European stocks reverse course; Brazil’s impeachment drama comes to a head; Disney down; Staples and Office Depot call off merger; Spain issues 50-year bonds.
Since succeeding her late father last year, Ana Botín has put a firm stamp on Banco Santander. Now she needs to show that her organic-growth plan can deliver the goods.
Sunday’s anti-austerity referendum has raised the chances that Greece exits the euro; EU leaders have much to do to ensure other countries don’t follow suit.