Business
- Ryanair to put $140 million in Lithuanian hub VILNIUS, Lithuania (AP) -- Budget airline Ryanair will establish a major hub in the Lithuanian city of Kaunas, its first in Central and Eastern Europe, the company's chief executive announced Tuesday....
- Toyota recalls 437,000 Priuses, hybrids globally TOKYO (AP) -- Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest in a string of embarrassing safety lapses at the world's largest automaker....
- Japan Airlines rejects Delta, stays with American TOKYO (AP) -- Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines....
- European stocks up cautiously on hopes for Greece LONDON (AP) -- European stocks rose cautiously Tuesday on hopes that EU officials will provide Greece with some form of support to handle its mountain of debt and keep the market crisis from spreading to other vulnerable countries....
- Oil above $72 in Asia amid weakening dollar SINGAPORE (AP) -- Oil prices rose above $72 a barrel Tuesday in Asia as a weakening U.S. dollar offset concerns about the strength of the global economic recovery....
- EU government bank says no bailout for Greece BRUSSELS (AP) -- The European Union's government-backed lender says it cannot bail out Greece or any other European country that can't pay its debts....
- Greece seeks pension, wage reform as strike looms ATHENS, Greece (AP) -- Greece's government was tackling the thorny issue of pension and wage reform Tuesday, part of its plan to fight a debt crisis that has alarmed global markets, even as strikes were being planned nationwide....
- UK retail sales rise 1.2 pct in January LONDON (AP) -- Britain's struggling economy showed more lackluster indicators Tuesday, with imports rising faster than exports in December despite the falling value of its currency and retailers reporting a slow start to the year....
- UBS makes Q4 profit, but withdrawals continue GENEVA (AP) -- Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said rich clients' withdrawals had continued....
- German exports down most in 60 years in 2009 BERLIN (AP) -- German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch as the world's top exporter, government data showed Tuesday....