Burberry design director Christopher Bailey will become chief executive, replacing Angela Ahrendts, who is leaving to join Apple. Read more..

By SUZY MENKES and DAVID JOLLY - The New York Times

Revenue for the third-quarter at Coke, the world’s largest soft drink company, declined 3 percent but the company expects its sales in emerging markets to grow. Read more..

By REUTERS - The New York Times

An agreement by Britain cleared the way for rules placing big euro zone lenders under the supervision of the European Central Bank. Read more..

By JAMES KANTER - The New York Times

Teenagers will now be able to post items that can be seen by the public, making it easier for the social network to turn a post into an ad that can be shown widely. Read more..

By VINDU GOEL - The New York Times

Some business executives outside of the United States fear that, even with a debt-ceiling solution, the world economy may suffer damage that may not be easy to reverse. Read more..

By JACK EWING - The New York Times

Officials, brokers and developers are debating whether Indonesia's resurgent commercial and residential real estate markets are a cause for jubilation or concern; high rents and prices have been subject of particular scrutiny because real estate helped cause financial collapse in late 1990s and because currency has been one of hardest hit among emerging markets in recent months. Read more..

By KEITH BRADSHER - The New York Times

Notable properties that have been recently listed for sale, sold or leased. Read more..

By ROSALIE R. RADOMSKY - The New York Times

Lawyer and writer Glenn Greenwald says he is leaving Guardian, British daily, for new journalistic venture; he provided biggest journalistic disclosure of year when he published revelations from Edward J Snowden about government surveillance. Read more..

By LESLIE KAUFMAN and DAVID CARR - The New York Times

Increasing number of Americans with deep pockets and traceable Irish roots pay cash to buy Irish castles and manor houses at bargain rates; many properties are being sold for about third of 2007 levels. Read more..

By KERRY HANNON - The New York Times