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Prius owners to be contacted in recall

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Toyota Prius owners will soon be contacted as part of a recall to fix the brakes of the world's most popular hybrid car. Toyota is pulling from the road 2378 Priuses that have been sold in Australia since July 2009. Worldwide, 400,000 Priuses are being recalled in Japan, the United
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Inventories at U.S. Wholesalers Unexpectedly Fall (Update3)

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The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in November that was the largest since July 2004, figures from the Commerce Department showed today in Washington. Sales climbed 0.8 percent. A record inventory drawdown last year has opened the door for
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Inventories at U.S. Wholesalers Unexpectedly Fall (Update3) - Bloomberg.com

The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in November that was the largest since July 2004, figures from the Commerce Department showed today in Washington. Sales climbed 0.8 percent. A record inventory drawdown last year has opened the door for

EU Backs New Economy Team Amid Greek Deficit Woes (Update1) - Bloomberg.com

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European Commission President Jose Barroso won approval for a team that features Olli Rehn as economy commissioner, Michel Barnier as financial-services chief and Joaquin Almunia as head of competition. The European Parliament gave its backing today in Strasbourg, France, amid
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Ford, Geely Said to Miss Feb. 14 Target on Volvo Deal (Update1) - Bloomberg.com

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Talks snagged on financing and document details, said one of the people, who asked not to be identified disclosing private matters. Ford Chief Financial Officer Lewis Booth didn’t go to London for a signing last weekend, as parties hoped, and is busy preparing for a Feb. 10 board
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Canada’s Dollar Appreciates as Risk Appetite Lifts Stocks, Oil

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By Chris Fournier The loonie advanced against 7 of its 16 most-traded counterparts tracked by Bloomberg, while the New Zealand and Australian dollars were the best-performing major currencies. The U.S. dollar and yen weakened on speculation Europe will help Greece contain its budget
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EU Backs New Economy Team Amid Greek Deficit Woes (Update1)

European Commission President Jose Barroso won approval for a team that features Olli Rehn as economy commissioner, Michel Barnier as financial-services chief and Joaquin Almunia as head of competition. The European Parliament gave its backing today in Strasbourg, France, amid investor

McDonald’s January Sales Rise 2.6%, Topping Estimates (Update1) - Bloomberg.com

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Sales at U.S. stores open at least 13 months fell 0.7 percent and climbed 4.3 percent in Europe, the Oak Brook, Illinois-based company said today in a statement. Sales in Asia, the Middle East and Africa also rose 4.3 percent. McDonald’s introduced a $1 breakfast menu in January and
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Portugal to Sell Bonds Via Banks Amid Deficit Concern (Update1) - Bloomberg.com

Portugal plans to issue 10-year notes in euros, according to two bankers involved in the transaction. Barclays Capital, Banco Espirito Santo SA, Credit Agricole CIB, Goldman Sachs Group Inc. and Societe Generale SA are managing the sale, said the bankers, who declined to be identified before the

Equities, Euro, Commodities Rally on Greek Aid Speculation - Bloomberg.com

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The Standard & Poor’s 500 Index rose 1.2 percent at 9:42 a.m. in New York. The MSCI Emerging Markets Index increased 1.6 percent after falling 6.1 percent in the past three sessions. Greece’s ASE Index climbed 5 percent, rebounding from four days of losses. The euro strengthened 0.7
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