BUSINESS

Euro zone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditors said they could not improve their offer.

Nokia Siemens Networks has raised more than 1.2 billion euros from a group of 14 European and U.S. banks as it looks to restructure the business and pay costs of a big redundancy program, a source close to the deal said on Monday.

German steelmaker ThyssenKrupp is in talks with Finland's Outokumpu over a possible merger of the two companies' stainless steel businesses.

FileSonic, a website providing online data storage, has disabled its file sharing services following a U.S.-led crackdown on a rival website and amid heated debate over Washington's attempts to clamp down on online piracy.

Toyota Motor Corp is cutting 350 jobs at its Australian manufacturing operations due to an ongoing downturn in production levels, a rare move from the Japanese auto giant.

There are weeks when it can sound as if the European sovereign debt crisis is going round in circles.

The founder of file-sharing website Megaupload was ordered to be held in custody by a New Zealand court on Monday, as he denied charges of internet piracy and money laundering and said authorities were trying to portray the blackest picture of him.

France and Germany will call on Monday for a relaxation of global bank capital rules to prevent lending to the real economy being choked off, the Financial Times reported on Monday.

Asian shares and the euro paused from last week's rally on Monday as investors sweated on the progress of crucial Greek talks on a debt swap deal to avoid a default, while activity was subdued due to the Lunar New Year holiday in much of Asia.

Japanese manufacturers are bracing for a possible breakup of the euro zone, according to a Reuters poll released on Monday, with 65 percent saying they see a need to prepare for the currency block's partial or complete collapse.

Two men sought worldwide in connection with a U.S.-led crackdown on the online file-sharing website Megaupload have been arrested, a New Zealand government lawyer told a court on Monday.

Would-be American home-buyers can take heart: U.S. housing is more affordable than in other English-speaking countries, according to a study of metropolitan areas around the world.

Nokia Siemens Networks has raised more than 1.2 billion euros from a consortium of 14 European and U.S. banks, the Financial Times reported on Monday.

The founder of online file-sharing website Megaupload argued in a New Zealand court Monday he was innocent on charges of internet piracy and money laundering and said authorities were trying to portray the blackest picture of him.

Twitter is much more than a social network and has no time to waste worrying about newcomers like Google+ as it becomes more important as an information service and builds its advertising business, co-founder Jack Dorsey said on Sunday.

German Finance Minister Wolfgang Schaeuble said on Sunday the crucial factor in negotiations over a debt-swap plan for Greece was that Athens should by 2020 have a sustainable level of borrowing.

Stocks rising, bulls rampant are motifs you might pick if designing a coat of arms for Wall Street at the moment. But the motto should read: Caveat emptor. Yes, buyer beware.

The Federal Reserve could take the historic step this week of announcing an explicit target for inflation, a move that would fulfill a multi-year quest of the central bank's chairman, Ben Bernanke.

Switzerland's economy minister Johann Schneider-Ammann expects the Swiss franc to weaken to about 1.40 francs per euro in the medium term, he told a Swiss newspaper on Sunday.

Switzerland's economy minister Johann Schneider-Ammann expects the Swiss franc to weaken to about 1.40 francs per euro in the medium term, he told a Swiss newspaper on Sunday.

An appeals court has dismissed a lawsuit by the financial industry challenging new federal regulations aimed at cracking down on speculation in commodities markets, a move that will likely delay a decision over whether the rules pass muster.

Office Depot Inc, the second-largest U.S. office supply retailer, is testing PayPal's new point-of-sale system in a few stores, a top executive told Reuters.

German utility RWE expects to issue 1.8 billion euros ($2.33 billion) worth of hybrid bonds in various currencies over the course of this year, effectively rolling over debts maturing in the same amount, in order to maintain its current credit rating.

New Zealand police on Saturday revealed bizarre details of the arrest of the suspected kingpin of an Internet copyright theft case against the James Bond-like backdrop of a country mansion hideaway with electronic locks, a safe room and a pink Cadillac.

Greece and its creditors are continuing negotiations on a debt swap on Saturday after late-night talks edged them closer to a vital deal but failed to clinch an agreement.

New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of luxury cars, artwork and other goods.

New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of cars, artwork and other goods.

Stocks rising, bulls rampant are motifs you might pick if designing a coat of arms for Wall Street at the moment. But the motto should read: Caveat emptor. Yes, buyer beware.

Group of 20 nations agreed to push Europe to take extra steps to resolve the debt crisis on Friday as they inch toward a deal to boost the International Monetary Fund's firepower.