Italy
Marchionne Breaks With Hiring Strategy With Outsider Bringing Fiat to U.S. Sergio Marchionne’s hiring of
former Volkswagen AG executive Laura Soave to reintroduce the
Fiat brand in the U.S. breaks with the Chrysler Group LLC chief
executive officer’s strategy of promoting from within.
European Union Ministers Said to Discuss EU Bonds to Fund Any Greek Rescue European Union finance ministers
will discuss next week whether any Greek bailout should be
funded by issuing EU bonds guaranteed by euro region
governments, said three people briefed on preparations for March
15-16 meetings.
UniCredit May Post Fourth-Quarter Loss on Increase in Bad-Loan Provisions UniCredit SpA, Italy’s biggest
bank, may swing to a fourth-quarter loss after it put aside more
money for bad debt and earned less from lending.
Eni Plans to Return Refining to Profit in 2012, Raise Dividend From 2011 Eni SpA, Italy’s largest oil and
gas company, expects refining to return to profit from 2012
after boosting sales and efficiency. It forecast dividend growth
from 2011.
Stocks Advance on Milan Borsa, Led by Generali, Azimut, Aeffe and Bolzoni Italy’s benchmark FTSE MIB Index
gained 134.28, or 0.6 percent, to 22,675.13 as of 12:43 p.m. in
Milan. The gauge has gained 1.8 percent this week.
Eni Says Fire Has Been Doused at Taranto Italian Refinery; No Output Lost Eni SpA, Italy’s biggest oil
company, said a fire was doused overnight at its oil refinery in
Taranto, southern Italy, after a gasket broke.
JPMorgan, Citigroup Helped Cause Lehman's Collapse, Examiner's Report Says JPMorgan Chase & Co. and Citigroup
Inc. helped cause the failure of Lehman Brothers Holdings Inc.
by demanding more collateral and changing guarantee agreements,
according to a court-ordered report on the biggest bankruptcy in
U.S. history.
Toyota Sets Goal of Regaining U.S. Market Share Lost to Recalls Within '10 Toyota Motor Corp. set a 2010 goal
of regaining most of the U.S. market share lost in the past two
months after global recalls of 8 million vehicles damped demand,
the No. 2 U.S. sales executive said.
Junk Bonds Beating Investment Grade as TXU, Freescale Soar: Credit Markets High-yield, high-risk bonds are
beating investment-grade debt for the first time this year as
confidence in the U.S. economic recovery gains strength.
Pope Denies Vatican Has Secret Plan to End Priestly Celibacy in 50 Years The Vatican denied it’s secretly
planning to scrap the rule of priestly celibacy in 50 years.
Republicans Fan Distrust of Senate to Thwart Health-Care Measure in House Senate Republicans are sending a
self-deprecating message to House Democrats to persuade them to
vote against health-care legislation: Don’t trust senators.
Malaysian Opposition Leader Anwar Targets Ruling Party Stronghold in Johor Malaysia’s opposition leader Anwar
Ibrahim said he is targeting the ruling party stronghold of
Johor along with Sabah and Sarawak to boost support for his
three-party coalition before a general election that he expects
may come next year.
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