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AP Top Business News At 6:37 a.m. EST

Greece leads markets higher amid EU rescue hopes
LONDON (AP) -- Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package for the heavily indebted country is waning....

EU nations' reality: Greece's woes are theirs, too
BRUSSELS (AP) -- Wealthy European nations are moving closer toward swallowing a bitter pill: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street....

Greek unions launch 1st assault on austerity plan
ATHENS, Greece (AP) -- A civil servants' strike grounded flights and shut down public services across Greece on Wednesday, as labor unions mounted their first major challenge to austerity measures in the debt-plagued country....

Toyota starts fixing Priuses recalled in Japan
TOKYO (AP) -- Prius owners in Japan are rushing to dealers for repairs a day after Toyota's president announced a global recall for a glitch in the car's antilock brake system....

AP sources: FAA eyes hefty fines for American
WASHINGTON (AP) -- The Federal Aviation Administration is close to wrapping up a two-year investigation of safety violations at American Airlines that could result in one of the largest fines in the agency's history, according to government and industry officials familiar with the investigation....

Bank of England expects slow economic recovery
LONDON (AP) -- The Bank of England said Wednesday that the pace of recovery in the U.K. economy is slower than it previously forecast, impeded by tight credit and the need to repair public and private balance sheets....

Rio Tinto employees to stand trial in China
BEIJING (AP) -- Four detained employees of mining giant Rio Tinto Ltd. including an Australian national will stand trial in China on charges of stealing commercial secrets, a state news agency said Wednesday....

Honda adds 437,000 cars to global air bag recall
TOKYO (AP) -- Honda Motor Co. is adding 437,000 vehicles to its 15-month-old global recall for faulty air bags in the latest quality problem to hit a Japanese automaker....

Sanofi-Aventis Q4 profit up on swine flu vaccines
PARIS (AP) -- Sanofi-Aventis reported a 10 percent increase in fourth quarter net profit Wednesday as strong sales of its swine flu vaccine drove full year earnings above expectations....

Peugeot Citroen narrows losses
PARIS (AP) -- French car maker PSA Peugeot Citroen SA said Wednesday that it reduced losses in the second half of last year because of government scrappage plans but predicted that 2010 will remain challenging....

Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Rio Tinto employees to stand trial in China

Ahead of the Bell: Activision Blizzard results

Ahead of the Bell: Foreign Trade

AP sources: FAA eyes hefty fines for American

Bank of England expects slow economic recovery

Latest plan to cut farm subsidies likely dead

Greece leads markets higher amid EU rescue hopes

Norway's Telenor posts 25 pct rise in Q4 profits

Honda adds 437,000 cars to global air bag recall

EU nations' reality: Greece's woes are theirs, too


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