GERMANY

World stocks rose from last week's 7-week low on Monday as hopes grew euro zone leaders would unveil fresh measures to resolve the two-year-old debt crisis, while caution ahead of next week's key summit kept the euro and German yields under pressure.

Italy's economy is fundamentally sound and should be able to win back market confidence if it shows fiscal discipline, European Central Bank member Christian Noyer said on Monday, ruling out a collapse of the euro zone because of the sovereign debt crisis.

Italy's economy is fundamentally sound and should be able to win back market confidence if it shows fiscal discipline, European Central Bank member Christian Noyer said on Monday, ruling out a collapse of the euro zone because of the sovereign debt crisis.

President Barack Obama will press European Union officials Monday to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry, Reuters reports.

HTC Corp promised competitive new models early next year and said it would stick to its strategy in the face of its biggest challenge since rising to prominence in the smartphone market.

HTC Corp promised competitive new models early next year and said it would stick to its strategy in the face of its biggest challenge since rising to prominence in the smartphone market.

HTC Corp, the world's No.4 smartphone maker, opened lower for a third session on Monday after news that it could face a sales ban in Germany, but soon turned positive to rise as much over 1 percent.

Germany and France are exploring radical methods of securing deeper and more rapid fiscal integration among euro zone countries, aware that getting broad backing for the necessary treaty changes may not be possible, officials say.

U.S. stock futures jumped in early electronic trading on Sunday on the latest round of proposals out of Europe designed to corral the growing euro zone debt crisis.

German patent firm IPCom plans to halt as quickly as possible the sale of all HTC smartphones in Germany, another blow to the Taiwanese firm just two days after it shocked markets by cutting its fourth-quarter outlook.

Belgium and Hungary were downgraded late in the week, fueling more fire to the already credit-sensitive region.

A recovery plan by Air France to end its losses will have two stages with the first part, to be implemented in January or February, focused on savings to improve cash flows, newspaper La Tribune wrote in article released on Sunday.

Detailed operational rules for the euro zone's bailout fund, the European Financial Stability Facility , are ready for approval by euro zone finance ministers on Tuesday, documents obtained by Reuters showed on Sunday.

Euro zone countries could create a Stability Union to secure deeper fiscal integration relatively quickly, German Finance Minister Wolfgang Schaeuble said on Sunday.

The chief executive of Nokia Siemens Networks , the world's second-largest maker of mobile phone network equipment, has warned employees NSN cannot expect any more money from its parent companies, a German magazine reported on Sunday.

Germany and France are exploring radical methods of securing deeper and more rapid fiscal integration among euro zone countries, aware that getting broad backing for the necessary treaty changes may not be possible, EU officials say.

Hold on, I'm in the middle of a Twitter war with Nouriel Roubini, author James Rickards says as he answers the phone from his Manhattan office.

The Geneva-based fund was set up in 2002 and supported by around 150 donor countries. It works in collaboration with other organizations to promote treatment and large scale prevention programs against three chosen diseases.

German Chancellor Angela Merkel and French President Nicolas Sarkozy are planning more drastic means -- including a quick, new Stability Pact -- to fight the Eurozone sovereign-debt crisis, Welt am Sonntag reported Sunday.

Greece may miss its target for privatization revenue next year because of the worsening economic climate in Europe, the head of the agency responsible for selling state assets said in an interview to be published on Sunday.

A French train carrying 150 tons of reprocessed nuclear waste entered German territory on Friday. According to reports, there have been clashes between anti-nuclear activists who attempted to block the train and riot police.