European stocks slip on doubts over Greek rescue
(AP)
AP - World stock markets fell Thursday and the euro weakened on concerns the European Union will not agree to give Greece concrete financial support, leaving it to potentially seek assistance from the International Monetary Fund.
Porsche takes top spot in dependability study
(AP)
AP - Porsche shot to the top of a closely watched study of long-term vehicle dependability, overtaking U.S. and Japanese rivals, J.D. Power and Associates said Thursday.
Greek PM: need firmer rescue plan from eurozone
(AP)
AP - Greece's Prime Minister George Papandreou said Thursday his country needs a firmer eurozone bailout plan to lift market pressure on his government and lower its borrowing rates.
US ambassador urges China cooperation on Iran
(AP)
AP - Beijing needs to take seriously American concerns about the value of the Chinese currency, but bilateral disputes should not impede cooperation on global issues such as climate change and Iran's nuclear program, the U.S. ambassador to Beijing said Thursday.
IBM denies tax evasion in Japan
(AFP)
AFP - IBM Japan on Thursday denied it had evaded taxes after news reports said authorities were probing whether it had failed to declare more than 4.4 billion dollars in income.
Gov't bank auditors got big bonuses
(AP)
AP - Banks weren't the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out millions of dollars to bank regulators, rewarding "superior" work even as an avalanche of risky mortgages helped create the meltdown.
FTSE 100 posts solid gains
(AFP)
AFP - FTSE 100 shares posted solid gains on Wednesday as investors welcomed the US Federal Reserve's upbeat economic outlook, analysts said.
Fed boss makes case to keep all banking duties
(AP)
AP - Federal Reserve Chairman Ben Bernanke on Wednesday urged Congress not to scale back the Fed's regulatory authority over banks. He said the Fed needs the information it gleans from its bank oversight to set interest rates and gauge the health of the banking system.
China Mobile says 2009 profit up 2.3 percent
(AP)
AP - China Mobile Ltd., the world's biggest phone carrier by subscribers, said Thursday its 2009 profit rose 2.3 percent over a year earlier and warned it faces growing competition.
Strikes in Greece over proposed tax law overhaul
(AP)
AP - Greek taxi drivers and many gas station owners are striking against a proposed overhaul of tax laws under the government's efforts to overcome its debt crisis.