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Topics News & Markets Abu Dhabi-based carrier Etihad turns first annual profit of $14 million since starting in 2003 By Adam Schreck, The Associated Press | February 09, 2012 DUBAI, United Arab Emirates - Etihad Airways, the fast-growing Gulf carrier, on Thursday posted its first annual profit since starting operations just over eight years ago. The airline said it moved into the black with net earnings of $14 million. That is better than its previously...

Topics News & Markets ING Groep says profit higher in fourth quarter due to asset sales; Greek bonds impaired again By The Associated Press | February 09, 2012 AMSTERDAM - ING Groep NV says its net profit rose in the fourth quarter because it sold off assets, despite worsening banking conditions in Europe. Net profit at the bank and insurance group was €1.19 billion ($1.58 billion), compared to €130 million in the same period a year ago. ING...

China's inflation rebounds in January, renewing pressure to control living costsA security guard stands in front of a hamburger advertisement outside a fast food restaurant in Beijing, China, Thursday, Feb. 9, 2012. China's inflation rebounded in January as food prices soared, renewing pressure on the communist government to control surging living costs while it tries to boost slowing economic growth. (AP Photo/Alexander F. Yuan)

Topics News & Markets China's inflation rebounds in January, renewing pressure to control living costs By Joe McDonald, The Associated Press | February 09, 2012 BEIJING, China - China's inflation rebounded in January as food prices soared, renewing pressure on Beijing to control living costs as it tries to boost slowing growth amid warnings of a looming global downturn. Consumer prices in the world's second-largest economy rose by an...

Topics News & Markets Switzerland's second-biggest bank Credit Suisse reports nearly $700 million 4Q net loss By The Associated Press | February 09, 2012 GENEVA - Credit Suisse Group has reported a fourth-quarter net loss of 637 million Swiss francs ($698 million), far below what analysts expected. The CEO of Switzerland's second-largest bank Brady Dougan says the "disappointing" loss is due to aggressively cutting costs and risks...

Topics News & Markets Asian stock markets fall as inflation in China rebounds in January, Greek debt talks hit snag By Pamela Sampson, The Associated Press | February 09, 2012 BANGKOK - Asian stocks fell Thursday after data showed inflation in China was heating up again, complicating efforts by Beijing to stimulate the world's No. 2 economy. A snag in talks to prevent Greece going bankrupt also weighed on sentiment. Benchmark oil hovered below $99 per...

Huffington Post launches distinct Quebec edition of online news outletHuffington Post creator Arianna Huffington addresses a business luncheon about the impact of social media Wednesday, February 8, 2012 in Montreal. The Huffington Post launched it's Quebec edition Wednesday. THE CANADIAN PRESS/Paul Chiasson

Topics News & Markets Huffington Post launches distinct Quebec edition of online news outlet By Andy Blatchford, The Canadian Press | February 09, 2012 MONTREAL - Arianna Huffington launched Quebec's very own edition of the Huffington Post on Wednesday, making Canada the first country to have two versions of the online news website. The American new-media mogul believes the province is distinct enough to have its own Huffington Post...

Greek prime minister, finance minister end 5-hour talks with debt inspectorsGreek Prime Minister Loukas Papademos,center, leader of the Socialist Party PASOK George Papandreou, right, leader of the conservative Party New Democracy Antonis Samaras, 2nd left and the leader of the right wing LAOS party George Karadjaferis enter the meeting room at Maximos mansion in Athens on Wednesday Feb.8, 2012. After three days of delays, Greek coalition leaders began crucial debt talks Wednesday with the prime minister to review a draft deal on steep cutbacks demanded by creditors in return for a 130 billion euro ($170 billion) bailout. (AP Photo/Orestis Panagiotou-pool)

Topics News & Markets Greek prime minister, finance minister end 5-hour talks with debt inspectors By Demetris Nellas,Derek Gatopoulos, The Associated Press | February 08, 2012 ATHENS, Greece - A crucial meeting between Greece's Prime Minister and debt inspectors on averting the country's bankruptcy has just ended with no definite results. Finance Minister Evangelos Venizelos said the main point of contention — cuts in pensions — has not been resolved. He...

Greek bailout talks hit snag over pension cuts, main points agreedA man begs at a pedestrian crossing at Athens' main Syntagma square, on Tuesday, Feb. 7, 2012. A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff. (AP PhotoDimitri Messinis)

Topics News & Markets Greek bailout talks hit snag over pension cuts, main points agreed By Demetris Nellas,Derek Gatopoulos, The Associated Press | February 08, 2012 ATHENS, Greece - Crucial talks aimed at averting Greece's bankruptcy were held up early Thursday after leaders of the three parties backing the country's coalition government failed to agree to creditors' demands to make €300 million ($398.22 million) cuts to state and private...

Topics News & Markets Facebook discloses details on executive bonuses in latest filing By The Associated Press | February 08, 2012 NEW YORK, N.Y. - Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 per cent of their base salaries and other earnings, according to a Wednesday regulatory filing. Facebook Inc. said in a filing with the Securities and Exchange...

PC maker Lenovo says 3Q profit up by half on strong sales across all marketsPeople take escalators bearing advertisement of Lenovo computer at a shopping center in Hong Kong Thursday, Feb. 9, 2012. Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage. (AP Photo/Kin Cheung)

Topics News & Markets PC maker Lenovo says 3Q profit up by half on strong sales across all markets By The Associated Press | February 08, 2012 HONG KONG - Computer maker Lenovo Group Ltd. said Thursday that quarterly profit grew by more than half as acquisitions in Germany and Japan boosted sales. The world's No. 2 computer maker said that net income rose to $153 million, or 1.46 cents per share, in the October-December...