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Telenor seeks payback from India in license fight

Norwegian mobile operator Telenor ASA has told the Indian government it wanted to resolve its license dispute, but said it would seek damages if the cancellation of its 22 licenses was not settled.

Exclusive: Singapore's Temasek: evolution not revolution

Temasek Holdings, the smaller but more visible of Singapore's two sovereign funds, is moving into a new phase with its investment strategy, and could look more like Blackstone Group , another $160 billion institution, which has grown from a focused private equity firm to a global asset manager.

EBay blocks sale of sorbitol after death in Italy

Online auction company EBay Inc said on Monday it had blocked global sales of sorbitol following the death of a medical patient in Italy who consumed a sample of the sugar substitute which had been bought on the Internet.

Housing market recovery hits pothole in February

Contracts to purchase previously owned U.S. homes unexpectedly fell in February, suggesting a loss of momentum in the housing market after recent signs of improvement.

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Strange Doings: Yahoo Sues, Facebook Arms: Why?

Facebook (NYSE: FB), the No. 1 social network that wants to complete its initial public offering, is spending more on lawyers these days.

Bernanke's words drive Wall Street up 1 percent

The S&P 500 rebounded from its worst week so far this year to retake a four-year high on Monday after Federal Reserve Chairman Ben Bernanke signaled supportive monetary policy will remain even though the job picture has begun to improve.

Deutsche Bank to settle MBS suit for $32.5 million

Deutsche Bank AG has agreed to pay $32.5 million to investors who said they were misled about the quality of mortgage loans sold to them as highly rated securities right before the U.S. housing market imploded, court papers show.

U.S. regulators push for online do not track system

U.S. regulators are pressuring Internet companies to put in place by the end of the year a Do Not Track system that would give consumers more control over their personal data online, in a report released on Monday that privacy advocates dismissed as too soft.

Facebook: Evidence shows New York man's lawsuit is fraud

Facebook Inc urged a federal judge on Monday to throw out a lawsuit by a New York wood pellet salesman who said he deserves half of founder Mark Zuckerberg's stake in the social media company, calling the case a fraud.

EXCLUSIVE-Blackstone, Bain prepare Michael Stores IPO

Blackstone Group LP and Bain Capital LP have tapped banks for an initial public offering of Michael Stores Inc, North America's largest specialty retailer of arts and crafts which they paid over $6 billion to take private in 2006, four people familiar with the matter said on Monday.

Facebook: Emails show NY man's lawsuit a fraud

Facebook Inc released emails by founder Mark Zuckerberg from his days at Harvard University to bolster its arguments that a wood-pellet salesman who sued for a 50 percent stake in the social media company lied and forged documents.

Bernanke: U.S. needs faster growth to lower unemployment

The economy needs to grow more quickly to bring the unemployment rate down further, Federal Reserve Chairman Ben Bernanke said on Monday, defending the central bank's policy of very low interest rates.

Big venture firm raises the networking stakes

Andreessen Horowitz, a three-year-old venture capital firm, has made a big mark in Silicon Valley partly through the sheer scale of its endeavors, with big funds totaling some $2.7 billion and big investments in high-profile companies including Facebook, Twitter, Zynga and Groupon.

February business volume up in year, down in month

U.S. companies borrowed more to buy equipment in February than a year ago, though less than in January, and spent mostly for new technology and aging goods replacement, the Equipment Leasing and Finance Association said on Monday.

Wall Street climbs 1 percent as Bernanke comments support

Stock indexes gained 1 percent on Monday after Federal Reserve Chairman Ben Bernanke signaled a supportive monetary policy will stay even as the unemployment rate improves.

Merkel: Greek euro exit would be catastrophic

Greece's exit from the euro would be a catastrophic political and economic mistake that would severely weaken Europe's single currency bloc, German Chancellor Angela Merkel said in a BBC interview broadcast on Monday.

Facebook: Evidence shows NY man's lawsuit is fraud

Wall Street rallies after Bernanke comments

Stocks rose on Monday, rebounding from last week's decline, after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies, even as the unemployment rate improves.

Regulators push for online do not track system

U.S. regulators pushed Internet companies on Monday to adopt a Do Not Track system that would give consumers more control over their personal data online, and asked Congress to pass privacy legislation.

Kirkland Lake Gold Output Hit By Power Problems

Kirkland Lake Gold Inc said a week-long power interruption at its gold mill in Ontario has disrupted its gold production in the fourth quarter.

Gold holds near $1,660/oz as weaker euro caps gains

Russian Gold Production To Slow This Year To 3%

Russian gold production growth could slow to 3 percent in 2012, comparing with last year's 3.6 percent increase, due to declining output from several mines, the Gold Industrialists' Union said in a statement on Monday.

US regulators push for online do not track system

Gold Up 1% On Bernanke Comments

Gold prices rose 1 percent on Monday after comments from U.S. Federal Reserve Chairman Ben Bernanke that faster growth will be needed to boost employment supported expectations that further quantitative easing measures may be necessary.

Pending homes sales dip 0.5 percent in February

Contracts to purchase previously owned homes unexpectedly fell in February, suggesting a further pullback in sales as the housing market struggles to regain its footing.

Wall Street gains after Bernanke comments

Stocks rallied on Monday after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies even as the unemployment rate improves.

Stock futures point to higher open after Bernanke comments

Stock index futures pointed to sharp gains at the open on Monday after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies even as the unemployment rate improves.

U.S. needs faster growth to lower unemployment: Bernanke

The U.S. economy needs to grow more quickly if it is to produce enough jobs to bring down the unemployment rate, Federal Reserve Chairman Ben Bernanke said on Monday.

Yahoo names three new independent directors to board

Yahoo Inc has appointed three new independent directors as it prepares for a proxy fight with activist hedge fund investor Daniel Loeb.

GM recalls more than 6,000 vans, SUVs over steering

General Motors Co is recalling 6,159 big vans and sport-utility vehicles in the United States for possible loss of steering.

Stock futures higher ahead of Feb home sales data

U.S. stock index futures rose on Monday, pointing to an equities rebound after the S&P's worst weekly performance so far this year, as investors looked ahead to data on February pending home sales.

Nazi Germany’s Fascination With Ancient India: The Case Of Heinrich Himmler

Himmler, responsible for the deaths of millions of innocent people, was also a highly complex and fascinating man. He was obsessed with India and Hinduism.

Fed's Plosser criticizes unfettered asset-buying

The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.

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