Alphiniqia News Agency

China clears Rio, Australia in failed Chinalco deal: report
MELBOURNE (Reuters) - China has cleared Rio Tinto and the Australian government of blame for the collapse of a $19.5 billion tie-up between Chinalco and Rio Tinto last June, an Australian newspaper r... more...

Tests didn't recreate sticky gas pedal on Prius
Testing a Toyota Prius after its owner claimed its gas pedal stuck, technicians were unable to recreate the same condition, according to a draft congressional memo obtained Sunday by CNN.... more...

Greek bailout tops EU finance ministers' agenda
BRUSSELS (Reuters) - Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French doubts that a deal will be... more...

BYD posts record Q4 profit on robust sales
SHANGHAI/HONG KONG (Reuters) - BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday, as Beijing's policy initi... more...

"No need" for Greek bailout decision - German finance minister
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said there was no reason for Euro zone finance ministers to make any decision on financial aid for debt-ridden Greece when they met on Mon... more...

KKR and Warner Music eye break-up bid for EMI: report
LONDON (Reuters) - Private equity firm KKR and U.S. music company Warner Music Group are in talks to launch a break-up bid for Warner's indebted British rival EMI , reported the Sunday Times. ... more...

China's Wen pushes back against yuan rise calls
BEIJING (Reuters) - Chinese Premier Wen Jiabao on Sunday spurned foreign calls for the yuan to rise and showed no let up in scolding the United States over recent bilateral tensions. ... more...

Chinese leader decries calls to boost currency
China is bracing for another tough year despite economic growth, but opposes foreign pressure to appreciate the value of its currency, Premier Wen Jiabao said Sunday.... more...

Stocks' tug-of-war
Stocks have ended four of the last five weeks higher, leaving the Nasdaq and S&P 500 at 18-month highs and the Dow industrials not far from such levels.... more...

China's Wen gives no ground on calls for yuan rise
BEIJING (Reuters) - Chinese Premier Wen Jiabao said on Sunday that external calls for yuan appreciation were unhelpful and even a form of trade protectionism, vowing that Beijing would stick to its ow... more...

France's Lagarde not expecting decision on Greece
NEW YORK (Reuters) - French Economy Minister Christine Lagarde said on Saturday that she does not expect Euro zone finance ministers to make any decision on financial help for Greece when they meet ne... more...

Uranium major Niger urged to review contracts
NIAMEY (Reuters) - The new junta ruling in Niger, one of the world's biggest uranium producers, should review and possibly renegotiate dozens of resource exploitation contracts, civil rights groups sa... more...

Greeks back austerity measures, oppose unrest: poll
ATHENS (Reuters) - Most Greeks think draconian austerity measures announced by the government earlier this month were along the right lines and many feel labor unions should not oppose them too aggres... more...

Euro finance ministers to agree on Greek aid: source
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, ... more...

UBS may return to commodities in 2010: report
ZURICH (Reuters) - UBS is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-he... more...

Google "99.9 pct" sure to shut China search engine: report
SHANGHAI (Reuters) - Talks with China over censorship have reached an apparent impasse and Google, the world's largest search engine, is now "99.9 percent" certain to shut its Chinese search engine, t... more...

Kuwait Dar seeks government support
KUWAIT (Reuters) - Kuwait's Investment Dar , which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restr... more...

Swisscom CEO says Fastweb victim of fraud: report
ZURICH (Reuters) - The chief executive of Swisscom AG said Fastweb was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defense of his company's subsidiar... more...

Six imperatives for financial regulation: Summers
PALO ALTO, California (Reuters) - The United States should rethink domestic and global financial regulation, Lawrence Summers, director of the White House's National Economic Council, said on Friday,... more...

MGM Mirage says CityCenter contractor to file suit
LOS ANGELES (Reuters) - The primary general contractor for the $8.5 billion CityCenter project on the Las Vegas Strip plans to sue the project's owners for $492 million. ... more...