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Financial markets are becoming unhooked from economic fundamentals, officials warned in Japan and South Korea, as policy makers monitor the dangers posed by any Greek exit from the euro region.

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Coty Inc. says it is withdrawing its $10.7 billion offer to buy Avon.
Coty announced its decision in a letter to Avon’s board a day after Avon said it would consider the offer. The letter was made public late Monday.
Avon’s response Sunday came two months after Coty made its original offer and Avon executives asked for […]

There are various ways on how to get free credit report online; but there is only one official website that is mandated by the government as your certified source for your annual credit report for free.

Exxon is teaming up with Russian oil giant Rosneft to develop oil and natural gas fields in Russia and North America.
The companies on Monday signed an agreement that was first announced in August. The signing ceremony in Russia was attended by Russian Prime Minister Vladimir Putin.
Exxon gains access to Russia’s prized offshore reserves in the […]

Iraq’s oil ministry says oil exports in January have declined by nearly 4.5 percent compared to the previous month.
Sunday’s statement says last month’s oil exports averaged 2.0137 million barrels per day, down from an average of 2.107 million barrels per day in January.
The sales grossed $6.595 billion based on an average price of $112.928 per […]

Stocks recorded small gains Thursday after a pair of positive economic reports. The Dow Jones industrial average tried to extend its longest winning streak in a year.
Just after 10:30 a.m. EDT, the Dow was up 17 points at 13,210. The Standard & Poor’s 500 index was up four at 1,398. The Nasdaq composite average was […]

People infuriated by what they call a discriminatory ban on photography by one of Italian fashion label Dolce & Gabbana’s Hong Kong outlets have protested outside the store.
Several dozen people gathered outside the shop Sunday afternoon. They yelled for the company to apologize after news reports earlier this month said sales staff were preventing Hong […]

China stands to be the biggest beneficiary of U.S. and European plans for sanctions on Iran

Think your programming skills are world class? Facebook wants you to prove it at its second annual Hacker Cup challenge.
"Hacking is core to how we build at Facebook," the company said in a blog post announcing this year’s competition. "Whether we’re building a prototype for a major product like Timeline at a Hackathon, […]

South Korea

For the St. Louis economy, this year looked a lot like the previous 20 or 30, and it’s a rut we really need to get out of.
Job growth lagged the nation. Well-known local companies succumbed to takeovers, without enough new businesses to take their place. Officials argued about strategy while failing to address the region’s […]