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  • London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.

  • The game may soon be up for banks that have made themselves look healthier by understating how risky their businesses are, which should help pension funds, savers and companies to decide which institutions to invest in.

  • Japan's All Nippon Airways is in talks with U.S. aircraft maker Boeing to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, the Nikkei newspaper said on Sunday.

  • Currency hedging cost Japanese companies such as Honda Motor the chance to fully cash in on a weak yen last quarter, raising the risk that investor expectations could outrun earnings.

  • The Boredom Index? Americans and Their Cars and Trucks

    Car sales extended their declines in France, Spain and Italy last month, data showed on Friday, leaving little hope of a European auto market rebound anytime soon.

  • Google is to pay 60 million euros into a special fund to help French media develop their presence on the Internet.

  • Copenhagen, Denmark

    Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.

  • Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.

  • mcdonalds-sign-2-140.jpg

    McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.

  • The grand opening Louis Vuitton shop in Hong Kong.

    Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.

  • Michael Dell, Founder, Chairman, and CEO of Dell, Inc.

    Dell is nearing an agreement to sell itself to a buyout consortium led by its founder and Chief Executive Michael Dell and private equity firm Silver Lake Partners.

  • Fed Holding Firm With Help to Slow-Growth Economy

    The U.S. Treasury Department said it could redeploy emergency cash measures from May 19 if necessary to ensure the government could keep borrowing money, a Treasury official said on Thursday.

  • FILE - An Iranian oil technician makes his way to the oil separator facilities in Iran's Azadegan oil field southwest of Tehran.

    Iran's crude exports to its biggest customer, Asia, fell by a quarter in 2012 and shipments this year are expected to drop by at least 12 percent under U.S. sanctions pressure, but ample alternative supplies will keep refiners flush with oil.

  • James Gorman, CEO, Morgan Stanley

    Morgan Stanley said Chief Executive James Gorman will receive a base salary of $1.5 million in 2013, nearly double the $800,000 he received last year.

  • An Apple iPad 2 and iPhone 4S smartphone, left, and a Samsung Electronics Galaxy Tab 10.1 tablet computer and Galaxy S III smartphone.

    A U.S. appeals court on Thursday rejected Apple request to revive its bid for a sales ban on Samsung's Galaxy Nexus smartphone.

  • Russell Wasendorf Sr., who admitted looting more than $100 million from broker Peregrine Financial Group in a scheme that shook confidence in the U.S. futures industry, was sentenced to 50 years.

  • Reichstag Parliment building, Berlin, Germany

    German retail sales tumbled by their largest amount in over three years in December, preliminary data showed on Thursday, denting hopes that private consumption can compensate for weaker exports and lift Europe's largest economy this year.

  • Rio Tinto's Sam Walsh faces his first difficult decision as chief executive -- whether to shut the 1,400-staff Gove alumina refinery in Australia -- as under-performing units come under tougher scrutiny following $14 billion in writedowns this month.

  • Range of Fraser & Neave Ltd. (F&N) products

    Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave (F&N) to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.

  • Japan's December factory output rose at the fastest pace in a year and a half and firms expect further gains, raising hopes that stabilizing global demand and exports will help pull the economy from its slump.