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Global poll sees support for spending stimulus

Most people around the world support significantly increasing government spending to counter the economic crisis, according to a 20-nation opinion poll released on Monday.

Fed may shun gradualist rate hike pace

The last time the Federal Reserve was raising interest rates, it did so at a snail's pace. But it may not take that gradual approach to tightening policy the next time around.

Tina Fey wins Emmy award for Sarah Palin spoof

Actress Tina Fey won an Emmy on Saturday for her uncanny portrayal of former Republican vice presidential nominee Sarah Palin on Saturday Night Live, while pop star Justin Timberlake also was honored for his appearance on the NBC network's veteran sketch-comedy series.

Cody exorcises demons from Jennifer's Body

Oscar-winning writer Diablo Cody insists she is neither nerdy pushover or sexy cheerleader, as are the two main characters in her high-school horror movie Jennifer's Body. But in her new Hollywood reality, she may embody a little of both.

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Ex-BoE member astounded U.S. govt didn't save Lehman

The former deputy Governor of the Bank of England said he was astounded the U.S. government let Lehman Brothers go under, and that the bank's collapse marked a clear moment when people lost confidence in the markets.

BIS says clearing derivatives not enough to cut risks

Central clearing of privately traded derivatives contracts won't be enough to make the $600 trillion sector safe, while clearing of some bespoke trades may not be desirable, the Bank of International Settlements said.

China plans anti-dumping probe of U.S. autos, chicken

China's commerce ministry said on Sunday it had launched an anti-dumping investigation into imports of U.S. chicken products and vehicles, as the foreign ministry slammed the United States for protectionism.

Peres discharged from hospital after collapse

Israeli President Shimon Peres was discharged from hospital on Sunday with a clean bill of health, a day after the 86-year-old Nobel peace laureate passed out briefly at a ceremony.

Iran again rules out talks on its nuclear rights

Iran will not negotiate about its nuclear rights, President Mahmoud Ahmadinejad said on Sunday, after the United States said it would focus on the Islamic state's atomic activities in upcoming talks with Tehran.

Libyan Lockerbie bomber's health worsens: brother

The health of the terminally ill Libyan convicted of the 1988 Lockerbie bombing has deteriorated markedly in the past day, his brother and doctors said on Saturday.

Netanyahu says still gaps with U.S. on peace moves

Israeli Prime Minister Benjamin Netanyahu said on Sunday there were still gaps to bridge in talks with a visiting U.S. envoy seeking a settlement freeze and the revival of Israeli-Palestinian negotiations.

Obama warns against scare tactics over healthcare

President Barack Obama warned Americans on Saturday not to be tricked by scare tactics he accused his opponents of using as he went on the road to rally support for his drive to overhaul the U.S. healthcare system.

American Airlines in talks to invest in JAL: source

American Airlines is in talks to take a minority stake in Japan Airlines and form a joint venture with the struggling airline, a source said, pitting it against a rival bid from Delta Airlines .

Private equity firms look to take cos public

Efforts by private equity firms to sell stakes in portfolio companies through initial public offerings continued late this week as two North American companies took steps toward coming to market.

CORRECTED: Private equity firms look to take cos public

Bank launches probe into parties at foreclosed Malibu mansion

A community watchdog group expressed outrage and Wells Fargo said it was launching an investigation after a newspaper reported that a senior exec threw lavish parties at a beachfront Malibu house owned by the bank.

Stallone, Willis, Schwarzenegger form dream team

It is the action hero dream team. Sylvester Stallone will shoot a scene with Bruce Willis and Arnold Schwarzenegger soon for his upcoming adventure The Expendables, due to hit theatres in 2010.

Israeli war film Lebanon wins top prize in Venice

Hard-hitting Israeli war movie Lebanon won the Golden Lion for best picture at the Venice film festival on Saturday.

Pennsylvania governor ready to veto budget plan

Pennsylvania Governor Ed Rendell said on Saturday he is ready to veto a bipartisan budget plan proposed by lawmakers to end a 10-week deadlock because it is out of balance and contains cuts to education and healthcare spending.

American Air in JAL tie-up, investment talks: report

The parent company of American Airlines is in talks to set up a broad venture with Japan Airlines Corp in a deal that could see the U.S. carrier investing hundreds of millions of dollars in JAL, The Wall Street Journal cited sources as saying on Saturday.

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