 Telegraph.co.uk | German Bunds Rise as Greek Leaders Struggle to Reach Debt Deal BusinessWeek By Lukanyo Mnyanda and Keith Jenkins Feb. 7 (Bloomberg) -- Germany's bonds advanced for a second day as Greek Prime Minister Lucas Papademos prepared to meet the nation's political leaders to discuss extra austerity needed to get a second European ... Papademos Seeks Greek Consensus on Cuts Markets Nervous as Greek Crisis Talks Continue Greek PM To Send New Loan Terms To Party Chiefs Ahead Of Meeting-Source |
 Globe and Mail | Glencore-Xstrata deal meets shareholder opposition Reuters By Sarah Young and Eric Onstad | LONDON (Reuters) - Two top 10 shareholders in miner Xstrata said on Tuesday they would vote against a takeover by commodities trader Glencore, threatening the industry's biggest deal to create a powerhouse spanning ... Glencore Agrees to Buy Xstrata, Values Target at $62 Billion Glencore, Xstrata to merge, creating $90B group Glencore and Xstrata Announce $90 Billion Deal |
 USA TODAY | Verizon teams with Redbox for video streaming service Montgomery Advertiser AP NEW YORK -- Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks. Verizon and Coinstar Inc., Redbox's parent company, said Monday that the service will ... Redbox and Verizon to create streaming movie service Coinstar Soars on Profit, Buyout of NCR Unit: Los Angeles Mover Verizon, Redbox plan Netflix challenge |
 Telegraph.co.uk | BP raises dividend as progress returns Financial Times By Sylvia Pfeifer, Energy Editor BP sought to draw a line under the past two years since the Gulf of Mexico crisis, raising its dividend for the first time since it resumed pay-outs a year ago and hailing the return of “operational momentum”. BP's $25bn annual profit sees confidence and dividends soar BP Upgrades Dividend For 1st Time Since Spill, But Questions Linger BP swings into huge profit before US criminal trial |
 Moneycontrol.com | Brent hits 6-month high over $116 on Iran, cold Reuters By Christopher Johnson | LONDON (Reuters) - Brent crude oil rose above $116 per barrel to a six-month high on Tuesday as threats from Iran to ban exports to some European states stoked supply concerns, overshadowing fears that Greece's debt crisis was ... Oil Trades Near Six-Week Low on Forecast of Rising US Supplies Corn Falls; Crude Oil Declines; Gas Slides: Commodities at Close State media: Iran is ready to ban oil exports to Europe |
 BBC News | UBS Net Profit Falls, Bank Cautious On Outlook Wall Street Journal By Anita Greil Of DOW JONES NEWSWIRES ZURICH (Dow Jones)--Presenting its first set of earnings under new Chief Executive Sergio Ermotti, UBS AG (UBS) Tuesday said fourth-quarter net profit fell 76%, as trading in shares and bonds slowed to a trickle, ... UBS warns of poor Q1 as investment bank struggles UBS posts fourth-quarter earnings drop to 393 million francs, after rogue ... UBS Plans to Sell Contingent Capital in Near Future, CFO Says |
 Houston Chronicle | Former Nabors CEO foregoes $100m retirement payout Gas Business Briefing Continual shareholder criticism concerning a $100m retirement payout that's larger than his company's quarterly earnings prior to his retirement convinced former Nabors Industries CEO Euguene Isenberg to reject the payout. Currently Nabors chairman ... US CEO gives up $100mn payout Nabors' Isenberg gives up $100 million pay claim Under fire, oil exec gives up $100 million severance pay |
 AFP | Spanish Banks to Set Aside Billions for Toxic Assets New York Times MADRID — Spain's three largest banks announced billions of euros in extra provisions on Tuesday to meet new government rules to clean up ailing property assets, while the more exposed Bankia was looking at a possible merger to meet the requirements. Spain Top Banks Set EUR7.5B Extra Provisions On Properties * Provisions between 2.2-2.4 bln euros Spanish banks book provisions against property sector |
 Wall Street Journal | RPT-Local firms vie for Yum's slice of the China market Reuters * Investors eye China ops as Yum reports Q4 earnings on Mon * Yum aims to open 600 stores in China in 2012 * China to account for 50 pct of global revs in 2012-Credit Suisse By Terril Yue Jones BEIJING, Feb 3 (Reuters) - Four floors up overlooking the ... Yum Profit Leaps On China Growth Yum Brands profit soars 30% largely from Chinese expansion Yum Brands posts 30 percent 4th-qtr profit rise |
 BBC News | Toyota raises annual profit forecast, eyes recovery Reuters * Raises FY operating profit fcast to 270 bln yen from 200 bln * Lower costs, spending help; Achilles' heel remains yen exposure * Q3 operating profit 149.7 bln yen vs consensus 93.9 bln * Q3 net profit 80.9 bln yen, down 13.5 pct on yr-ago * Sees ... Toyota Shows Optimism Despite Gloom Brisk US Sales Lift Toyota's Profit Forecast for the Year Toyota raises profits forecast as recovery continues |
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