| Toyota in global recall of Prius Toyota recalls thousands of Prius cars in Japan because of braking problems, in the latest blow to the world's largest carmaker.  New markets boost Coca Cola sales Coca Cola sees sales and profits rise following a strong performance in developing markets. Euro bounces back against dollar The euro strengthens against the pound and the dollar ahead of a meeting of EU leaders later this week. Opel plans 11bn euro investment General Motors' Opel unit announces plans to invest 11bn euros ($15bn; £9.7bn) in new cars over the next five years. Swiss bank UBS returns to profit Swiss bank UBS reports its first quarterly profit for a year, helped by lower costs and a large tax credit UK financial regulator resigns Hector Sants, chief executive of the UK's Financial Services Authority, announces he is to step down as head of the City regulator. Greece 'to ban early retirement' Greece's government intends to raise the pension age and ban early retirement as it tackles its budget crisis. Nissan reports return to profit Japanese carmaker Nissan has reported a return to profit for the last three months of 2009. Chavez declares energy emergency President Hugo Chavez says emergency measures are needed to help tackle Venezuela's power shortages. Ex-Merrill boss takes over at CIT The former chief executive of Merrill Lynch, John Thain, was at the heart of the bonus row - now he has a new job as boss of US lender CIT. News Wizard |