Unions: Nigeria strike over fuel resumes Monday

Two major labor unions in Nigeria say a paralyzing nationwide strike will resume Monday after negotiations with the government failed.
The Nigeria Labor Congress and the Trade Union Congress issued a joint statement Sunday confirming strikes would continue.
The strikes began Jan. 9 over spiraling gasoline prices following the removal of an estimated $8 billion in fuel […]

Fed

Federal Reserve Bank of Richmond President Jeffrey Lacker said the U.S. economy will expand at a

Vietnam Signals Cuts in Interest Rates as Asia

Vietnam signaled that it may cut policy interest rates to

Troubled Kodak creates new business structure

Struggling Kodak is seeking to simplify its structure and cut costs by reducing the number of its business segments from three to two. Shares shot up 34 percent in premarket trading.
Eastman Kodak Co., once a photography pioneer, was pummeled by consumers’ switch to digital. Its fortunes deteriorated further last year, and it said in November […]

Groups lock horns over Missouri’s green energy future

There’s a battle afoot to reshape Missouri’s green energy law.
Renewable energy advocates and utilities are squaring off to establish how much of Missouri’s electricity is derived from renewable resources — with the cost to consumers in the balance.
Renew Missouri, the group formed several years ago to advance the state’s existing renewable energy initiative, known as […]

Irish-Backed Bank Bonds Tempt Buyers Again - Bloomberg

Ireland, whose financial system came closer to collapse than that of any euro nation, may now entice investors back to its bank bonds.
Bank of Ireland Plc (BKIR)

Private hiring soars; seasonal issues cloud gain

The U.S. jobs recovery gathered pace as a measure of private-sector hiring surged in December and claims for unemployment benefits fell, suggesting the battered labor market may continue to strengthen in 2012.
The ADP National Employment Report’s December job tally of 325,000 surprised economists who had expected a gain of roughly half that size. It […]

High salaries for Italian lawmakers stirs anger

A government-mandated report has confirmed what many Italians long suspected: The euro11,000 ($14,300) that Italian lawmakers earn each month far outpaces what their peers in some of Europe’s largest economies get.
Italy’s bloated public sector and the privileges of its political elite have come under fire as the country battles its debt crisis with tax hikes, […]

Indonesian Inflation Slows, Giving Central Bank Room to Cut Interest Rates - Bloomberg

Indonesia