As It Happens

Vodafone posted third-quarter results slightly below forecasts as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging markets and northern Europe at the world's largest ...

Qantas Airways and Korean Air will carry out inspections for wing cracks on their Airbus A380 superjumbo planes earlier than previously scheduled, after European air safety officials ordered global checks, ...

Global miner Rio Tinto reported a 6 percent drop in underlying second-half profits and took a $9.3 billion charge mainly against its aluminum business, but appeased investors with a huge dividend hike, ...

Global miner Rio Tinto reported a 6 percent fall in second-half profit on Thursday, before $9.3 billion in writedowns mainly on its aluminum business, but appeased investors with a massive dividend hike. ...

JP Morgan has replaced Asia ex-Japan fixed income investor sales head Simon Derrick with Sharad Desai and Sudhir Goel as part of a reorganization of its business in the region, according to sources familiar ...

Greek leaders failed on Thursday to agree on a reform and austerity program, the price of a financial bailout to avoid a messy default, forcing Finance Minister Evangelos Venizelos to go to the country's ...

Shares struggled but the euro recovered on Thursday, as markets were left without a clear direction after Greek political leaders failed again to conclude a deal for a bailout package, which Athens needs ...

A new crop of companies entering the U.S. public markets, including such high-profile offerings as Facebook, are turning the clock back on the way U.S. corporations are run. Facebook, Groupon Inc, LinkedIn ...

China's annual inflation spiked to a consensus-busting 4.5 percent in January as spending jumped during the Chinese Lunar New Year holiday season, breaking a five-month softening trend and forcing a market ...

Groupon Inc shares slumped Wednesday as the daily deal company's first quarterly results since it went public stoked concern about limited disclosure and slowing growth. Groupon reported an unexpected ...

msnbc.com
Switzerland's second-biggest bank Credit Suisse sinks to Q4 loss as it ...
Washington Post
GENEVA — Credit Suisse Group posted its first fourth-quarter net loss since 2008 as Switzerland's second-biggest bank continued its drive to reduce its exposure to potentially-risky investment banking at a time when Europe's economy is facing problems ...
Credit Suisse Cuts 2011 Bonus Pool 41% After Securities LossesBusinessWeek
Credit Suisse Swings to Surprise LossWall Street Journal
Credit Suisse swings to Q4 loss; flags good 2012 startReuters
Financial Times -Economic Times
all 363 news articles »

USA TODAY
California, New York Help Push Foreclosure Accord to Completion
BusinessWeek
By David McLaughlin Feb. 9 (Bloomberg) -- California and New York, along with Florida, agreed to join more than 40 other states in a nationwide settlement 16 months in the making that seeks to end abusive bank foreclosure practices that followed the ...
Source: NY, California to sign mortgage settlementWall Street Journal
States Negotiate $26 Billion Deal for HomeownersNew York Times
Foreclosure settlement with major banks close to completionLos Angeles Times
USA TODAY
all 484 news articles »

MiamiHerald.com
Brent above $117 on demand hopes, Iran woes
Reuters
By Manash Goswami | SINGAPORE (Reuters) - Brent crude held near six-month highs above $117 on Thursday on hopes of demand growth revival as Greece inched closer to getting its debt crisis under control while concerns over supply disruption from the ...
Crude Rises a Third Day on US Refining, Progress in GreeceBloomberg
Crude Edges Up In Asian SessionNASDAQ
Oil below $99 as US crude demand lags economyDailyFinance

all 559 news articles »

Bloomberg
ING Profit Misses Estimates After Insurance Charge, Hedge Loss
BusinessWeek
By Maud van Gaal Feb. 9 (Bloomberg) -- ING Groep NV, the biggest Dutch financial-services company, posted fourth-quarter profit that missed analyst estimates after reporting a hedging loss and taking a charge on its US insurance business.
ING Profit Misses Estimates After Insurance ChargeBloomberg
ING still undecided if it will tap ECB fundsMarketWatch
ING Q4 insurance loss bigger than expectedReuters
NASDAQ -CBS News
all 33 news articles »

Globe and Mail
Greek minister heads to Brussels with incomplete bailout deal
Reuters
By George Georgiopoulos and Harry Papachristou | ATHENS (Reuters) - Greek leaders failed on Thursday to agree on a reform and austerity program, the price of a financial bailout to avoid a messy default, forcing Finance Minister Evangelos Venizelos to ...
European Stock Futures Rise; Alpha Bank, Credit Suisse May MoveBusinessWeek
Pension cuts stall Greek austerity talksFinancial Times
Greek coalition leaders yet to reach deal on cutsDetroit Free Press
Fox Business -Telegraph.co.uk
all 5,279 news articles »

California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with ...

Network equipment maker Cisco Systems Inc promised further revenue growth after its second quarter results beat estimates, thanks to a restructuring, leading to a dividend increase. The company, a sector ...

Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain ...

A few months ago economists were all but certain the U.S. economy would slow sharply at the start of this year, with many warning that recession risks were growing. That pessimism has been shaken off by ...

Diamond Foods Inc removed top management after its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading. ...