UNITED STATES

Oil prices edged lower on Monday after reaching an 11-month high late last week, as light post-weekend profit-taking was limited by concerns over U.S. fuel supplies, Nigerian crude shipments and North Sea maintenance.

General Motors sales outgrew the broader European car market in the first half as a surge in demand for its Korean-built Chevrolet brand cars offset a hefty decline in Saab sales, the automaker said on Monday.

As if it wasn't hard enough to invest $200 billion, the managers of China's new state asset agency face a new headache: growing financial protectionism.

Gold crawled higher on Monday on bullish energy prices and slight falls in the dollar, while Tokyo futures prices rallied to a two-week high.

U.S. stocks could rise this week if the first wave of quarterly earnings inject optimism about results for the period and on economic growth that has surprised on the upside.

A stronger-than-expected reading on Japanese machinery orders pushed up machinery stocks such as industrial robot maker Fanuc Ltd. on Monday, sending the Nikkei average 0.55 percent higher.

Rubles, rupees and renminbis will be a much bigger part of mom and pop's portfolio in less than 10 years as consumers become more tolerant of risk-taking and more knowledgeable about global economies, according to a study released on Monday.

German low-cost airline Air Berlin said on Saturday it ordered 25 of Boeing Co.'s new 787 Dreamliner planes, in a deal worth $4 billion at list prices.

Volkswagen, the world's fourth-largest carmaker, is considering building a new North American factory if the dollar stays weak, Chief Executive Martin Winterkorn said in an interview with German magazine Focus.

Blackstone's big payout for the hotel chain shows buyout firms are still confident about debt financing for the right properties.

If globalization were put on the balot in the U.S. it would lose, GE chief Jeffrey Immelt warns.

Oil surged to an 11-month high above $76 a barrel on Friday, closing in on the all-time record as Nigerian disruptions and OPEC output cuts stirred supply concerns amid rising U.S. refiner demand.

The dollar fell against the euro on Friday after an unexpectedly strong U.S. jobs report failed to change views that U.S. interest rates will stay on hold this year while overseas rates rise.

Amid an uproar over a decline in foreign initial public offerings on U.S. stock exchanges, dozens of overseas companies are more quietly heading for the exits.

U.S. brewer Anheuser-Busch Cos. Inc. is betting rising incomes and an aspiring middle-class in countries such as India and China will boost its international revenues, a senior company official said on Friday.

Gold was steady on Friday ahead of the release of U.S. payrolls data, while Tokyo futures shed the previous day's gains to track losses in New York.

Financial markets focused on Friday on upcoming U.S. jobs data for a guide to the path of interest rates, leaving stocks mixed, the dollar clinging on to recent gains and bonds weaker.

A well-known hacker claims to have overcome restrictions on Apple Inc.'s iPhone, allowing highly technical users to bypass AT&T Inc.'s network to use the phone's Internet and music features.

Microsoft Corp. said on Thursday it will open a software development center in Vancouver, giving it a place to employ skilled workers snagged by U.S. immigration quotas.

Current U.S. interest rate policy should promote a further drop in inflation although risks are still skewed toward higher prices, San Francisco Federal Reserve President Janet Yellen said on Thursday.

Pacific rim trade ministers pushed for a revival of stalled world trade talks on Friday, but committed themselves to work towards setting up their own trade bloc if a global deal fails.