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// 10 Mar 2010

OPEC raises 2010 oil demand forecast (AP)

OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S. government scales back on stimulus efforts before the country's economy fully recovers.

// 10 Mar 2010

BA, American, Iberia to cede airport slots (AP)

British Airways, American Airlines and Iberia have offered to give away takeoff and landing slots at London and New York airports to soothe European Union antitrust worries, EU regulators said Wednesday.

// 10 Mar 2010

Stock futures inch higher ahead of opening (AP)

Investors are continuing to search for direction Wednesday, after two days of relatively flat trading. Stock futures edged higher.

// 10 Mar 2010

Curbing derivatives might hurt, not help, Greece (AP)

Derivatives have become a dirty word. The complex financial products helped blow up the U.S. housing market. They all but sank AIG. Now European officials want to crack down on a derivative called a credit default swap.

// 10 Mar 2010

China February exports jump 45.7 percent (AP)

China's exports rose in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise.

// 10 Mar 2010

China Mobile investing $5.8B in Chinese bank (AP)

China Mobile Ltd., the world's biggest phone company by subscribers, said Wednesday it was investing $5.8 billion in a Chinese bank as part of a plan to develop mobile phone banking and business services.

// 10 Mar 2010

Bank of America ends overdraft fees on debit cards (AP)

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees.

// 10 Mar 2010

Senate to pass jobless aid, business tax breaks (AP)

Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.

// 10 Mar 2010

World stocks flat but pound takes another hit (AP)

World stock markets traded in a narrow range Wednesday as investors looked for renewed direction, while the British pound continued to founder following unimpressive industrial output figures.

// 10 Mar 2010

Soaring China home prices thwart ordinary buyers (AP)

The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals.
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