BUSINESS

India's exports declined by 4.16 percent to $25.68 billion in May due to a slowdown in global demand, a statement released by the Ministry of Commerce and Industry said on Monday.

While this week will be interrupted midway by the Fourth of July holiday, the barbecues and fireworks are unlikely to take away from the importance of Friday's June nonfarm payrolls report. Monday's ISM manufacturing index will also be in focus.

Sprint has kept its promise. After some holdup due to inventory issues, the carrier finally made available Samsung's latest flagship smartphone, the Galaxy S3, for in-store purchasing starting Sunday, while Verizon Wireless will reportedly ship its variant starting next week.

Brightpoint, Lincare Holdings, Amylin Pharmaceuticals, Barclays, Nokia Corp, Verizon Communications, Tata Motors and Dollar Tree are among the companies whose shares are moving in pre-market trading Monday.

U.S. stock index futures pointed to a higher open Monday as investor sentiment turned positive with indications of improvement in business conditions in Asia and also continued optimism on the measures taken at the EU summit.

Barclays Bank chairman Marcus Agius Tuesday confirmed that he had resigned over the Libor (London Inter Bank Offered Rate) inter-bank lending rate-fixing scandal.

Asian Stock markets ended flat Monday as the optimism over Europe's moves to tackle the region's debt crisis faded and lackluster data from China also weighed.

Most European markets rose Monday as investors were encouraged by the hopeful economic indications from Asia and also the measures taken at the EU summit last week.

Crude oil futures declined during Asian trading hours Monday after reporting their biggest one-day price surge in three years in the previous session as a breakthrough in the European Union summit in Brussels boosted sentiment.

Most Asian markets rose Monday amid indications of improving business conditions in Japan and on continued optimism about the measures taken in the EU summit to alleviate the euro zone debt burden.

When CBS News broke the story that U.S. Chief Justice John Roberts had first decided to vote with his fellow Supreme Court conservatives on so-called Obamacare and then changed his mind, it led to huge questions, not only about him but also about his motivations.

In an effort to cut gridlock and pollution in Guangzhou, authorities in the capital city of Guangdong province began a one-year trial program on Sunday that will cap the number of new automobiles hitting the streets, according to the state-owned Xinhua news agency.

U.S. Chief Justice John Roberts was originally set to vote with the Supreme Court's conservative justices to strike down the Affordable Care Act, CBS News reported. However, he changed his mind about a month ago to join the court's liberal justices in mostly upholding the constitutionality of the law.

The European Union's economic sanctions on Iran became fully effective on Sunday, but the Islamic Republic's deputy oil minister claimed the country will have no difficulty finding replacements for recent EU purchasers of its crude.

Barclays Chairman Marcus Agius is expected to resign on Monday over the Libor interest-rate scandal, the BBC and the Guardian said on Sunday.

One hundred years after former President Teddy Roosevelt first proposed it, the United States -- the richest nation on earth -- has finally joined the world?s other, major, industrialized economies in having a universal health insurance plan.

It's not a tax. It's a penalty. President Barack Obama's administration and its allies in Congress carpet-bombed the morning news talk show Sunday with those seven words, holding the line in a PR counter-offensive the White House has been engaging on since Friday.

Now that we?ve passed through the first half of 2012, it?s time to reflect on some technology events and anticipate what might be ahead. Maybe we can make a few predictions.

Spain's economy shrank further in the second quarter but looks set to stabilize over the rest of the year while the government continues to push structural reforms and budget austerity, Economy Minister Luis de Guindos said on Sunday.

China's factory downturn worsened in June as a key activity index hit a seven-month low; the report is expected to raise expectations that the central bank may seek more policy easing.

Asian markets are expected to begin the week on the upswing gains after leaders of the European Union agreed on action to stem the region's debt crisis.

The U.S. Supreme Court on Thursday handed down its historic ruling on the Patient Protection and Affordable Care Act, largely upholding the law. But many fear that the ruling will result in a reduction in hiring and may become a further drag on our already struggling economy.

India's current account deficit deteriorated to a record high of 4.5 percent of the GDP or $21.7 billion - a level seen for the first time in 20 years - for the quarter ending March 2012, data released by the Reserve Bank of India show.

India's economic growth is faltering as a result of weak governance, policy paralysis and opposition to reforms by the present government. These have dragged down the investor confidence.

The top after-market Nasdaq gainers Friday were Medical Action Industries Inc, Velti plc, PowerSecure International Inc, ATP Oil & Gas Corporation and Calumet Specialty Products Partners L.P. The top after-market Nasdaq losers were: Electronic Arts Inc, Lexicon Pharmaceuticals Inc, Spectrum Pharmaceuticals Inc, Jive Software Inc and Dendreon Corporation.

The top after-market NYSE gainers Friday were: SAIC, EXCO Resources, Talisman Energy, Furmanite Corp and Owens-Illinois. The top after-market NYSE losers were: Sanchez Energy Corp, Anworth Mortgage Asset Corp, Schawk, Tahoe Resources and Ultra Petroleum Corp.

Most Asian markets rose this week as investor sentiment turned positive with the announcement of measures at the EU summit in Brussels aimed at alleviating the current debt crisis gripping the euro zone.

Apple Inc. (Nasdaq: AAPL) scored its second major win of the week over Samsung Electronics Co. Ltd. (Korea: 005930) in intellectual-property litigation on Friday, as Apple was granted a court order blocking U.S. sales of Samsung's Galaxy Nexus smartphone.

Smart USA employed zoology, statistics, engineering, and some cheeky graphic design to put an obnoxious Twitter follower in the right about the effects of bird doo-doo on cars. Here's the dirt on how much damage bird poop can cause to cars, and which color cars are most subject to aerial bombardment.