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Spanish unemployment registrations jumped by the most in three years in January as the economy edged into its second recession since the end of 2009.
The number of people signing on for jobless benefits increased by 177,470 to 4.6 million, the Labor Ministry in Madrid said in an e-mailed statement today. That was the biggest […]

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It’s the best start for stocks in 15 years.
In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 percent in January and the Standard & Poor’s 500 gained 4.4 percent, the best performances for both indexes to open a year since 1997.
Investors were encouraged by modest but welcome improvement […]

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Valuations for U.S. equities have been stuck below the five-decade average for the longest period since Richard Nixon

Officials say talks between Greece and private creditors on halving the country’s privately held debt load have ended and a deal is very close.
A statement from creditor representatives Charles Dallara and Jean Lemierre says the two sides are “close to the finalization of a voluntary (private sector involvement) … We expect to conclude next week […]

The new man at the top of struggling Research In Motion Ltd. says his priority is to reinvigorate marketing and restore growth in the U.S., adding that he has no intention of allowing the iconic BlackBerry maker to be broken apart and sold in pieces.

Microsoft and IBM drove the Dow Jones industrial average up after the tech giants reported stronger earnings than analysts had expected.
The Dow rose 97 points Friday to close at 12,720. That’s a gain of 0.8 percent.
The S&P 500 index inched up 1 point to 1,315.
An earnings miss by Google caused its stock to plunge 8 […]

NEW YORK • The nation’s largest retail trade group expects a solid 3.4 percent increase in sales this year, below last year’s 4.7 percent increase as job woes weigh on shoppers.
Sales should reach $2.53 trillion this year, up from last year’s $2.45 trillion, boosted in part by higher prices across all goods, according to a […]

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

South Korea

An international arbitration body has awarded Exxon Mobil Corp. nearly $908 million in a dispute with Venezuela over compensation for the nationalization of its assets, the company said Sunday.
Exxon Mobil sought arbitration after President Hugo Chavez’s government nationalized an oil project in the country in 2007.
The decision by the International Chamber of Commerce confirmed that […]