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Toyota Extends Recalls to Hybrids to Repair Brakes (Update2)

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The world’s biggest carmaker will halt sales of SAI and Lexus HS250h sedans and Prius plug-in hybrids, said President Akio Toyoda , speaking at a Tokyo press conference. The action threatens to further tarnish Toyota’s reputation as a leader in gasoline-electric hybrids, a technology
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Brazilian Real Gains for a Second Day on Commodities, Stocks

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By Camila Fontana Feb. 9 (Bloomberg) -- The Brazilian real gained for a second day as commodity prices rose and local stocks soared. The benchmark Bovespa stock index jumped 2.3 percent to 64,623.58. Brazil is the world’s largest exporter of beef, orange juice, coffee and
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India Economic Potential at Six-Year High, Singh’s Adviser Says - Bloomberg.com

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“I feel as encouraged now as I was six years ago,” Chakravarthy Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, said in an interview in New Delhi today. The economy may grow 8 percent in the year starting April 1, he said. Harley-Davidson Inc. plans to begin sales
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Administrator liquidated for 18 months

The Companies Auditors and Liquidators Disciplinary Board found that McVeigh ''failed to carry out or perform adequately and properly the duties of a liquidator'' during the administration of 10 companies between 2001 and 2007. The board adjudicates on registered auditors and liquidators

Toyota Extends Recalls to Hybrids to Repair Brakes (Update2) - Bloomberg.com

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The world’s biggest carmaker will halt sales of SAI and Lexus HS250h sedans and Prius plug-in hybrids, said President Akio Toyoda , speaking at a Tokyo press conference. The action threatens to further tarnish Toyota’s reputation as a leader in gasoline-electric hybrids, a
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Junk Bonds Show Ebbing Distress on Record Sales: Credit Markets

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The amount of so-called distressed securities, or bonds yielding at least 10 percentage points above benchmark rates, fell to $117 billion from $250 billion six months ago, according to Bank of America Merrill Lynch index data. The market is pricing in a default rate of 0.3 percent in a year,
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Toyota Extends Recalls to Hybrids to Repair Brakes (Update1) - Bloomberg.com

The world’s biggest carmaker will halt sales of SAI and Lexus HS250h sedans and Prius plug-in hybrids, said President Akio Toyoda , speaking at a Tokyo press conference. The action threatens to further tarnish Toyota’s reputation as a leader in gasoline-electric hybrids, a

Toyota Extends Recalls to Hybrids to Repair Brake Defects - Bloomberg.com

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The world’s biggest carmaker will halt sales of SAI, HS250h and Prius plug-in hybrids, said President Akio Toyoda , speaking at a Tokyo press conference. The action threatens to further tarnish Toyota’s reputation in its home market , where the Prius was last year’s top-selling
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Macquarie Shares Slump After Forecast Disappoints (Update2) - Bloomberg.com

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The shares dropped 6.1 percent after Macquarie said net income in the six months to March 31 may climb 10 percent from the first half. That indicates second-half profit of A$526.9 million ($455 million), below the A$586 million average estimate of three analysts surveyed by
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Junk Bonds Show Ebbing Distress on Record Sales: Credit Markets

Feb. 9 (Bloomberg) -- Investors in the lowest rated corporate bonds are looking past concern that worsening government finances will derail the economy, paying prices that imply the fastest drop in defaults in more than a decade. The amount of so-called distressed securities, or bonds

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