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Stocks rise on Greek bailout hopes; euro dips
(2010-02-10)
LONDON (Reuters) - World stocks rose on Wednesday and Greece's borrowing costs fell on the prospects of a Greek bailout, while safe-haven German government bond prices dipped and the euro eased after the previous session's hefty gains. Oil prices fell after data showed a large build in U.S. inventories but gold prices were flat, taking a pause from Tuesday's rise.
Honda expands airbag recall as more Toyotas probed
(2010-02-10)
TOKYO/DETROIT (Reuters) - Honda Motor Co said it would recall another 440,000 cars around the world for faulty airbags as rival Toyota Motor Corp faced further probes over its largest-ever safety crisis.
BHP beats forecasts, cautious on China demand
(2010-02-10)
MELBOURNE (Reuters) - Top global miner BHP Billiton signaled caution over a sustained global recovery and held off from a share buyback after reporting its weakest first-half profit in four years. BHP's July-December profit nevertheless beat market forecasts and was 24 percent stronger than in the previous half, spurring the miner to raise its dividend slightly, pushing its shares up more than 3 percent.
ArcelorMittal sees only slow steel recovery in first quarter
(2010-02-10)
BRUSSELS (Reuters) - ArcelorMittal , the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits.
Sanofi says vaccines to help lift 2010 earnings
(2010-02-10)
PARIS (Reuters) - French drugmaker Sanofi-Aventis beat forecasts for fourth-quarter profit and expects earnings to rise 2 to 5 percent this year as growth areas such as vaccines offset stronger competition from generic rivals.
Corrected: Honda expands airbag recall as more Toyotas probed
(2010-02-10)
TOKYO/DETROIT (Reuters) - Honda Motor Co said it would recall another 440,000 cars around the world for faulty airbags as rival Toyota Motor Corp faced further probes over its largest-ever safety crisis.
Greece rescue hopes lift stocks but euro wavers
(2010-02-10)
HONG KONG (Reuters) - Asian stocks rose on Wednesday on signs that the European Union may rescue debt-strapped Greece, coaxing nervous investors back to riskier assets, but uncertainty over the plan weighed on the euro.
ArcelorMittal sees little improvement in first quarter
(2010-02-10)
BRUSSELS (Reuters) - ArcelorMittal , the world's top steelmaker, forecast higher shipments but lower prices in the first three months of 2010 and a core profit that could fall from a fourth-quarter figure that just missed expectations.
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