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AP – India’s central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation amid a faster-than-expected economic rebound.

AP – GameStop’s fourth-quarter results and 2010 forecast topped Wall Street expectations Thursday and company shares jumped more than 6 percent on its outlook for the year.

AP – The Massachusetts unemployment rate held steady at 9.5 percent in February.

Japan and a number of developing nations opposed the proposed ban, which was backed by the United States. Japan imports 80 percent of its Atlantic bluefin, which is a popular ingredient in sushi.

AP – Kraft Foods Inc. said Wednesday that it will cut the salt in its products that are sold in North America by an average of 10 percent over the next two years to appeal to health-conscious consumers.

Reuters – Korea Life Insurance Co (088350.KS) shares closed up 8 percent in heavy trading on their debut on Wednesday, signaling keen demand ahead of bigger rival Samsung Life’s planned $4 billion IPO in May.

Reuters – Bankrupt Nortel Networks Corp on Friday posted a 62 percent drop in quarterly revenue, as customers cut spending in the face of uncertainty about its bankruptcy proceedings and the shaky economy.

AP – An Associated Press calculation finds that steel maker Nucor Corp. paid its CEO fell 43 percent last year as it eliminated cash bonuses for executives to help it weather the recession.

AP – Shantanu Narayen, the president and CEO of software maker Adobe Systems Inc., was awarded compensation valued at $5.2 million in fiscal 2009, a 68 percent decline in a year that saw the recession weaken demand for its products.

AP – The Obama administration’s mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, and hundreds of thousands of homeowners are in limbo without an answer.