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Greece Says Call for Help Would Send `Worst Signal' as Bond Yields Surge Greek Finance Minister George
Papaconstantinou said he can’t call for outside aid as his
government struggles to cut the European Union’s largest budget
deficit.
Holders of Billions in Czar Bonds Sue to Recovery Kremlin's Paris Property The Russian government vowed to
“defend our rights” after French holders of czarist bonds
valued at as much as 100 billion euros ($137 billion) threatened
to sue the Kremlin and seize property it owns in Paris.
Sugar Shortage May Turn Acute in Third Quarter on Demand From U.S., Mexico A global sugar shortage, which drove
prices to the highest level in three decades, may peak in the
third quarter this year on demand from the U.S., Mexico, India
and Pakistan, according to U.S.-based Tropix Capital Management.
`Blind Pools' Lose Appeal as Ziman, Callahan Plan Real Estate IPO Comeback Richard Ziman and Timothy Callahan
want to raise money in the equity market after selling their
real estate companies for a combined $12 billion before the
property crash. Investors may balk at bankrolling their return.
`Avatar' Triumphs in China as State-Backed `Confucius' Fails to Break Even A film about the Chinese philosopher
Confucius was overwhelmed at the box office by News Corp.’s
“Avatar,” grossing 97 million yuan ($14 million) in 2½ weeks
on the mainland and failing to break even, its producer said.
Bankers' Stew Disguising CDO Scraps as Tasty Morsels: Book Excerpt Since its inception, the derivatives
market has echoed the fairground hawkers’ call to “scream if
you want to go faster.” Among the new derivatives,
collateralized-debt obligations (CDOs) were particularly hot.
Calculating Death Risk Makes Swedish Insurance Actuary a Gold-Medal Curler Olympic curler Anette Norberg says
weighing the risk of death and disease for Folksam Group gives
her an advantage that may result in her second gold medal at the
Winter Games this month.
Anglo, Vale Help Push Bond Sales to Record, Signaling Mining Acquisitions Record bond sales by global mining
companies such as Anglo American Plc and Vale SA have bolstered
raw material producers’ war chests for acquisitions, expansions
and buybacks as they prepare for sustained global recovery.
Apotheker Says He Did What Was Best for SAP Amid `Brutal' Economic Slump SAP AG Chief Executive Officer Leo
Apotheker, who resigned unexpectedly this week after the board
decided not to renew his contract, told employees that he did
what was best for the company during a “brutal economic crisis.”
`Genghis Khan,' Barings CEO Seek Success in Britain Where Goodwin Failed Peter Norris and Vernon Hill, forced
out of the banks they once ran amid scandals, are taking on the
U.K.’s biggest lenders to rebuild their reputations in Britain’s
new banking gold rush.
No Job Growth for Small Business Inspires Doubts Over Sustainable Recovery Small businesses are becoming the
Achilles heel of the U.S. recovery by limiting growth and job
creation.
Overhaul Failure Will Spur Mergers as U.S. Health Industry Pursues Savings Insurers, drugmakers and hospitals
will likely slash costs and merge companies to maneuver through
a U.S. health-care landscape marked by rising medical expenses
and the loss of millions of potential paying customers.
Cocoa Peaking Means Kraft Gets Cadbury as Chocolatier Profit Margins Widen The longest cocoa rally in three
decades is ending as growers boost output, widening profit
margins for chocolate makers who’ve already shrunk the size of
candy bars and substituted cheaper ingredients to save money.
Acer Plans to Expand Server Sales This Year in Competition With H-P, Dell Acer Inc., the world’s second-largest
personal-computer vendor, plans to boost sales of more-
profitable servers this year as it takes on Hewlett-Packard Co.
and Dell Inc. in offering computers to companies.
America's Cup Sinks as Bertarelli Battle With Ellison Chases Off Santander Billionaires Larry Ellison and
Ernesto Bertarelli have turned an America’s Cup boom into bust.
Canada Wins Olympics With Colorado College Economist's 94% Accuracy Rate Canada’s record spending to end
a gold-medal shutout at home and top the medal standings at
the Vancouver Winter Olympics will pay off, according to an
economist who has forecast winners at the games with a 94
percent accuracy rate.
Hershey Meltdown Looms With Reese Shadowing West in Failed Cadbury Merger Hershey Co. Chief Executive Officer
David J. West didn’t expect his Pennsylvania overseer to be in
Mayfair’s Stafford Hotel when he showed up for talks with
Cadbury Plc last October.
Akio Toyoda Hears Emulating Bill Ford a Necessity to Salvage Toyota Legacy As Akio Toyoda struggles to salvage
the decades-old bond with customers that made Toyota Motor Corp.
the world’s largest automaker, he can borrow the playbook from a
rival who learned how to obtain victory from defeat: Bill Ford.
Mexico Central Bank's Sanchez `Ready to Be Surprised' by Economic Recovery Mexico’s economy may expand more than
expected in 2010 as the nation recovers from last year’s global
slump, central bank Deputy Governor Manuel Sanchez Gonzalez said
in an interview yesterday.
Poland May Fulfill EU Budget Deficit-Cutting Demand in 2012, Official Says Poland may fulfill European Union
demands to cut its budget deficit below the 3 percent of gross
domestic product cap required for euro adoption in 2012 as
economic growth accelerates, a senior government official said.