EU policy hopes lift stocks, euro
World stocks hit a 1-1/2 month high while the euro held near a one-month high on Monday after France and Germany said over the weekend they were making good progress on a plan to resolve the euro zone's debt crisis and recapitalize the region's banks.
Arsenal 2-1 Sunderland - Match Highlights [VIDEO]
Robin Van Persie quashed links to Manchester City with a committed performance for Arsenal, scoring both goals in their 2-1 win over Sunderland on Sunday.
Philips' TV deal at risk, plans 4,500 job cuts
Philips Electronics said it was considering its options should the sale of its TV business collapse as it reported plummeting third-quarter profits and little hope of a material improvement in the near term.
Euro Zone Eyes Yet Another 'Comprehensive Strategy'
A cloud of gloom hangs over Brussels ahead of yet another summit to thrash out yet another comprehensive strategy to tackle a sovereign debt crisis that Europe has failed for two years to stem, and that now threatens the world economy.
Wal-Mart says China CEO, another executive resign
Two executives of Wal-Mart Stores Inc's China operation, including its head, have resigned for personal reasons, the company said on Monday, the latest setback for the world's largest retailer in China where it has faced store closures and employee detentions.
Stocks Rise, Euro Steady After G20 Urges Action
European stock index futures rose 1 percent and the euro held near a 1-month high Monday after France and Germany said over the weekend they were making good progress on a plan to resolve the euro zone's debt crisis and recapitalize its banks.
Analysis: Euro zone eyes yet another comprehensive strategy
A cloud of gloom hangs over Brussels ahead of yet another summit to thrash out yet another comprehensive strategy to tackle a sovereign debt crisis that Europe has failed for two years to stem, and that now threatens the world economy.
Alaska woman joins protests with Occupy the Tundra banner
When Diane McEachern ventured out onto the foggy western Alaska tundra a week ago to show solidarity with the Occupy Wall Street movement, she had no idea her tiny demonstration would go viral.
O'Reilly, Letterman agree on Iraq and high-five
Occasional adversaries Bill O'Reilly and David Letterman found something to agree on during O'Reilly's Late Show appearance Thursday -- and even agreed to high-five.
Philips to cut 4,500 jobs as Q3 net falls
AMSTERDAM, Oct 17 - Philips Electronics said it will cut 4,500 jobs as it reported an 85 percent slump in third-quarter net profit on higher restructuring and raw material costs.
Dan Wheldon, British racing driver, 1978-2011
Dan Wheldon, who was killed in a fiery crash in Las Vegas Sunday, was one of Britain's most successful race car drivers and one of the rare few foreign drivers who made it big in the United States.
Indy 500 champion Dan Wheldon dies after crash
British IndyCar driver Dan Wheldon has died after a horrific 15-car crash at the Las Vegas Motor Speedway on Sunday which left the motor sports world in shock.
Silicon Valley, celebs pay tribute to Steve Jobs
Silicon Valley luminaries, politicians and celebrities were among the several hundred people at a private memorial service for late Apple Inc co-founder and tech visionary Steve Jobs on Sunday.
Obama likens civil rights to economy fight at memorial
President Barack Obama gave a partisan-tinged speech to dedicate a new memorial to Martin Luther King Jr., likening the battle for racial equality to his political struggles in a divided Washington.
Ford, UAW pact moves toward ratification
The United Auto Workers' tentative contract with Ford Motor Co looked assured of ratification on Sunday night after receiving overwhelming support at two major union locals, UAW officials said.
Wal-Mart says China CEO and another exec resign
Two executives of Wal-Mart Stores Inc's China operation, including its head, have resigned, the company said in a statement on Monday.
Rio Tinto retreats from aluminum, $8 billion of assets on block
Global miner Rio Tinto signaled a major retreat from its aluminum business on Monday, putting an estimated $8 billion worth of assets up for sale across six countries, only four years after buying aluminum giant Alcan for $38 billion.
Samsung Expands Drive to Ban Apple iPhone 4S Sales
Samsung Electronics Co Ltd said on Monday that it has filed preliminary injunction motions in Australia and Japan requesting the courts stop the sale of Apple Inc's iPhone 4S in an escalating legal battle between the two technology giants.
Olympus Shares Dive 22% as Fired CEO Accuses Board
Shares in Olympus Corp plunged 22 percent on Monday after media reports quoted its ousted chief executive as accusing the board of firing him for probing allegations of improper payments related to acquisitions.
Olympus shares dive 22 percent on corporate governance
Shares in Olympus Corp plunged 22 percent on Monday after media reports quoted its ousted chief executive as accusing the board of firing him for probing allegations of improper payments related to acquisitions.
Rio Tinto beats major retreat from aluminium business
Global miner Rio Tinto signaled a major retreat from its aluminum business on Monday, putting an estimated $8 billion worth of assets up for sale across six countries, only four years after buying aluminum giant Alcan for $38 billion.
Peltz wants changes at State Street
Billionaire investor Nelson Peltz's Trian Group called for change at custody bank State Street Corp and suggested the company should consider spinning off its investment management business in order to unlock value.
Citi may abandon EMI sale if unable to get higher offers: FT
Citigroup may abandon its attempt to sell EMI if the U.S. bank cannot squeeze higher offers from bidders, the Financial Times reported on Monday.
Reaction to the death of Dan Wheldon
The following is a selection of reaction from the world of motor sport to the death of Britain's Indianapolis 500 champion Dan Wheldon after a 15-car crash at the Las Vegas Indy 300 in Las Vegas on Sunday:
'The Walking Dead' A to Z: From Andrew Lincoln to, Duh, Zombies
Surviving a zombie apocalypse is complicated business, but watching a drama about a zombie apocalypse shouldn't be.
Lions roar no more as Packers remain top dog
The Detroit Lions suffered their first defeat of the National Football League season on Sunday, their 25-19 loss to the San Francisco 49ers leaving the Green Bay Packers as the only unbeaten team after six weeks of play.
Kinder Morgan to buy El Paso for $21 billion
Kinder Morgan Inc struck a $21 billion deal to buy rival El Paso Corp, combining the two largest natural gas pipeline operators in North America in a huge bet on the fast-growing market for that fuel.
Kevin Hart concert film passes $7 million at box office
Stand-up concert film Kevin Hart: Laugh at My Pain continued its extraordinary box-office run this weekend, passing $7 million in revenue since its September 9 release.
Oscar buzz: raves for Tintin; lights out for J. Edgar
Two of the season's previously-unseen awards contenders were unveiled over the last few days, but it's a lot easier to find reactions to Steven Spielberg's The Adventures of Tintin than Clint Eastwood's J. Edgar.
British driver Wheldon dies after Indy crash
British IndyCar driver Dan Wheldon died from injuries sustained in an horrific crash at the Las Vegas Motor Speedway on Sunday, race organisers said.
