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| Yahoo! News: Business News Updated : Sun, 05 Feb 2012 20:08:14 GMT Nigeria oil line on fire; militants claim attack (AP) AP - An Eni SpA oil pipeline ruptured and caught fire as a militant group claimed responsibility for an attack in the region, their first alleged assault in months as its purported leader awaits trial on terrorism charges in South Africa. Publ.Date : Sun, 05 Feb 2012 14:52:46 GMT Markets rally after forecast-busting US jobs data (AP) AP - Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world's largest economy is gathering pace at a time when other regions, notably Europe, may be heading back into recession. Publ.Date : Fri, 03 Feb 2012 14:42:40 GMT 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. Publ.Date : Sat, 04 Feb 2012 21:56:27 GMT Greece on "knife edge" in push to agree bailout (Reuters) Reuters - Greece's prime minister scrambled Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours remained to clinch a deal to avoid a messy default. Publ.Date : Sun, 05 Feb 2012 17:22:52 GMT 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. Publ.Date : Fri, 03 Feb 2012 11:38:05 GMT Glencore, Xstrata hammering out final deal details (Reuters) Reuters - Top executives at trader Glencore and miner Xstrata are hammering out the final details of an $80 billion tie-up to seal the industry's largest ever takeover, which could be announced as early as Tuesday. Publ.Date : Sun, 05 Feb 2012 15:02:16 GMT 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. Publ.Date : Fri, 03 Feb 2012 22:54:10 GMT 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. Publ.Date : Fri, 03 Feb 2012 15:54:58 GMT Euro zone insists no Greek rescue without reforms (Reuters) Reuters - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF. Publ.Date : Sun, 05 Feb 2012 14:15:41 GMT Palestinians call for PM's fall over taxes (AP) AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases. Publ.Date : Sat, 04 Feb 2012 12:27:10 GMT Increase Search Engine Traffic |