IBT Staff Reporter

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China raises bank reserves again to tame inflation

China lifted bank reserve requirements by 50 basis points on Thursday, signaling that containing inflation and soaking up excess cash remained its top priority even after signs the economy was slowing down.

Kohl's raises outlook; margins steady

Kohl's Corp reported a higher quarterly profit as the mid-price department store chain kept gross margins steady despite rising cotton prices, and the retailer raised its full-year profit forecast.

IMF urges joint action over euro zone crisis

The International Monetary Fund urged broad-based action to combat the euro zone debt crisis, saying it was ready to give Greece more aid and asking the European Central Bank to tread carefully in hiking interest rates.

Stock futures slide with commodities, Cisco

U.S. stock index futures fell on Thursday as a continuing slide in commodities prompted an unwinding of bets on risky assets, including equities, while a sour outlook from Cisco hurt technology stocks.

IMF warns on eastern Europe budgets

Growth in eastern Europe should accelerate only slightly this year as domestic demand recovers, but trouble in the euro zone periphery, wide budget deficits and inflation pressures still pose risks, the IMF said on Thursday.

Nissan Q4 rises, sees full production likely by October

Nissan Motor Co reported a 7.2 percent rise in quarterly operating profit on Thursday and said global production disrupted by Japan's March 11 earthquake will return to normal at least a month earlier than predicted by bigger home rival, Toyota Motor Corp.

Special report: Europe's Greek tragedy

Valentine's Day is supposed to be a celebration of love between partners, but that was in short supply when ministers from Europe's single currency zone met on the fifth floor of the Justus Lipsius building in Brussels on February 14.

Nissan Q4 rises, gives no guidance on quake uncertainty

Nissan Motor Co <7201.T> posted a 7.2 percent rise in quarterly operating profit but offered no guidance for the new financial year on Thursday, citing uncertainties over the pace of recovery after the March 11 earthquake disrupted the industry's supply chain.

Stock index futures fall; Cisco eyed

Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.29 percent, Dow Jones futures down 0.27 percent and Nasdaq 100 futures down 0.56 percent at 0735 GMT.

Nissan Q4 rises, says full production likely by October

Nissan Motor Co posted a 7.2 percent rise in quarterly operating profit on Thursday and said global production disrupted by Japan's March 11 earthquake will return to normal a least a month earlier than predicted by bigger home rival, Toyota Motor Corp.

Takeda eyes $14.2 billion Nycomed deal: report

Japan's Takeda Pharmaceutical Co <4502.T> is in talks to buy privately-held Swiss rival Nycomed in a deal that could be valued at more than $14.2 billion, Bloomberg News said, citing two people with knowledge of the matter.

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