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Data, Fed to test if rally has legs
NEW YORK (Reuters) - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to this week's economic data and statement from the central bank for evidence the recovery is still on track.
Greek bailout tops EU finance ministers' agenda
BRUSSELS (Reuters) - Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French and German doubts that a deal will be reached.
BYD posts record Q4 profit on robust sales
SHANGHAI/HONG KONG (Reuters) - BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday, as Beijing's policy initiatives boosted demand in the world's largest car market.
"No need" for Greek bailout decision - German finance minister
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said there was no reason for Euro zone finance ministers to make any decision on financial aid for debt-ridden Greece when they met on Monday.
KKR and Warner Music eye break-up bid for EMI: report
LONDON (Reuters) - Private equity firm KKR <KKR.UL> and U.S. music company Warner Music Group <WMG.N> are in talks to launch a break-up bid for Warner's indebted British rival EMI <LNDONE.UL>, reported the Sunday Times.
UBS may return to commodities in 2010: report
ZURICH (Reuters) - UBS <UBSN.VX> is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment bank.
Uranium major Niger urged to review contracts
NIAMEY (Reuters) - The new junta ruling in Niger, one of the world's biggest uranium producers, should review and possibly renegotiate dozens of resource exploitation contracts, civil rights groups said on Saturday.
China's Wen pushes back against yuan rise calls
BEIJING (Reuters) - Chinese Premier Wen Jiabao on Sunday spurned foreign calls for the yuan to rise and showed no let up in scolding the United States over recent bilateral tensions.
Greeks back austerity measures, oppose unrest: poll
ATHENS (Reuters) - Most Greeks think draconian austerity measures announced by the government earlier this month were along the right lines and many feel labor unions should not oppose them too aggressively, a poll showed.
Kuwait Dar seeks government support
KUWAIT (Reuters) - Kuwait's Investment Dar <TIDK.KW>, which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restructuring.
Greece must work on issues before help: Nowotny
VIENNA (Reuters) - Greece should show it has taken steps to get its public finances in order before external help can be given, European Central Bank Governing Council member Ewald Nowotny told Austrian television on Sunday.
China's Wen wraps populist agenda in poetry
BEIJING (Reuters) - Chinese Premier Wen Jiabao displayed the showmanship and soft-edged populism on Sunday that has drawn both devotees and critics as he seeks to tame the nation's wild ride of industrial expansion.
Euro finance ministers to agree on Greek aid: source
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.
France's Lagarde not expecting decision on Greece
NEW YORK (Reuters) - French Economy Minister Christine Lagarde said on Saturday that she does not expect Euro zone finance ministers to make any decision on financial help for Greece when they meet next week.
France's Lagarde does not expect decision on Greece
NEW YORK (Reuters) - French Economy Minister Christine Lagarde said on Saturday that she does not expect any decision to be made by Euro zone finance ministers next week on financial help for Greece.
Ifo's Sinn warns EMF could endanger euro
MUNICH, Germany (Reuters) - A European Monetary Fund risks skewing the incentives of debt-ridden euro zone countries thereby endangering the stability of the euro, the head of Ifo think tank told Reuters in an interview.
Swisscom CEO says Fastweb victim of fraud: report
ZURICH (Reuters) - The chief executive of Swisscom AG said Fastweb was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defense of his company's subsidiary.
Kuwait Dar seeks legal protection
KUWAIT (Reuters) - Kuwait's Investment Dar <TIDK.KW>, which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt-restructuring plan.
MGM Mirage says CityCenter contractor to file suit
LOS ANGELES (Reuters) - The primary general contractor for the $8.5 billion CityCenter project on the Las Vegas Strip plans to sue the project's owners for $492 million.
Germany unaware of Greek bailout, EU says no deal done
BRUSSELS (Reuters) - Germany's Finance Ministry said on Saturday it was not aware of any agreement by euro zone members to bail out heavily indebted Greece, and the European Union's executive said no such deal had been concluded.
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