OPEC says EU ban on Iran oil to boost prices
The EU's embargo on Iranian oil exports will add upward pressure to oil prices, OPEC's secretary general said on Monday, even though there is no shortage of oil on the market.
Analysis: Fed-watching gives Asian central banks cause to pause
Asia's central bankers have yet another reason to hesitate now that the U.S. Federal Reserve looks likely to keep interest rates low for longer.
U.S. regulators upgrade Jeep Liberty airbag probe
U.S. safety regulators have upgraded an investigation into almost 387,000 Jeep Liberty sport utility vehicles for potential inadvertent airbag deployment, increasing the possibility of a recall.
Philips swings to loss as Europe's economy falters
Philips swung to a fourth-quarter net loss as government cuts ate into its healthcare equipment business and a slowdown in European construction activity and consumer spending hit its lighting operations.
In Facebook IPO, Bankers Seek Prestige over Fees
Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.
Bank of America shuffles investment banking leaders
Bank of America Corp is shaking up the leadership of its investment bank as it looks to find its footing in a difficult market environment.
Citi chairman Parsons considers stepping down: report
Citigroup's chairman, Richard Parsons, is considering giving up the position to focus on other interests, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
Shares Slump as Greece Disputes EU Austerity Push
Stocks tumbled in early trading on Monday as concerns grew about the state of Europe's finances as Greece and Germany sparred over budget measures for Athens.
Rick Santorum's Daughter Improves, but He Won't Return to Florida
Now that Rick Santorum's daughter is recovering from pneumonia, the presidential candidate is returning to the campaign trail -- but not to Florida, even though its primary is Tuesday and 50 delegates hang in the balance.
Small Businesses Continue to Hire, Wages and Hours Decline Slightly - Intuit
A monthly report by Intuit found small business employment grew by about 50,000 jobs, or 0.2 percent, compared to 60,000 jobs last month.
Starbucks to enter India, targets 50 outlets by year-end
Starbucks Corp will open its first coffee shops in India in August or September, a year later than originally planned, and aims to have 50 outlets by year-end through a tie-up with the Tata group, the country's biggest business house.
Stock Futures Imply Weak Open on Greek Budget Woes
Stock index futures pointed to a weak open on Monday as concerns grew about the state of Europe's finances as Greece and Germany sparred over budget measures for Athens.
Consumer spending fizzles in December, savings up
Consumer spending was flat in December as households took advantage of the largest rise in income in nine months to boost their savings, setting the tone for a slowdown in demand early in 2012.
Dutch to go after ISPs that allow file sharing
The Netherlands plans to crack down on Internet service providers that allow access to file-sharing sites such as Pirate Bay, though it will not make it an offence for individuals to download from these sites.
U.S. Consumer Spending Fizzles in December, Savings Up
Consumer spending was flat in December as households took advantage of the largest rise in income in nine months to boost their savings, setting the tone for a slowdown in demand early in 2012.
Stock futures slip as Germany, Greece wrangle over budget
Stock index futures fell on Monday as concerns grew about the state of Europe's finances as Greece and Germany sparred over budget measures for Athens.
Irish minister: hard to stay in euro if treaty rejected
It would be difficult for Ireland to remain in the euro zone if its voters rejected a proposed new fiscal treaty, its European Affairs minister said on Monday, raising the stakes in a political battle over whether to put the plan to a referendum.
Stock futures down as Greek budget issues loom
Stock index futures fell on Monday as concerns grew about the state of Europe's finances as Greece and Germany sparred over budget measures for Athens.
Canon Earnings Outlook Falters, President Steps Down
Canon's 76-year-old chairman and CEO will take on the additional role of president after the $60 billion Japanese camera and printer maker forecast weak earnings growth and said its current president was stepping down.
Carrefour picks retail veteran for new turnaround bid
Carrefour , Europe's largest retailer, picked industry veteran Georges Plassat as its next boss, signaling key shareholders may back another attempt to fix its ailing hypermarkets rather than push for a break up.
Euro zone confidence improves, highlights divergence
Confidence in the euro zone's economy strengthened in January for the first time since early 2011, EU data showed on Monday, but a recovery in Germany masked a deterioration in France and Italy, highlighting the bloc's diverging fortunes.
Snoring Dormouse Becomes YouTube Sensation [VIDEO]
The latest footage, which was uploaded on the YouTube late in December 2011, has already been watched by nearly two million people.
Honda out to shake up market with first jet next year
Honda Motor Co <7267.T> expects to grab at least a quarter of the world market for small business jets soon after delivering its first aircraft next year, achieving the company's long-standing goal of taking to the skies, an executive said.
Optimism builds in euro zone economy, picture still mixed
Confidence in the euro zone's economy strengthened in January for the first time since early 2011, EU data showed on Monday, but a recovery in Germany masked a deterioration in France and Italy in a sign of the bloc's diverging fortunes.
Stock index futures signal early losses
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.7 percent, Dow Jones futures down 0.64 percent and Nasdaq 100 futures down 0.79 percent at 5:13 a.m. ET.
App provides behind-the-scenes look at Oscars
Movie fans don't need to wait until the red carpet is rolled out to get in on the excitement of this year's Academy Awards.
Sunlight ‘Can Boost Fertility’
Vitamin D, the sunshine vitamin, is vital in rebalancing female sex hormones and can also improve sperm count in men, a report in the Daily Mail, quoting a Medical University of Graz (Austria) study, noted.
China to make Shanghai global yuan hub by 2015
China intends to establish Shanghai as the global centre for yuan trading, clearing and pricing over the next three years as part of broader plans to make the commercial hub an international financial centre by 2020.
ECB's Makuch sees some recession risks: report
The euro zone could fall back into recession this year, an ECB Governing Council member said on Monday, adding the bank's non-standard measures were a significant funding and confidence boost.
SAP may license HANA to Oracle in future: co-CEO
SAP, the world's largest maker of business software, may license its HANA offering to main rival Oracle in the future, its co-chief executive told a German newspaper.