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FRANKFURT - German sports car maker Porsche made a record profit of more than 4 billion euros ($5.88 billion) in its 2006/2007 fiscal year, the German newspaper Frankfurter Allgemeine Sonntagszeitung reported.

TUNIS - Tunisia needs more bank mergers to strengthen its financial sector and become a largeger foreign investment target, Arab Gulf investors has said at a conference in the north African country.

SANTIAGO - Hoping to inject life into the country’s lackluster mining industry, Ecuador President Rafael Correa has said in an interview with Reuters on Saturday he would revoke concessions on properties that are not being exploited.

RIYADH - Citigroup Inc’s largegest individual shareholder, billionaire Saudi Prince Alwaleed bin Talal, regards the bank’s share price as ridiculously low and is not selling any shares, a magazine quoted him as saying.

RIYADH - Citigroup Inc’s largegest individual shareholder, billionaire Saudi Prince Alwaleed bin Talal, regards the bank’s share price as ridiculously low and is not selling any shares, a magazine quoted him as saying.

NEW YORK - Visa Inc, the world’s largegest credit card network, filed with regulators on Friday to lift up to $10 billion in an initial public offering, in one of the largegest and most eagerly awaited United States stock offerings.

NEW YORK - Any new signs that the economy continues to decelerate could make it hard for stocks to regain their footing after a bruising week that saw market indexes down sharply, and left consumer confidence at a two-year low.

NEW YORK - Countrywide , the largegest United States mortgage lender, has said in a United States regulatory filing on Friday, that if its credit rating dropped below its current lowest rating, this would “severely,” limit its access to the public corporate debt market and that could have repercussions on its business.