Cigar rally

The Cuban govern ment-run tobacco com pany Habanos said sales of cigars rose 2 percent to $368 million last year. That followed an 8 per cent drop in cigar sales in 2009.

TMX scrutiny

The government of the Canadian province of Ontario plans to set up an all-party committee to review the London Stock Exchange’s pro posed $7 billion bid for Canada’s TMX Group.

Rating cuts

Bahrain and Libya’s sovereign credit ratings were cut by Standard & Poor’s as the two Arab countries struggled to contain anti-government protests.

Dynegy exit

Dynegy’s chairman and CEO is stepping down and its directors will be replaced as a pact to be acquired by Carl Icahn was termi nated.

Virgin talks

Delta Air Lines and European partner Air France-KLM are mul ling a deal with Virgin Atlantic, The Atlanta Journal-Constitution reported. That would give Delta a bigger presence at London’s Heathrow Airport.