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BusinessWeek | Feb. 9 (Bloomberg) -- Hector Sants, the chief executive officer of Britain's financial regulator, will leave the agency following a national election that will determine the future of the Financial Services Authority. ...
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Wall Street Journal | FRANKFURT (Dow Jones)--General Motors Co.'s European division said Tuesday it plans to invest EUR11 billion by 2014 on its model line-up as part of a complex turnaround plan aimed at reaching break-even in ...
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Wall Street Journal | BERLIN (Dow Jones)--General Motors Co is asking Germany's government and states with Opel sites for EUR1.5 billion in aid for Opel, German Economics Minister Rainer Bruederle said Tuesday. GM has also asked other countries with Opel sites for another ...
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Wall Street Journal | ZURICH (Dow Jones)--UBS AG's (UBS) efforts to fight fund outflows came up short again in the fourth quarter, fanning fears that even the bank's improving financial position won't be enough to persuade wealthy ...
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Wall Street Journal | YOKOHAMA, Japan -- Nissan Motor Co. said Tuesday that it returned to profitability in its fiscal third quarter, as cost cuts and booming demand in China offset the yen's strength, encouraging the company to raise its forecast for ...
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MarketWatch | LONDON (MarketWatch) -- SAS on Tuesday lost as much as a fifth of its already-depressed market cap as the Scandinavian airline said it would turn to shareholders for about $700 million after a quarterly loss. ...
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BusinessWeek | Feb. 9 (Bloomberg) -- Swatch Group AG, the maker of Omega and Longines timepieces, reported an “excellent start” to 2010 and said it expects higher sales and profitability this year as improving economic growth leads consumers to buy more ...
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Reuters | TOKYO, Feb 9 (Reuters) - Toyota Motor Corp (7203.T) said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its ...
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BusinessWeek | Feb. 9 (Bloomberg) -- SAP AG Chief Executive Officer Leo Apotheker, who resigned unexpectedly this week after the board decided not to renew his contract, told employees that he did what was best for the company ...
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BusinessWeek | Feb. 9 (Bloomberg) -- The yen and dollar fell on speculation European officials will agree to assist Greece in tackling its fiscal deficit, reducing demand for the two currencies as a refuge. The euro rallied from near ...
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Reuters | LOS ANGELES, Feb 8 (Reuters) - Toyota faced its first US class-action lawsuits stemming from complaints of faulty brakes in its top-selling Prius hybrid car and from investors claiming they were misled about problems with unintended ...
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Reuters | NEW YORK, Feb 8 (Reuters) - The Dow industrials closed below 10000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles. ...
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Reuters | NEW YORK, Feb 8 (Reuters) - US stocks and the dollar fell on Monday in a see-saw session that saw asset prices rise and fall as investors adjusted their views on the seriousness of the euro zone's sovereign debt troubles. ...
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Wall Street Journal | NEW YORK—A federal judge said on Monday that he hopes to rule by Feb. 19 on whether to approve a $150 million settlement between Bank of America Corp. and the Securities and Exchange Commission over the bank's disclosures before its ...
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CNNMoney.com | NEW YORK (Fortune) -- Not so long ago, John Thain's legacy was that of the Merrill Lynch CEO who redecorated his office for $1.2 million before selling the dying investment firm to Bank of America in ...
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Reuters | LOS ANGELES (Reuters) - The world's largest nuclear plant builder, Areva SA (CEPFi.PA), is entering the solar power industry, with the company announcing on Monday its acquisition of US-based solar thermal player Ausra. Areva did not disclose financial ...