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Cuba

Cuba Trade Embargo Turns 50

Tuesday marked the 50th anniversary of the United States' ban on trade with Cuba, a policy that has endured through 10 presidential administrations and the collapse of the Soviet Union.
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Coca-Cola

Coca-Cola Beats Expectations, Announces Cost Cutting Plan

Coca-Cola (NYSE:KO), the giant beverage maker, said on Tuesday that net income fell 71 percent in the fourth quarter on substantial restructuring charges, but increased beverage sales beat Wall Street expectations, and it announced a cost cutting plan to pay for rising commodity costs and bolster its brands.
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Iran Defaults on Rice Payments to India: Traders

Iranian buyers have defaulted on payments for about 200,000 tonnes of rice from their top supplier India, exporters and rice millers said on Tuesday, a sign of the mounting pressure on Tehran from a new wave of Western sanctions.
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Walmart names ex-Woolworths veteran as new China CEO

Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.
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Glencore-Xstrata deal meets shareholder

At least two top 10 shareholders in miner Xstrata said Tuesday they would vote against a takeover by commodities trader Glencore, threatening the creation of a powerhouse spanning mining, shareholders except Glencore, which is barred agriculture and trading.
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Glencore to buy Xstrata in $90 billion deal

Commodities trader Glencore agreed an all-share takeover of mining group Xstrata worth $90 billion on Tuesday in the industry's largest ever deal, creating a powerhouse spanning mining, agriculture and trading.
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Glencore, Xstrata agree to $90 billion merger

Glencore and Xstrata agreed an all-share merger worth $90 billion on Tuesday in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.
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Glencore, Xstrata agree $90 billion merger

Glencore and Xstrata agreed an all-share merger worth $90 billion on Tuesday in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.
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Toyota Q3 jumps, sees tough race in North America

Toyota Motor Corp reported a stronger-than-expected quarterly operating profit and raised its annual forecast on cost cuts and Japanese government subsidies, though this is still some way below analysts' expectations.
daria.2.6.12

Assad's Forces Pummel Homs as Russian Arrives for Talks

A Syrian regime military assault on Homs killed dozens of people on the eve of a visit to Damascus by Russia's Foreign Minister Sergei Lavrov aimed at pressing President Bashar al-Assad to end an 11-month uprising by implementing swift reform.

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