Feb 12 The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
* British accounting regulators said on Monday that they
would investigate the financial reporting at the British
software maker Autonomy before its $11.1 billion acquisition by
Hewlett-Packard Co in 2011.
* Concern over the euro moved to the forefront Monday as
finance ministers of the countries using the currency held their
monthly meeting. But this time, with the European Union's
recession continuing, the topic was the strength of the euro
rather than its many weaknesses.
* The Swedish investment company Hakon Invest agreed on
Monday to buy the remaining stake in the Nordic retailer ICA it
did not already own for $3.1 billion.
* A new 24-hour news and entertainment channel, Fusion, has
powerful backers in Univision and ABC News, a unit of the Walt
Disney Co, and underscores the growing influence of the
burgeoning Hispanic audience.
* Mary Jo White, who has been nominated to run the U.S.
Securities and Exchange Commission, has also disclosed that her
husband would relinquish his partnership at Cravath, Swaine &
Moore, converting his interest in the firm from an equity to
* Pope Benedict XVI's surprise announcement on Monday that
he will resign on Feb. 28 sets the stage for a succession battle
that is likely to determine the future course of a church
troubled by scandal and declining faith in its traditional
strongholds around the world.
* It will be four years on Tuesday since the last fatal
crash in the United States, a record unmatched since propeller
planes gave way to the jet age more than half a century ago.
Globally, last year was the safest since 1945, with 23 deadly
accidents and 475 fatalities, according to the Aviation Safety
Network, an accident researcher.