| In the News : |
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Central bank liquidity tap to stay open
(Reuters)
| Reuters - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.
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Greece says faces 24-hour deadline to clinch rescue
(Reuters)
| Reuters - Greece has just one day left to strike a deal with impatient lenders and reluctant political party leaders on a 130 billion rescue plan before the country is pushed towards a chaotic default, its finance minister warned on Saturday.
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Jobless rate at 3-year low as payrolls surge
(Reuters)
| Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
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Hungary seeks 15-20 billion euro IMF/EU credit line: official
(Reuters)
| Reuters - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
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Analysis: Stock-picking makes a comeback as macro tides fade
(Reuters)
| Reuters - Stock-picking once again matters on Wall Street.
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Nervous markets eye U.S. jobs report, Greece
(Reuters)
| <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120203/bs_nm/us_markets_global"><img src="http://d.yimg.com/a/p/rids/20120203/i/r2499532942.jpg?x=130&y=87&q=85&sig=KaonZVMCvE6Wjq6rluqx6w--" align="left" height="87" width="130" alt="Passers-by are reflected in a stock index board outside a brokerage in Tokyo June 17, 2010. Japan's Nikkei average fell 0.7 per cent after five days of gains, coming off one-month highs, though support was expected to hold at the level of the benchmark's 25-day moving average. REUTERS/Issei Kato" border="0" /></a>Reuters - Caution ahead of U.S. jobs numbers kept a lid on gains for stock markets on Friday after an optimistic start to the year that has added more than 7 percent to global company values.</p><br clear="all"/>
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Jobs numbers boost Obama, needs lasting trend
(Reuters)
| Reuters - An unexpectedly strong jobs report on Friday boosted President Barack Obama's re-election prospects, but the trend must last to deny his opponents the biggest cudgel they have to bash him before the November election.
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Aon Q4 profit rises, but margin pressures persist
(Reuters)
| Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
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Clinton: US, Europe must do more against tyrants
(AP)
| <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120204/ap_on_re_eu/eu_us_europe"><img src="http://d.yimg.com/a/p/ap/20120204/capt.fb4b7be3c8a8463986f0d0d2347eb550-fb4b7be3c8a8463986f0d0d2347eb550-0.jpg?x=130&y=102&q=85&sig=_DXQrTn.u00dtUESpnZiCQ--" align="left" height="102" width="130" alt="US Secretary of State Hillary Rodham Clinton arrives at the Security Conference on Saturday, Feb. 4, 2012 in Munich, Germany. Politicians and military representatives will join for the 48. Munich Security conference from Friday, Feb. 3 until Sunday, Feb. 5, 2012.(AP Photo/Frank Augstein)" border="0" /></a>AP - The Obama administration on Saturday called for stepped up U.S.-European cooperation to isolate tyrannies like the Assad regime in Syria, promote democracy in the Arab World and beyond and repair damage from the global financial crisis.</p><br clear="all"/>
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New York sues banks over electronic mortgage system
(Reuters)
| Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
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Report: Monti says Italy a "safe place"
(AP)
| <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120204/ap_on_bi_ge/eu_europe_financial_crisis"><img src="http://d.yimg.com/a/p/ap/20120204/capt.fb4b7be3c8a8463986f0d0d2347eb550-fb4b7be3c8a8463986f0d0d2347eb550-0.jpg?x=130&y=102&q=85&sig=_DXQrTn.u00dtUESpnZiCQ--" align="left" height="102" width="130" alt="US Secretary of State Hillary Rodham Clinton arrives at the Security Conference on Saturday, Feb. 4, 2012 in Munich, Germany. Politicians and military representatives will join for the 48. Munich Security conference from Friday, Feb. 3 until Sunday, Feb. 5, 2012.(AP Photo/Frank Augstein)" border="0" /></a>AP - Italy is now a "safe place" amid market turbulence, Premier Mario Monti said in an interview published Saturday, pressing for Europe to turn its political energy to generating growth rather than further plans to strengthen budget discipline.</p><br clear="all"/>
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Euro zone sales tumble at Christmas, no sign of growth
(Reuters)
| Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.
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Romney focuses on Obama, Gingrich on Romney in NV
(AP)
| <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120203/ap_on_el_pr/us_gop_campaign"><img src="http://d.yimg.com/a/p/ap/20120203/capt.faf263cd7107418c96a09b02092a76cb-faf263cd7107418c96a09b02092a76cb-0.jpg?x=130&y=87&q=85&sig=bIg82gYdaJek2HoF9VQvLw--" align="left" height="87" width="130" alt="Republican presidential candidate, former House Speaker Newt Gingrich speaks at Stoney's Rockin Country, Friday, Feb. 3, 2012, in Las Vegas, Nev. (AP Photo/Evan Vucci)" border="0" /></a>AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.</p><br clear="all"/>
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Russia admits brief cut of gas supplies to Europe
(AP)
| <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120204/ap_on_bi_ge/eu_russia_gas_supplies"><img src="http://d.yimg.com/a/p/ap/20120204/capt.c34599b54733401fbea83526cd9af3ef-c34599b54733401fbea83526cd9af3ef-0.jpg?x=94&y=130&q=85&sig=PpV1.LBZr116KbTnF1RL5A--" align="left" height="130" width="94" alt="Russian Prime Minister Vladimir Putin chairs a meeting on gas supplies to Europe in Moscow, Saturday, Feb. 4, 2012. Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold. (AP Photo/RIA-Novosti, Alexei Nikolsky, Government Press Service)" border="0" /></a>AP - Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.</p><br clear="all"/>
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Palestinians call for PM's fall over taxes
(AP)
| <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120204/ap_on_bi_ge/ml_palestinians_tax_battle"><img src="http://d.yimg.com/a/p/ap/20120201/capt.2662d0f4050a475cad1eb43b67cf8e96-2662d0f4050a475cad1eb43b67cf8e96-0.jpg?x=130&y=88&q=85&sig=hYCCf9bTeGdXJ5QazaMUgA--" align="left" height="88" width="130" alt="German Foreign Minister Guido Westerwelle, left, speaks during a joint news conference with Palestinian Prime Minister Salam Fayyad in the West Bank city of Ramallah, Wednesday, Feb. 1, 2012. (AP Photo/Majdi Mohammed)" border="0" /></a>AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.</p><br clear="all"/>
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GM says most of its US dealers agree to upgrades
(AP)
| AP - General Motors Co. said Saturday that most of its 4,400 U.S. dealers have agreed to upgrade their showrooms over the next four years.
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