U.S. trade gap narrows to 6-year low in January

Date: Fri, 13 Mar 2009 12:01:46 -0400
U.S. trade gap narrows to 6-year low in January

The U.S. trade deficit narrowed by 9.7% to $36.0 billion in January on
an across-the-board decline in global trade flows, the Commerce
Department says.

CLASH OVER STIMULUS SPENDING CLOUDS G20 OUTLOOK

Don't look for the world's most powerful economic policy makers to
come up with a sweeping prescription for a deepening global recession
when they gather this weekend in southern England.

EUROPE MARKETS: EUROPE STOCKS JUMP, ON TRACK FOR FOURTH DAY OF GAINS

European shares jump higher on Friday, with banks and oil producers
leading a broad-based advance that put stocks on track for a
fourth-straight session of gains.

TOYOTA PLANS TO DEVELOP AFFORDABLE HYBRID VEHICLE

Toyota Motor Corp. is planning the development of a new, more
affordable hybrid car that will sell for around 20% to 30% less than
the automaker's current. hybrid offering, the Prius, according to a
Japanese media report.