French President Nicolas Sarkozy said in a newspaper interview yesterday that it was "not normal" for the head of French bank Societe Generale to shirk his responsibility for SocGen's trading scandal.
Chicago wheat prices rose the most in more than five years, breaching $12 a bushel for the first time as investors poured money into agricultural commodities on signs that global crop production isn't keeping pace with demand.
Home Depot Inc, the world's largest home-improvement retailer, said fourth-quarter profit fell and forecast earnings below analysts' estimates after the deepest housing slump in a quarter century showed no signs of letting up.
Puma AG, the sporting-goods maker controlled by PPR SA, said fourth-quarter profit rose 17 percent after new products fueled sales growth in Europe and Asia.
Darren Bagwell, who helps manage $60 billion at Thrivent Asset Management, is frustrated with Yahoo Inc Chief Executive Officer Jerry Yang, the man he says is standing in the way of a payout from Microsoft Corp.
Microsoft Corp plans to stop making HD DVD players and cut the price of existing supplies by more than half after the leading promoter of the high-definition video format conceded defeat to Sony Corp's Blu-ray last week.
A promise to turn rust-red iron ore into gold for investors has transformed Andrew Forrest from a "penny stock" mining entrepreneur with a dream into Australia's richest man, worth more than $7 billion.
Mitsubishi Heavy Industries Ltd, Asia's largest aerospace company, is in talks to win its first commercial orders for satellite launches using its H-2A rocket, a Japanese newspaper reported yesterday.
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