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Toyota recalls 437,000 Priuses, hybrids globally
5:28AM CT
TOKYO (AP) - Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world's largest automaker.
 
EU government bank says no bailout for Greece
6:11AM CT
BRUSSELS (AP) - The European Union's government-backed lender said Tuesday that it cannot bail out Greece or any other European country that can't pay its debts.
 
Japan Airlines rejects Delta, stays with American
4:45AM CT
TOKYO (AP) - Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines.
 
European stocks up cautiously on hopes for Greece
4:47AM CT
LONDON (AP) - European stocks rose cautiously Tuesday on hopes that EU officials will provide Greece with some form of support to handle its mountain of debt and keep the market crisis from spreading to other vulnerable countries.
 
Oil above $72 in Asia amid weakening dollar
3:28AM CT
SINGAPORE (AP) - Oil prices rose above $72 a barrel Tuesday in Asia as a weakening U.S. dollar offset concerns about the strength of the global economic recovery.
 
Opel unveils restructuring plan
5:32AM CT
FRANKFURT (AP) - General Motors Co.'s Opel unit said Tuesday that it plans to invest euro11 billion ($15 billion) through 2014 and appealed for government help as it detailed a restructuring drive that will result in about 8,300 job cuts across Europe.
 
Stock futures climb ahead of opening
5:59AM CT
NEW YORK (AP) - Stock futures are pointing to a higher open Tuesday as hopes grow the European Union will provide Greece with some support for its mounting debt burden.
 
Nissan returns to profit in Oct-Dec quarter
5:34AM CT
TOKYO (AP) - Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier, and now expects to be in the black for the full fiscal year.
 
German exports down most in 60 years in 2009
4:00AM CT
BERLIN (AP) - German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch as the world's top exporter, government data showed Tuesday.
 
UBS makes Q4 profit, but withdrawals continue
3:33AM CT
GENEVA (AP) - Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said rich clients' withdrawals had continued.
 
  

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