UNITED KINGDOM

London bankers' mighty pay has fallen from the highest level among global financial centers to the lowest, with Wall Street financiers grabbing the top spot, a poll showed on Sunday.

World stocks rose for a fifth straight session on Monday as investors sought bargains against a background of increasing optimism about the global economy.

Mining giant Rio Tinto has drawn up contingency plans to raise $8 billion in a rights issue underwritten by JP Morgan Cazenove and Credit Suisse, the Sunday Times reported without citing sources.

The NATO nations have agreed to boost 5,000 extra troops and $100 million to secure the Afghan presidential election in August and to fight against the Taliban.

President Barack Obama won NATO backing on Saturday for his new approach to Afghanistan but his European allies stopped short of offering long-term troop deployments for the war effort.

U.S. President Barack Obama and his wife gave the Queen of England a personalized iPod during his visit to the UK this week for the G-20 summit.

Internet calling companies such as eBay unit Skype have called on European policymakers to adopt policies that let consumers access their services through smart phones on any public network.

Rupert Murdoch, whose media company News Corp owns one of the few U.S. newspapers that makes people pay to read its news on the Web, said more papers will have to start doing the same to survive.

Royal Bank of Scotland will cut more jobs, Chairman Philip Hampton warned on Friday as he called for an end to the public flogging of the state-rescued bank over its past mistakes.

Royal Bank of Scotland will cut more jobs, Chairman Philip Hampton warned on Friday as he called for an end to public flogging of the state-rescued bank over its past mistakes.

G20 leaders convinced investors they were united enough to keep a risk-taking rally alive on Friday, lifting Asian stocks a fourth day, but the U.S. dollar fought back from early losses ahead of the latest U.S. payrolls number due later in the day.

World leaders drew praise on Friday not so much for the boldness of their $1.1 trillion package to help revive the global economy as for at least not making the crisis worse by failing to agree.

Efforts by G20 leaders convinced investors that policy makers were united enough to keep a risk taking rally alive on Friday, pushing up Asian equities for a fourth day and knocking the yen to a six-month low against the Australian dollar.

World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again.

World leaders on Thursday clinched a $1.1 trillion deal to combat the worst economic crisis since the Great Depression, and tightened the rules to stop it happening again.

Leaders of the G20 nations agreed to pump an additional trillion dollars to fight the economic crisis on Thursday, in an effort to shorten the recession and save jobs.

World leaders agreed a trillion-dollar deal on Thursday to combat the deepest economic downturn since the Great Depression.

World leaders will impose new financial rules on Thursday and triple the war chest of the International Monetary Fund to fight the worst economic crisis since the 1930s, sources at the G20 summit said.

Banker Julius Meinl V, head of an Austrian coffee-roasting dynasty and chairman of Meinl Bank, was arrested late on Wednesday on suspicion of defrauding investors through secretive share buybacks.

World leaders will impose new financial rules on Thursday and triple the war chest of the IMF to fight the worst economic crisis since the 1930s, monetary sources at the G20 summit said.

World leaders are set to declare an end to unfettered capitalism at a G20 summit on Thursday after France and Germany demanded they act fast on promises to prevent a repeat of the worst economic crisis since the 1930s.