Yahoo! News: Business (12 unread)
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Micron appoints Durcan CEO after Appleton's death (Reuters)
Posted: February 4th, 2012, 9:16pm EST
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Reuters - Memory chipmaker Micron Technology's board appointed company veteran Mark Durcan as chief executive a day after longtime Chairman and CEO Steve Appleton was killed in a plane crash. -
Clock ticks on Greece's bailout deadline (Reuters)
Posted: February 4th, 2012, 7:56pm EST
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Reuters - Greece's prime minister scrambled Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours remained to clinch a deal to avoid a messy default. -
Blast hits Egypt's gas pipeline to Israel (Reuters)
Posted: February 4th, 2012, 7:40pm EST
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Reuters - An explosion hit a gas pipeline running from Egypt to Israel Sunday, witnesses and state television reported. -
Euro zone loses patience with Greece (Reuters)
Posted: February 4th, 2012, 6:38pm EST
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Reuters - Euro zone finance ministers told Greece on Saturday it could not go ahead with an agreed deal to restructure privately-held debt until it guaranteed it would implement reforms needed to secure a second financing package from the euro zone and the IMF. -
Eurogroup's Juncker warns of possible Greece default (Reuters)
Posted: February 4th, 2012, 5:58pm EST
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Reuters - The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday. -
GM says most US dealers agree to upgrades (AP)
Posted: February 4th, 2012, 3:56pm EST
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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. -
Greece says faces 24-hour deadline to clinch rescue (Reuters)
Posted: February 4th, 2012, 3:42pm EST
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Reuters - Greece has just one day left to strike a deal with impatient lenders and reluctant political party leaders on a 130 billion rescue plan before the country is pushed towards a chaotic default, its finance minister warned on Saturday. -
Clinton: US, Europe must do more against tyrants (AP)
Posted: February 4th, 2012, 10:57am EST
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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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Russia admits brief cut of gas supplies to Europe (AP)
Posted: February 4th, 2012, 9:25am EST
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AP - Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.
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Palestinians call for PM's fall over taxes (AP)
Posted: February 4th, 2012, 7:27am EST
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AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.
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Hungary seeks 15-20 billion euro IMF/EU credit line: official (Reuters)
Posted: February 4th, 2012, 7:19am EST
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Reuters - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying. -
Report: Monti says Italy a "safe place" (AP)
Posted: February 4th, 2012, 4:22am EST
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AP - Italy is now a "safe place" amid market turbulence, Premier Mario Monti said in an interview published Saturday, pressing for Europe to turn its political energy to generating growth rather than further plans to strengthen budget discipline.