Eurozone industrial productions soars in January
LONDON (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
GENEVA (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
BEIJING (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
BEIJING (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....
Asian stocks mixed as US data eyed; Europe gains
HONG KONG (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....
Report: Obama to tap Yellen to be Fed vice chair
WASHINGTON (AP) -- President Barack Obama is planning to nominate Janet Yellen, president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of central bank in Washington, The Wall Street Journal reported....
Democrats pare differences over health overhaul
WASHINGTON (AP) -- Top Democrats say they are resolving disputes over President Barack Obama's health overhaul plan, but they face decisions on subsidizing coverage and are still hunting votes to push the vast package through Congress....
Global oil demand seen higher in 2010
PARIS (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....
German minister: EMF aid would come with a price
BERLIN (AP) -- Germany's finance minister says a proposed European Monetary Fund could grant troubled countries emergency aid but only under strict conditions and with a "prohibitive price tag."...
Oil hovers above $82 as month-long rally stalls
SINGAPORE (AP) -- Oil prices hovered above $82 a barrel Friday in Asia as investors mulled whether extending a monthlong rally is justified amid evidence of weak U.S. crude demand....
