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Latest International Business News

• Stock futures point lower on jobless data, China CPI

  11 Mar 2010

  NEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Thursday as weekly U.S. jobless claims fell and data showed a jump in Chinese inflation. ..More

• Jobless claims fall, trade gap narrows

  11 Mar 2010

  WASHINGTON (Reuters) - The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery. ..More

• BP to pay Devon $7 billion for oil fields

  11 Mar 2010

  LONDON (Reuters) - London-based oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for $7 billion, as the U.S. producer refocuses on onshore U.S. fields. ..More

• Foreclosures drop for 2nd month in February: RealtyTrac

  11 Mar 2010

  NEW YORK (Reuters) - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed. ..More

• HSBC says Swiss data theft affects 24,000 accounts

  11 Mar 2010

  LONDON/GENEVA (Reuters) - HSBC , Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank. ..More

• Toyota hands over 2006 dissident memo to U.S. panel

  11 Mar 2010

  TOKYO (Reuters) - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time. ..More

• Jan trade gap narrows unexpectedly due to oil

  11 Mar 2010

  WASHINGTON (Reuters) - The U.S. trade deficit narrowed unexpectedly in January as oil imports fell to their lowest since February 1999, a government report showed on Thursday. ..More

• EADS sees no financial hit from U.S. tanker loss

  11 Mar 2010

  PARIS (Reuters) - The apparent loss this week of a U.S. in-flight refueling tanker contract worth up to $50 billion will not affect EADS's finances, the European aerospace group's chief executive said on Thursday. ..More

• Airlines recovering strongly, still in red: IATA

  11 Mar 2010

  GENEVA (Reuters) - Airlines are recovering strongly from the crisis, as passengers, freight and pricing power return, the airline industry association IATA said on Thursday, halving its forecast for a 2010 loss. ..More

• EU defends hedge fund rules against U.S. critics

  11 Mar 2010

  BRUSSELS (Reuters) - The European Union hit back Thursday against U.S. criticism of plans to crack down on hedge funds, saying its push for openness in the industry met a commitment also given by Washington and others. ..More

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