BUSINESS

Prime Minister David Cameron can expect a hero's welcome from his Conservative party but faces a backlash from Liberal Democrat allies on Monday when he explains a European Union veto that has cast Britain adrift from its continental partners.

Activision Blizzard, the biggest U.S. video game publisher by market capitalization, said its game Call of Duty: Modern Warfare 3 crossed $1 billion in sales since its launch on November 8.

Canada's resource-heavy main stock index was set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European Union deal to tackle its debt crisis faded.

Italian one-year borrowing costs stayed close to a record high at an auction on Monday, in an early sign that last week's EU summit failed to reassure investors European leaders can take the urgent steps required to stem the euro zone debt crisis.

Wall Street stocks were set to fall at the open on Monday on lingering concerns a deal over economic integration in Europe will not be enough to keep the region's two-year sovereign debt crisis from spreading further.

Stock index futures fell on Monday on lingering concerns a deal over economic integration in Europe will not be enough to keep the region's two-year sovereign debt crisis from spreading further.

Prime Minister David Cameron proved the British political right is the world's stupidest by refusing last week's European summit deal on fiscal reform under pressure from narrow financial lobby interests, the head of France's financial sector regulator said Monday.

Stock index futures fell on Monday on lingering concerns a deal over economic integration in Europe will not be enough to keep the region's two-year sovereign debt crisis from spreading further.

Last week's EU summit went a long way towards forging the closer economic ties needed to prevent future debt crises but markets are likely to judge it as too little and too late to solve the current one.

U.S. stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.8 to 1 percent.

India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on the central bank to ease monetary or liquidity conditions, possibly as soon as Friday.

Panama’s ex-leader Manuel Noriega has returned back to his home country to face further punishment following extradition from France.

At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, Iran and others deemed state sponsors of terror by the state department, the Financial Times said on Sunday.

It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with EU founding members France and Germany and committed to binding their economies ever more tightly.

At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, Iran and others deemed state sponsors of terror by the state department, the Financial Times said on Sunday.

An OECD report due for release this month will say markets and governments face an uphill struggle to fund themselves next year amid extreme uncertainty over the euro zone and the global economy, the Financial Times said on Monday.

The American Federation of Television and Radio Artists announced Friday night that it had reached a tentative agreement with the Big Four broadcast networks on a new network TV code deal.

Germany's largest utility E.On has recruited Goldman Sachs to run a sale of its gas distribution network in a move that could raise up to 2.5 billion euros to help pay down its debts, the Financial Times reported on Sunday.

An agreement reached by European countries for deeper economic integration was a step in the right direction but not a complete solution for the euro zone's debt crisis, International Monetary Fund chief economist Olivier Blanchard said on Sunday.

Shares of TripAdvisor, the largest Internet travel site, will likely trade well after the business is spun off from Expedia, Barron's financial newspaper said in its Dec 12 edition.

Online spending remained strong in early December, a period that usually marks a lull in the U.S. holiday shopping frenzy, comScore said on Sunday.

Investors could reap gains of 15 percent to 20 percent next year by buying top-quality stocks such as MetLife, Comcast Corp and Berkshire Hathaway , Barron's said in its Dec 12 edition.

On a recent morning inside a crowded town hall, auctioneer Jeffrey Obrecht sold off a sliver of western Iowa farmland barely wider than a football field.

Inspectors for Greece's international lenders and private creditors kick off a round of meetings with the government on Monday to prepare for a new 130-billion euro ($173.75 billion) bailout plan and bond swap scheme to keep the country afloat.

Swiss and U.S. officials have met in recent days in Berne to try to end a long-running dispute over wealthy Americans using secret Swiss accounts to dodge taxes, and seem to be getting closer to a deal, two newspapers reported on Sunday.

BMW has unveiled its all-new BMW 6 Series Gran Coupe, joining the likes of the existing Convertible and Coupe in the expanded range of 6-series models. The car is expected to go on sale in the United States next summer.

It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with EU founding members France and Germany and committed to binding their economies ever more tightly.

Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday, but Britain, the region's third largest economy, refused to join the other 26 countries in a fiscal union and was left isolated.

Hungary's government is aiming for a 10-15 billion euro package from the International Monetary Fund and the European Union to stabilize its economy, preferably with lighter terms, but would be also willing to accept a stricter deal, bank analysts said.