years, an official said Tuesday, adding that the country will likely have to import hundreds of thousands of tonnes next year.