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Wednesday, January 9, 2013

Business Today: Wall Street set to open higher after Alcoa's positive results

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01/9/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wall Street set to open higher after Alcoa's positive results
NEW YORK (Reuters) - Wall Street was poised to open slightly higher on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year.
UBS says cleaning up its act after Libor "shocker"
LONDON/ZURICH (Reuters) - UBS has yet to fully purge itself of a global interest rate scandal that has cost the Swiss bank its reputation and put it at risk of a wave of costly civil suits, its investment banking chief said on Wednesday.
Qatar Airways chief dismisses Dreamliner concerns
DOHA (Reuters) - Qatar Airways' chief executive played down safety concerns over Boeing's new 787 Dreamliner aircraft on Wednesday, dismissing a series of recent incidents involving the plane as "teething problems" and saying he had no plans to cancel orders.
Exclusive: China tightens grip on IPO listings
BEIJING (Reuters) - China, under pressure to improve the quality of its IPOs, will tell underwriters and auditors of companies looking to list on mainland markets to review their financial statements and ensure that all is in order, sources with knowledge of the plan said.
EU lawmakers seek to limit use of data by internet firms
BRUSSELS (Reuters) - Internet companies such as Facebook and Google may have to get more permission to use information if European Union lawmakers give users more control over their personal data.
Hong Kong proposes restrictions on public access to company data
HONG KONG (Reuters) - Hong Kong has proposed a new law that would allow company directors to keep their personal details secret, after a series of media reports revealed information about the wealth and assets of some senior Chinese officials.
Dish trumps Sprint's offer for Clearwire with $2.3 billion bid
(Reuters) - Dish Network put in a bid for Clearwire Corp on Tuesday that trumped Sprint Nextel's $2.2 billion offer, setting the stage for a takeover battle for the wireless service provider that owns crucial mobile spectrum.
Top banks told to centralize risk data by 2016
LONDON (Reuters) - The world's top banks have three years to build up a single picture of all their risks to help make the wider financial system safer, global regulators said on Wednesday.
Analysis: Market bellwether bodes well for 2013
LONDON (Reuters) - Seasonal bellwether or just hocus pocus, the first five trading days bode well for 2013.
France calls for report on tax-dodging by multinationals
PARIS (Reuters) - The French government has asked for a report that will outline ways to stop multinational companies dodging taxes, a practice that indirectly stifles local companies, culture minister Aurelie Filippetti said.
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