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) – Stock index futures fell on Monday on persistent concerns over a possible monetary tightening in China, which could slow the global recovery from recession.
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Futures off on China policy concerns, data eyed
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) – Phillips-Van Heusen Corp said it will buy fashion brand Tommy Hilfiger for about $3.0 billion to boost its international segment.
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
PARIS (Reuters) – Airbus parent EADS has received no word of any changes to a contest to supply aerial refueling tankers to the United States, the head of Airbus Military said on Monday. A source familiar with Pentagon thinking said on Friday the United States may extend a deadline for bids on its aerial refueling tanker to give EADS an opportunity to consider whether to compete against Boeing on the project.
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EADS has received no word from U.S. on tanker
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
(Reuters) – Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.39 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.23 at 0900 GMT (4:00 a.m. ET).
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Stock futures signal dip; eyes on banks
SYDNEY (Reuters) – Asian stocks fell from near seven-week highs on Monday as a currency spat between China and the United States and worries about sovereign debt combined to keep investors away from riskier assets.
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Stocks slip amid China, sovereign debt jitters
PERTH (Reuters) – Australia’s Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina, a newspaper reported, a move that could prompt the bidders to return with a higher, hostile bid.
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Arrow to reject Shell, PetroChina $3 billion bid: report
TOKYO (Reuters) – Japan Post Bank bought about 300 billion yen ($3.3 billion) in U.S. Treasuries in October-December, the first time it has purchased U.S. government debt since the start of its privatization process in October 2007, the Nikkei business daily said on Monday.
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Japan Post bought US Treasuries in Oct-Dec: report
CANBERRA (Reuters) – Officials from eight nations including the United States began talks on a transpacific trade deal on Monday in a move Australia said could add momentum to stalled World Trade Organization talks.
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Talks start in Australia on Pacific trade deal
HONG KONG (Reuters) – JP Morgan Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets, as part of efforts to complete investments in the next two years.
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JP Morgan fund invests in China, India