Money & Markets

HSBC: data on 24,000 Swiss account holders stolen

GENEVA (AP) - Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday, potentially exposing large numbers of international clients to prosecution by tax authorities in their home countries.
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Business AP

Stock futures fall modestly ahead of open

NEW YORK (AP) - Stock futures fell modestly Thursday as the market remains stuck in a tight range. A lack of economic reports have kept a lid on big movements this week.
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Terra Industries, AIG, J. Crew are...

Wall Street

Astra boosts generic exposure with Torrent deal

LONDON (AP) - AstraZeneca PLC announced a supply partnership with India's Torrent Pharmaceuticals on Thursday, its first such link with a generic drugmaker as it seeks to boost its presence in emerging markets and counter patent losses on blockbuster medicines.
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Business AP

World airlines see blue skies ahead

GENEVA (AP) - Global airlines are undergoing a surprisingly strong recovery with Asian and Latin American carriers leading the way, the leading industry group said Thursday as it halved its loss forecast for 2010 to $2.8 billion.
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Business AP

BP to pay $7 billion for exploration rights

LONDON (AP) - Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights from US-based Devon Energy Corp. that will strengthen BP's dominant position in the Gulf of Mexico and give it access to a promising region off Brazil.
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