WASHINGTON (Reuters) – A bipartisan group of 130 U.S. lawmakers on Monday urged top Obama administration officials to take immediate action to address China’s “currency manipulation.”
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Lawmakers press for action on China currency
WASHINGTON (Reuters) – U.S. industrial production braked sharply in February, held back by severe winter storms that slammed parts of the country, while manufacturing activity in New York state stalled this month.
NEW YORK (Reuters) – Stocks fell slightly on Monday on persistent concerns the Chinese government may tighten credit, which could hinder the global recovery from recession.
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China concerns weigh on shares as banks eyed
CHICAGO (Reuters) – Boston Scientific Corp on Monday said it was suspending all sales of its implantable heart defibrillators after it failed to notify regulators of changes in how it manufactures the devices.
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Boston Scientific suspends all ICD sales
SHANGHAI/BEIJING (Reuters) – Google said on Monday it remained in talks with the Chinese government about censorship of its Chinese-language search portal, despite mounting signs the company could soon shut the site.
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Google says China talks continue, but pullout signs grow
BRUSSELS (Reuters) – The European Union’s executive said on Monday it was ready to propose a framework that could be used to aid Greece, despite signs of continuing reluctance from France and Germany to make concrete commitments.
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EU executive to put Greek plan to finance ministers
NEW YORK (Reuters) – Stocks fell at the open on Monday, weighed by persistent concerns over a possible monetary tightening in China that could slow the global recovery from recession.
WASHINGTON (Reuters) – Safety investigators have found no evidence so far to support or disprove a California motorist’s claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.
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Investigators say no explanation yet for Calif. Prius claim
BRUSSELS (Reuters) – Euro zone finance ministers on Monday will look at how to give Greece financial aid should it ask for help, but there were signs France and Germany were holding out on making concrete commitments.
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EU to discuss Greek aid, Germany skeptical
NEW YORK (Reuters) – Two former top executives of drugmaker Schering-Plough Corp were named on Monday as new leaders of privately owned eye-care company Bausch & Lomb.
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Ex-Schering-Plough execs take reins at Bausch
NEW YORK (Reuters) – PepsiCo Inc said on Monday it will raise its dividend by 7 percent to $1.92 a share annually, and also announced plans to buy back up to $15 billion of common shares through June 2013.
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Pepsi raising payout, to buy back $15 billion in stock
WASHINGTON (Reuters) – Safety investigators have found no evidence so far to support or disprove a California motorist’s claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.
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U.S. says no explanation yet for Prius California claim
(Reuters) – Wachovia Bank is in talks with the U.S. Justice Department to settle complaints relating to the alleged failure in bank controls that enabled Mexican exchange houses to launder drug money, the Wall Street Journal said, citing people familiar with the situation.
BRUSSELS (Reuters) – Euro zone finance ministers are expected to agree a way of providing Greece with financial aid to tackle its debts on Monday, but France warned not to expect any hard figures and there remained barriers to a deal.
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EU to discuss Greek aid, no firm figures seen
NEW YORK (Reuters) – French Economy Minister Christine Lagarde said on Saturday that she does not expect Euro zone finance ministers to make any decision on financial help for Greece when they meet next week.
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France’s Lagarde not expecting decision on Greece