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Obama urges China action on yuan
US President Barack Obama has urged China to change its currency strategy to help re-balance the global economy.

HSBC in huge Swiss data theft
About 24,000 clients of HSBC's private banking operation in Switzerland had personal details stolen, the bank admits.

Mexican shakes up world rich list
Mexican Carlos Slim overtakes Bill Gates as the world's richest man, according to the Forbes "rich list", with a fortune of $53.5bn.

'No decision yet' on BA strikes
The union representing BA cabin crew says there will be no immediate announcement about strike dates.

'No giveaway Budget' says UK
Chancellor Alistair Darling warns people not to expect a "giveaway" when he unveils his Budget later this month.

World airline sector 'recovering'
The global airline industry will recover strongly this year, as passenger and freight numbers improve, its trade body says.

US trade deficit in surprise fall
The US trade deficit narrowed unexpectedly in January as fewer foreign cars and less crude oil were imported.

BP to explore for oil in Brazil
Oil giant BP announces a $7bn (£4.7bn) deal that will allow it to begin exploring for oil off the coast of Brazil.

VW and BMW report lower profits
German carmakers Volkswagen and BMW report falling profits after the global downturn hit demand for cars.

Japan's economic growth rate cut
Japan's economy grew by less than first estimated in the final quarter of 2009, revised government figures show.

Feathers fly: Bank of America sorry for confiscating parrot
Bank of America has apologised to a woman in Pennsylvania after one of its contractors entered her house and confiscated her parrot.

Daihatsu recalling cars in Japan
Carmaker Daihatsu, a subsidiary of Toyota, is recalling 274,551 vehicles in Japan because of a number of possible defects.

Toyota rejects electronics fears
Toyota rejects claims that faulty electronics could be behind its worldwide recall of more than eight million cars.

Red Knights get advisers for bid
The Red Knights group eyeing a possible bid for Manchester United says investment bank Nomura will advise it.

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