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European markets lifted by industrial output data
(AP)
 AP - LONDON AP) — European stock markets rose Friday after a strong set of industrial production figures for January stoked hopes that the recovery from recession in the 16 countries that use the euro may be stronger than previously thought.
Greece wallowed in recession before austerity cuts
(AP)
 AP - Greece's economy was still shrinking and unemployment remained above 10 percent at the end of 2009, just before the government announced harsh spending cuts that are expected to drive the country deeper into recession, official data showed Friday.
AP Source: Obama wants Yellen as Fed vice chair
(AP)
AP - President Barack Obama intends to nominate Janet Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of the Federal Reserve, a person familiar with the selection said Friday.
BA cabin crew to strike for 7 days this month
(AP)
AP - British Airways PLC cabin crew plan to strike for a total of seven days this month, potentially disrupting thousands of travellers ahead of Easter holidays, after talks with management over changes to pay and working conditions broke down.
UBS says IRS has 20 Swiss banks in its sights
(AP)
AP - Embattled UBS AG has warned that Switzerland's financial industry is at risk unless lawmakers approve a tax treaty with the United States, and that other Swiss banks may be next to face pressure from U.S. regulators.
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.
FTSE shares end in the red
(AFP)
 AFP - FTSE 100 shares ended in the red on Thursday after the latest batch of mixed economic data and company reports.
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.
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.
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.
German minister: EMF aid would come at heavy price
(AP)
AP - Emergency aid from a proposed European Monetary Fund should come with strict conditions and a "prohibitive" price tag to boost market confidence, Germany's finance minister wrote in an article published Friday.
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.
Oil above $82 after IEA raises demand forecasts
(AP)
 AP - Oil prices moved above $82 a barrel Friday after the International Energy Agency brightened its outlook for world demand, predicting a surge in Asian economic activity will make up for a fall in developed countries.
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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