AP – Stocks surged Tuesday morning as hopes grow the European Union will help Greece with its growing debt burden.
AP – General Motors Co.’s Opel unit asked European governments for billions of euros (dollars) in aid on Tuesday as it formally presented a restructuring plan that will result in some 8,300 job cuts.
Reuters – Stock index futures rose on Tuesday, buoyed by hopes that European Union nations could bail out debt-burdened Greece.
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Reuters – Stock futures rose on Tuesday, pointing to a higher start for Wall Street after sharp falls in the previous session, but with some caution expected to persist over euro zone debt concerns.
Reuters – China Investment Corp , the country’s $300 billion sovereign wealth fund, has made its biggest U.S. equity bets in natural resources and financial stocks.
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AP – NYSE Euronext, the trans-Atlantic stock exchange operator, said Tuesday it returned to profit in the fourth quarter as cost-cutting helped offset a drop in revenue from falling global share trading volumes.
AP – Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world’s largest automaker.
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AP – Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world’s largest automaker.
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AFP – Troubled Swiss bank UBS said Tuesday that it had returned a 1.20 billion Swiss franc profit (1.12 billion dollars, 821 million euros) in the final quarter of 2009, shrugging off more than a year of quarterly losses.
AP – Atmel Corp.’s loss widened in the fourth quarter as the chip designer wrote down the value of its business, but its sales rose and investors pushed up its stock price after hours Monday.
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