(Reuters) - Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, the Wall Street Journal said, citing people involved in the talks.
TAIPEI (Reuters) - HSBC , Europe's biggest bank, said on Thursday U.S. stocks were the best bets in 2009 due to the healthy profits some U.S. firms had made over the past two years, though a big sell-off was possible through March.
(Reuters) - Costco Wholesale Corp reported a 4 percent fall in sales at stores open at least a year in December, hurt mainly by lower gasoline prices and foreign exchange losses.
HONG KONG (Reuters) - Lenovo Group, the world's fourth-biggest PC maker, forecast a quarterly loss as China's slowing economy hit sales, and said it will axe 2,500 jobs as part of a restructuring to cope with falling demand for computers.
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