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AP – Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway’s Yara.

AP – Germany energy company E.On AG said Wednesday that 2009 net income rose sharply to euro8.4 billion ($11.4 billion) partly as a result of the disposal of assets.

AP – ICF International Inc.’s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.

The defense secretary aimed to show progress in the expanded war against insurgents in south Afghanistan. Now Zad was the scene of first significant military push following President Obama’s announcement in early December that he would add 30,000 troops atop 17,000 reinforcements he had already sent into the flagging war.

AP – WuXi PharmaTech Inc. late Monday said it shifted to a profit in the fourth quarter, compared with a year-ago period when the research and development outsourcing company lost money due to a large impairment charge.

AP – German mail and logistics company Deutsche Post AG said Tuesday its net loss for the fourth quarter narrowed to euro283 million ($385 million) largely because of a cost savings program and better management of its U.S. express division.

Reuters – Greek Prime Minister George Papandreou on Monday urged the Group of 20 nations to crack down on market speculators, warning that failing to do so could trigger another global financial crisis.

AP – Arrow Energy Ltd., a major owner of natural gas assets in northern Australia, said Monday that a company jointly owned by Royal Dutch Shell and PetroChina has sent it a takeover bid worth $3.3 billion Australian dollars ($3 billion).

Reuters – General Motors will pay Stephen Girsky, recently appointed vice chairman in charge of corporate strategy and business development, around $5 million a year, mainly in stocks, the company said on Friday.

The Christian Science Monitor – German Chancellor Angela Merkel met her Greek counterpart George Papandreou here tonight to discuss Greece’s financial crisis, as tensions rise over whether Germany will provide crucial support to an EU bailout for the heavily indebted Mediterranean country.