 Comment & Analysis |
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Honda expands recall, more Toyotas probed
(
Reuters)
03:50 AM
TOKYO/DETROIT (Reuters) - Honda Motor Co said it would recall another 440,000 cars around the world for faulty airbags as rival Toyota Motor Corp faced further probes over its largest-ever safety crisis.
European governments agree to help Greece
(
Reuters)
10:39 PM
Tuesday February 9
BERLIN (Reuters) - European governments have agreed in principle to help heavily indebted Greece, a senior German coalition source said on Tuesday, in what would be the first rescue of a euro zone member in the currency's 11-year history.
German government denies decision on Greece aid
(
Reuters)
06:47 PM
Tuesday February 9
BERLIN (Reuters) - Reports that the euro zone has made a decision to help debt-stricken Greece were unfounded, a spokesman for the German government said on Tuesday.
ECB says can't bail out Greece, sees contagion risk
(
Reuters)
06:47 PM
Tuesday February 9
VIENNA/HELSINKI (Reuters) - Greece must get its own house in order itself as the European Central Bank cannot bail it out, two ECB policymakers reiterated on Tuesday.
Greece contagion for CEE seen only for short-term
(
Reuters)
06:47 PM
Tuesday February 9
PRAGUE (Reuters) - The euro zone's fiscal woes have spooked investors in Europe's emerging east into fleeing short-term bets on currencies but few expect a repeat of the selloff that marked the height of the crisis last year.
FACTBOX - Greece presents wage, tax reform to cut deficit
(
Reuters)
06:47 PM
Tuesday February 9
ATHENS (Reuters) - Greece unveiled key provisions of its tax and its public sector wages reforms on Tuesday, aimed at increasing state revenues and reducing its deficit.
Defence must avoid axe in budget cuts - MPs
(
Reuters)
12:17 AM
LONDON (Reuters) - The next government should not commit to an ambitious deficit reduction plan until it has assessed the nation's future defence needs, MPs said Wednesday.
BHP cautious on China demand
(
Reuters)
02:41 AM
MELBOURNE (Reuters) - Top global miner BHP Billiton signalled caution over a sustained global recovery and held off from a share buyback after reporting its weakest first-half profit in four years.
Politicians urged to back "Robin Hood" tax
(
Reuters)
12:30 AM
LONDON (Reuters) - A global tax on banks' financial transactions should be introduced to fight poverty, protect public services and tackle climate change, a group of nearly 50 organisations said in a letter to political leaders.
EU hedge fund plan seen threatening economy
(
Reuters)
12:11 AM
LONDON (Reuters) - European Union plans to regulate managers of hedge funds and other alternative investments need changing to avoid damaging Europe's economy and curbing investor choice, a report from British MPs said on Wednesday.
Outgoing Cadbury head calls for UK M&A re-think
(
Reuters)
08:10 PM
Tuesday February 9
LONDON (Reuters) - Cadbury's outgoing chairman joined calls for Britain to re-examine its long-standing openness to takeovers and the role of hedge funds in bid battles, after the chocolate maker's $18 billion (11.5 billion pounds) sale to Kraft Foods Inc.
Kraft confirms Cadbury's plan to shut Bristol plant
(
Reuters)
06:22 PM
Tuesday February 9
LONDON (Reuters) - Kraft Foods Inc said on Tuesday it would not reverse a decision by Cadbury Plc to close a manufacturing plant near Bristol because the firm's plans were too advanced to change them.
Greece rescue talk supports stocks
(
Reuters)
02:56 AM
HONG KONG (Reuters) - Asian stocks rose on Wednesday after reports that Europe was close to bailing out debt-strapped Greece, coaxing investors back to riskier assets, though uncertainty kept a lid on the euro.
JPMorgan Cazenove CEO to step down
(
Reuters)
12:40 AM
LONDON (Reuters) - The chief executive of JPMorgan Cazenove is to step down next month as his short-term integration role comes to an end, the Financial Times reported in its Wednesday edition.
Oil rises above $73 on dollar
(
Reuters)
03:54 AM
NEW YORK (Reuters) - Oil rose to settle more than 2 percent higher on Tuesday, buoyed by a weaker U.S. dollar, gains on Wall Street, and a storm approaching the U.S. Northeast.
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