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Retail sales rise unexpectedly in February
(AP)
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Fri, 12 Mar 2010 15:23:54 GMT
 AP - Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from storming the malls. The advance, the biggest since November, provided hope that the recovery from the Great Recession is gaining momentum.
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Nokia revises 2009 market share down to 34 pct
(AP)
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Fri, 12 Mar 2010 15:31:24 GMT
AP - Nokia Corp. on Friday revised its global market share estimate for mobile phones in 2009 to 34 percent, from an earlier 38 percent, and said it expected no growth this year.
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UBS says IRS has 20 Swiss banks in its sights
(AP)
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Fri, 12 Mar 2010 12:28:37 GMT
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.
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CF seals $4.7 billion deal for Terra
(AP)
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Fri, 12 Mar 2010 15:16:58 GMT
AP - After more than a year of bids and counterbids, CF Industries landed Terra Industries on Friday for $4.7 billion, creating a giant fertilizer company.
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Eurozone industrial productions soars in January
(AP)
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Fri, 12 Mar 2010 10:26:47 GMT
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.
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Greece says deficit goals on target so far
(AP)
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Fri, 12 Mar 2010 14:52:10 GMT
 AP - Greece said Friday it exceeded its deficit-cutting targets in January and February, ahead of a key fiscal assessment next week by the European Commission.
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