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.

Global air cargo traffic will double in the next 20 years, enjoying annual growth of 4.7 percent as international trade picks up after a long period of stagnation, U.S. aerospace giant Boeing predicted Tuesday. 

Major airline operators were severely hit by the global financial crisis in 2008 and, despite a rebound in 2010, worldwide air cargo traffic has remained flat in recent years.

Workers on London's Underground train system will stage a 48 hour strike next Tuesday, the transport union said, risking travel chaos in a long-running dispute over ticket offices closures.

European Union anti-trust regulators are to challenge Luxembourg over its tax deals with Internet shopping giant Amazon that Brussels believes amount to illegal state aid, a report said on Tuesday.

Russia has long had a problem with capital flight, but this time entrepreneurs are also fleeing given that President Vladimir Putin appears to be turning the screws as the dispute with the West over Ukraine drags on.

Russia's ruble plunged on Monday, reaching an all-time low of more than 40 rubles to the dollar.

The ruble slumped to 40.05 to the dollar shortly after Moscow markets opened, the first time the Russian national currency weakened beyond the psychologically important rate of 40 to the dollar.

Euro Disney, which runs Disneyland Paris, one of Europe's top tourist attractions, announced Monday it was receiving a billion-euro refinancing package to overcome a crisis after a drastic fall in visitor numbers.

The news sent shares in the company plummeting by as much as 21 percent on the Paris stock market, which was marginally in positive territory overall.