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Eurozone industrial productions soars in January
(AP)
AP - Industrial production in the 16 countries that use the euro spiked by an impressive 1.7 percent in January from the month before, official figures showed Friday, raising hopes that the recovery from recession may be more buoyant than expected.
UBS says IRS has 20 Swiss banks in its sights
(AP)
AP - UBS AG says the U.S. Internal Revenue Service has collected information on the cross-border activities of about 20 Swiss banks in the course of its amnesty program for American tax evaders.
Chinese minister insists Google obey the law
(AP)
 AP - China's top Internet regulator insisted Friday that Google must obey its laws or "pay the consequences," giving no sign of a possible compromise in their dispute over censorship and hacking.
Lenovo says business will focus on mobile Internet
(AP)
 AP - Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing emerging markets, CEO Yang Yuanqing said Friday.
UK home loans fall by half in January
(AP)
AP - The value of home mortgage advances in January fell by half from December, when there was a late rush to complete deals before a tax break ended at the New Year, the Council of Mortgage Lenders said Friday.
Asian stocks mixed as US data eyed; Europe gains
(AP)
 AP - Asian stocks were mixed Friday as investors held out for additional clues to the strength of economic recovery. European shares rose in early trade.
FTSE 100 opens lower
(AFP)
 AFP - Leading shares weakened on Thursday after unconvincing gains overnight on Wall Street as investors mulled the latest economic data and company news.
States tap stimulus as more U.S. families seek aid
(Reuters)
Reuters - Many states have used funds from the $863 billion U.S. economic stimulus plan to help give a rising number of poor families emergency cash assistance, the Government Accountability Office said on Thursday.
Pall fiscal 2Q profit falls short of expectations
(AP)
AP - Pall Corp. on Thursday posted a 28 percent rise in its fiscal second-quarter profit, but still fell short of Wall Street estimates.
S&P raises Ukraine's credit rating
(AP)
AP - Ratings agency Standard & Poor's has increased Ukraine's sovereign credit rating by one notch, saying reduced political risks after an election will help it raise money and access bailout loans.
Summary Box: Citi CEO sees return to profitability
(AP)
AP - BULLISH OUTLOOK: Citigroup Inc. says its returning to "sustained profitability" after losing billions on bad loans and taking a federal bailout. CEO Vikram Pandit says the bank is shedding risky mortgage assets and shifting focus to emerging markets like Latin America and Asia.
China fires back at US human rights criticisms
(AP)
AP - China accused the United States of destabilizing the world economy and meddling in other countries' affairs Friday — its standard response to Washington's annual review of Beijing's human rights record.
Ahead of the Bell: Retail Sales
(AP)
AP - Retail sales probably slipped slightly in February reflecting weakness in demand for autos and the severe winter storms that hit much of the country.
Parents Run Risks Helping Kids Buy A Home
(Investor's Business Daily)
Investor's Business Daily - The end of the federal tax credit for homebuyers is fast approaching. That means crunch time for parents who want to help their kids buy a place as inexpensively as possible.
Global oil demand seen higher in 2010
(AP)
AP - World oil demand will rise this year due to surging economic activity in Asian countries, especially China, the International Energy Agency said Friday as it bumped up its forecasts.
Hyundai chairman's son gets seat on the board
(AFP)
 AFP - The only son of Hyundai Motor chairman Chung Mong-Koo was Friday appointed to the board of South Korea's top carmaker, fuelling speculation he is being groomed to succeed his 71-year-old father.
The Ambitions of Prudential's Tidjane Thiam
(BusinessWeek)
BusinessWeek - According to insiders at Prudential Plc , Tidjane Thiam, the chief executive of the insurer which said last week that it was bidding $35.5bn (23.6bn) to buy AIG's Asian insurance business is a firm believer in emotion over analysis.
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