OPEC is unlikely to cut oil supply at its next meeting in March, Qatar's oil minister said on Monday.
The Australian dollar and the Canadian dollar rallied against the US dollar on news of the European stock market recovery and comments from various officials pledging their support for continued government stimulus.
The United States was sending more troops on Monday to help protect a huge relief operation in Haiti from marauding looters as tens of thousands of earthquake survivors waited desperately for promised food and medical care.
The Yemen-based wing of al Qaeda said on Monday its fighters had survived an air strike last week that Yemeni officials said killed six leaders of the militant group.
Swiss Re said it had agreed to transfer a U.S. life reinsurance contract to Warren Buffett for 1.3 billion Swiss francs ($1.27 billion), allowing it to reinvest capital more profitably elsewhere.
A study by the European Healthcare Fraud and Corruption Network (EHFCN) and the Center for Counter Fraud Services (CCFS) at Britain's Portsmouth University found that 5.59 percent of annual global health spending is lost to mistakes or corruption.
UK-based carbon offset aggregator Camco International Ltd grew its cash balance to 28 million euros ($40.3 million), the firm said in a trading update on Monday, but faces a steep climb to reach its 2012 offset inventory goal.
Oil rallied above $78 per barrel on Monday, snapping a five-day losing streak as the dollar eased against a basket of currencies, but concern over the outlook for energy demand and economic recovery weighed on the market.
President Barack Obama's promise to build a new Haiti out of the ruins of the earthquake could prove politically risky if the United States finds itself in a losing battle to rebuild the impoverished nation.
Finding a winner in the legal battle between Nokia and Apple will likely take years as the two cellphone giants use the courts to pressure each other into a licensing agreement.
Taliban gunmen launched a brazen assault on the centre of Kabul on Monday, with suicide bombers blowing themselves up at several locations and militants battling security forces from inside a shopping centre engulfed in flames.
President Barack Obama went on a rescue mission on Sunday to try to save an endangered Massachusetts Democratic candidate for the U.S. Senate whose defeat by a Republican could imperil Obama's sweeping healthcare overhaul.
From 2000 to 2009, the S&P 500 averaged a loss 0.82% after the Martin Luther King Jr. Day holiday in the United States.
Ford Motor Co and Mazda Motor Corp said on Monday they had no plans to dissolve their car making joint venture in China, which overtook the United States as the world's largest auto market in 2009.
Profits from top U.S. technology companies like IBM and financial companies like Goldman Sachs Group Inc this week could help stocks gain as long as investors see room for more profit growth.
Motorola Inc is planning to launch five to six smartphones in China this year with one model ready to be unveiled shortly, officials of the U.S. mobile phone maker said on Monday.
Credit Suisse will increase the headcount in its prime brokerage team in Asia by 15 percent to 20 percent in 2010 as it aims to win business from the increasing number of global hedge funds eager to set up base in the region, a senior official at the Swiss bank said.
Cadbury Chief Executive Todd Stitzer said the British confectioner could be worth more than 10 pounds a share by 2013, in an interview published in the Daily Telegraph's Monday edition.
Toyota Motor Corp plans to increase global production of gas-electric hybrid cars to 1 million units in 2011, twice the volume of last year, as it tries to keep its leading position in the growing low-emission car market, the Nikkei business reported on Monday.
SYDNEY, Jan 18 (Reuters) - The U.S. dollar and the yen were firm on Monday while currencies leveraged to global growth like the Australian dollar ran into a bout of profit-taking after an impressive run up since the start of the new year. The euro EUR= stayed under pressure, dragged down by concerns about fiscal problems buffeting Greece. The country's budget deficit has ballooned and its credit ratings have been cut, a factor that has been weighing down on the euro in the past few months [ID:nL...
Some banking analysts are bullish on U.S. regional banks as they expect fourth-quarter results to bring improved earnings per share and capital-ratio visibility, Barron's reported on Sunday.
Google Inc enters a second week of high stakes brinkmanship with China's government, amid speculation the firm has decided to pull out of the world's biggest Internet market over cyber-spying concerns.
