Reuters - Deutsche Post DHL (DPWGn.DE) said a global economic recovery and cost cuts will help it boost its core profit this year and in 2011.

Reuters - Deutsche Post DHL said a global economic recovery and cost cuts will help it boost its core profit this year, as it halted a slide in revenues last year and demand for air freight and mail started to improve.

Reuters - China, the world's biggest holder of foreign exchange reserves, renewed its commitment to the U.S. Treasury market on Tuesday but said it would be wary of substantially boosting its gold holdings.

AP - New data show that German corporate bankruptcies were up 15.5 percent on the year in December amid the fallout from the economic crisis.

AP - Britain's trade deficit with the rest of the world widened unexpectedly in January after lower sales of chemicals and other commodities led a drop in exports.

Reuters - Deutsche Post DHL (DPWGn.DE) unveiled a conservative financial strategy that focuses on saving cash to safeguard its credit rating and gave a 2010 earnings outlook that missed market expectations.

Reuters - The gaping U.S. budget deficit is cause for concern but clamping down on spending immediately would be 'pound-foolish' and derail the recovery, a top White House economic adviser said on Tuesday.

BusinessWeek - Who got us into this mess? It's not just greedy mortgage lenders and irresponsible economists who are responsible for the current financial crisis. Leaders, so called, have played a role too, by not managing their companies and so being detached from what was going on in them. And behind much of this has been an educational process that encouraged such detachment. As I've argued at length in my book, Managers not MBAs, the MBA is fine education -- but in the functions of business, not the exercise of managing. ...

Reuters - Weak U.S. labor markets are likely to justify easy money policies for quite a while longer, a top Federal Reserve official said on Tuesday.

Reuters - U.S. consumer confidence fell in March to its lowest level in a year, as high unemployment and the ways in which the government is using taxpayer money draw mounting apprehension in households, a research group said on Tuesday.

AP - United Technologies Corp. cut CEO Louis Chenevert's compensation nearly 19 percent last year, according to a document it filed with federal regulators. The company praised his performance but said the recession hurt the conglomerate, especially its aerospace business.

AFP - Greek Prime Minister George Papandreou urged the United States to crack down on currency speculators amid reports that some US funds have placed bearish bets against the euro.

Reuters - Democratic efforts to spur job creation advanced in Congress Tuesday as a $149 billion package of tax breaks and unemployment aid cleared a procedural hurdle in the Senate.

AFP - Cisco Systems on Tuesday unveiled super-fast Internet hardware that promises to boost US competitiveness and bolster economic recovery by moving mountains of data at astounding speeds.

AFP - Greek Prime Minister George Papandreou said Tuesday he had won a pledge from US President Barack Obama to take on the issue of speculators blamed for deepening Greece's economic crisis.

Reuters - Clamping down on spending now to cut the gaping U.S. budget deficit would be 'pound-foolish' and derail the economic recovery, a top White House economic adviser said on Tuesday.

Reuters - Democratic efforts to spur job creation advanced in Congress on Tuesday as a $149 billion package of tax breaks and unemployment aid cleared a procedural hurdle in the Senate.

AP - Chip maker Texas Instruments Inc.'s CEO's compensation edged up in 2009, according to calculations by the Associated Press, a recession year that proved difficult for the chipmaker.

AP - The chief executive of drugmaker Bristol-Myers Squibb Co., James Cornelius, received a 2009 compensation package valued by The Associated Press at $17 million, down 22 percent from 2008, due to the much lower value of his stock awards.