Yahoo! News: Business News

• Central bank liquidity tap to stay open (Reuters)
  Reuters - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.More >>>
  
  
• Greece on "knife edge" in last hours to agree bailout (Reuters)
  Reuters - Greece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro ($171 billion) rescue, after his finance minister said just hours remain before the euro zone abandons the country to its fate.More >>>
  
  
• Wen says China has stake in helping Europe (Reuters)
  Reuters - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and hinting at more possible support for beleaguered exporters.More >>>
  
  
• Most Germans want Greece to quit euro: poll (Reuters)
  Reuters - The majority of Germans feel the euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed on Sunday.More >>>
  
  
• Olympus to hold shareholder meeting on April 20 (Reuters)
  Reuters - Japan's troubled Olympus Corp said on Sunday it will hold an extraordinary shareholders meeting on April 20, when it is expected to seek approval of a new management team.More >>>
  
  
• Markets rally after forecast-busting US jobs data (AP)
  

  AP - Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world's largest economy is gathering pace at a time when other regions, notably Europe, may be heading back into recession.

  
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• Oil prices rise after drop in US hiring expands (AP)
  

  AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.

  
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• Aon Q4 profit rises, but margin pressures persist (Reuters)
  Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.More >>>
  
  
• Clinton: US, Europe must do more against tyrants (AP)
  

  AP - The Obama administration on Saturday called for stepped up U.S.-European cooperation to isolate tyrannies like the Assad regime in Syria, promote democracy in the Arab World and beyond and repair damage from the global financial crisis.

  
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• New York sues banks over electronic mortgage system (Reuters)
  Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.More >>>
  
  
• Iran raid likely to drag in U.S. and hurt global economy (Reuters)
  Reuters - An Israeli raid on Iran's nuclear facilities would deliver a painful shock to the global economy, revive flagging Islamist militancy and possibly drag the United States into a regional war whether it backed its ally's attack or not.More >>>
  
  
• Euro zone sales tumble at Christmas, no sign of growth (Reuters)
  Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.More >>>
  
  
• Romney focuses on Obama, Gingrich on Romney in NV (AP)
  

  AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.

  
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• Blast hits Egypt's gas pipeline to Israel (Reuters)
  Reuters - An explosion hit a gas pipeline running from Egypt to Israel Sunday, the latest in a series of attacks on the installation that crosses the increasingly volatile Sinai region, witnesses and state media reported.More >>>
  
  
• Palestinians call for PM's fall over taxes (AP)
  

  AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.

  
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• GM says most of its US dealers agree to upgrades (AP)
  AP - General Motors Co. said Saturday that most of its 4,400 U.S. dealers have agreed to upgrade their showrooms over the next four years.More >>>