- Industrial output in Brazil expanded in December at its fastest pace in more than two years.
- Toyota earned roughly $3.3 billion in the quarter that ended on December 31st, up 34% from a year ago.
- Industrial production in Germany was down 0.5% in December.
- India's government said the economy will grow 8.1% this current fiscal year.
- Toronto stocks plunged 263 points on Tuesday, their biggest one-day drop since April 2004, as investors pocketed gains on energy and mining shares amid sharp declines in commodity prices.
- Shell CEO Jeroen Van Der Veer said that "The world is not running out of energy, the world is not running out of fossil fuels....we are a long way away from the peak."
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