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Brent oil jumps more than $1 to near $114 on Libya

London crude prices extended gains by more than $1 to near $114 a barrel in electronic trade on Monday, as worries over the worsening situation in Libya fed spreading unrest in the Middle East and stoked fears of a disruption of oil flows in the region.

Milan fashion awaits Chinese design boom

Milan fashion awaits Chinese design boom
Chinese designers will drive catwalk trends more than deep-pocketed Asian buyers as China's creativity becomes fashions' next big thing, top fashion executives and designers told Reuters at Milan fashion week.

China protest call smothered in police blanket

Foreign media in China face worsening conditions -survey
An online call for anti-government protests across China on Sunday instead brought an emphatic show of force by police determined to deter any buds of the kind of unrest that has shaken the Middle East.
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Oil spike may split Fed and ECB

The Federal Reserve and European Central Bank may go their separate ways if Middle East unrest provokes a sustained, inflationary oil price spike.
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China's Wen puts social stability at heart of economy

Fighting inflation is a priority for China and the government must ward off threats to social stability stemming from rapid price increases and pressure to raise the value of the yuan, Premier Wen Jiabao said on Sunday.
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Warren Buffett says on the hunt for deals

Warren Buffett is looking for acquisitions as an outlet to deploy his $38 billion cash pile, the legendary investor said in his annual letter to Berkshire Hathaway Inc shareholders on Saturday.
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Russia launches navigation system satellite

Russia launched on Saturday one of the final satellites needed to complete a space-based navigation system, which Moscow hopes will challenge the dominant U.S. Global Positioning System .
# 5. Zurich, Switzerland

U.S. travel to Switzerland is up

Even though only about 30 percent of Americans may be holding a valid passport, the number of U.S. travelers visiting Switzerland is on the rise.
Coming soon, a smart phone App to detect cancer in 60 minutes

Coming soon, a smart phone App to detect cancer in 60 minutes

A mobile phone can spot cancer and soon there may be an application to detect it and could allow physicians to find out within 60 minutes whether a suspicious lump in a patient is cancerous or benign, Science Translational Medicine journal said in a report on Friday.
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Chrysler CEO receives no cash for 2010: filing

Chrysler CEO Sergio Marchionne led an overhaul of the company's staid lineup of cars and trucks and revived interest in the automaker that was once left for dead-- and he didn't get paid any cash for it.
Bankers Eye RMB Offshore Market As China Funding Costs Rise

Bankers Eye RMB Offshore Market As China Funding Costs Rise

Bankers are predicting a burgeoning offshore market for renminbi-denominated bonds as corporates increasingly turn to the Chinese currency to issue debt, making it only a matter of time before the renminbi is on a par with dollars, euros and yen.
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Bush cancels conference visit over Assange invite

Former President George W. Bush on Friday canceled a scheduled appearance at a business leaders' conference in Denver after learning that organizers also invited WikiLeaks founder Julian Assange.
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BofA, Wells, Citi see foreclosure probe fines

Bank of America, Citigroup and Wells Fargo -- three of the biggest banks in the United States -- said they could face fines from a regulatory probe into the industry's foreclosure practices.
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Game fans snap up Nintendo's 3DS at Japan launch

Game fans hit Japanese stores early on Saturday to be among the first to get their hands on Nintendo's new 3D-capable game player, but the gadget's sales may be squeezed in the longer term by competition from smartphones and tablets.
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Wells Fargo, BofA expect foreclosure probe fines

Wells Fargo & Co , the largest U.S. mortgage lender, said it is likely to face fines from regulators and other government agencies as a result of a probe into the industry's foreclosure practices.
Protesters take part in an anti-government rally outside Sanaa University

Tens of thousands hold rival rallies in Yemen

Two people were killed in Yemen's southern city of Aden on Friday in protests against the 32-year rule of President Ali Abdullah Saleh, while loyalists and opponents held large rival rallies in the capital.
A protester sits near Pearl Square in Bahraini

Thousands stage anti-government protest in Bahrain

Tens of thousands of mainly Shi'ite Bahrainis gathered in Manama on Friday, declared as a day of mourning by the government, in one of the biggest anti-government protests since unrest erupted 10 days ago.
IAEA Report Reveals Foreign Assistance Helped Iran Reach Nuclear Capability.

IAEA says gets info on possible Iran military work

The U.N. atomic watchdog has received new information regarding allegations that Iran may be seeking to develop a nuclear-armed missile, the agency said in a report voicing deepening concern about the issue.

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