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WSJ.com: US Business
US Business
Productivity May Slow in 2011 - Global economic productivity rallied strongly last year thanks to a notable economic recovery, but it is likely to flag in 2011 in advanced economies as employment catches up.

BP, Rosneft Deal Draws Criticism - BP has hailed its $16 billion share swap with Russian oil giant Rosneft as a ground-breaking maneuver in the oil industry, but the deal is drawing criticism in Washington over its potential implications for U.S. national security.

ICBC to Double Europe Presence - Industrial & Commercial Bank of China plans to open branches in Paris, Brussels, Amsterdam, Milan and Madrid over the next two weeks, more than doubling the European presence of China's biggest lender.

Permira Names New Asia Co-Heads - Private-equity firm Permira named Henry Chen and Alex Emery partners and co-heads of Asia, in charge of development of the firm across the Asia-Pacific region.

U.S. Banks Loosen Purse Strings - U.S. banks are expanding their loans to consumers for the first time since the credit crisis erupted, as lending standards begin to loosen and demand for new loans edges higher.

In Hunt for Coal, Rio Tinto Presses Deeper into Africa - Rio Tinto's big challenge in Mozambique. Plus, why Scottish engineering group Weir should make a move on Switzerland's Sulzer.

BP and Rosneft to Swap Stakes - BP has struck a share-swap deal with Russian-owned oil company Rosneft that will allow BP to jointly explore and develop parts of the Russian Arctic.

Renault Executive to Fight Dismissal - Michel Balthazard, one of the three Renault managers suspected in of leaking electric vehicle secrets, is planning to fight the company's decision to dismiss him, his lawyer said.Portugal, Qatar Seek

Stronger Ties - Portugal's prime minister, in his first visit to the Persian Gulf, said the purpose of his trip was to develop commerical relations with Qatar and not to discuss Qatar's interest in buying Portugal's sovereign debt. Stores Fret Over

Outlook - Retailers saw their best holiday season since the start of the recession, but a loss of momentum in December fed concerns about the strength of the sector's revival in the new year. View all...