UK bank reform to cost up to $11 billion a year
Britain's banks should shield their retail operations from riskier investment banking units and boost capital levels to protect taxpayers from future crises, according to far-reaching proposals that could cost the industry 7 billion pounds ($11 billion) a year.
EU's Juncker says euro zone prepared to boost EFSF: report
The euro zone will do everything needed to defend the euro including if needed, increasing the size of the bloc's bailout fund, the EFSF, Eurogroup head Jean-Claude Juncker was quoted as saying on Monday.
Analysis: GM's Opel Facing Uncertain Future
Near the peak of General Motors Co's financial crisis, Opel workers laid a coffin at the feet of the brand's founder Adam Opel to mark what they considered the death of the brand.
Global Stocks Slide, Dollar Gains on Euro Zone Woes
European index futures tumbled on Monday, following a slide in Asian equities, and the euro slumped to a 10-year low against the yen after the resignation of a top European Central Bank official cast further doubt on the region's ability to tackle its worsening sovereign debt crisis.
Analysis: GM's Opel facing uncertain future
Near the peak of General Motors Co's financial crisis, Opel workers laid a coffin at the feet of the brand's founder Adam Opel to mark what they considered the death of the brand.
Analysis: Electric car hype hiding a quiet revolution
Electric cars and hybrids may be capturing headlines and the imagination of green-leaning consumers around the world as one automaker after another announces plans to push into the brave new world of fossil fuel-free mobility.
Asian stocks fall, dollar gains on Europe woes
Asian stocks slid on Monday and the euro sank to a 10-year low against the yen, after the resignation of a top German European Central Bank board member cast further doubt on the region's ability to tackle its worsening sovereign debt crisis.
U.S. Scientists Create Green-Glowing Cats That May Resist AIDS
Scientists have developed genetically modified cats that emit a green glow and have cells that fight the virus which causes feline AIDS.
Fed Scans Capital One-ING Online Banking Deal: WSJ
The Federal Reserve has quizzed Capital One Financial Corp to know whether the proposed purchase of ING Groep NV's U.S. online banking business would create a too big to fail institution, the Wall Street Journal said.
Japan big manufacturers' mood improves, outlook dims
Big Japanese manufacturers turned optimistic in the third quarter as output recovered swiftly after the March 11 earthquake and tsunami, but scaled back forecasts for the months ahead due to the yen's strength and a looming global slowdown, a Ministry of Finance survey showed.
Euro Slumps to 10-Year Low vs. Yen as Greece Worries Mount
The euro hit a six-month low against the dollar and a 10-year trough versus the yen, falling below key technical levels and option barriers on worries that the euro zone's support for Greece is wobbling and the country may be forced to default on its debt.
Euro slumps to 10-year low vs yen as Greece worries mount
The euro hit a six-month low against the dollar and a 10-year trough versus the yen, falling below key technical levels and option barriers on worries that the euro zone's support for Greece is wobbling and the country may be forced to default on its debt.
Leading Man of ‘Spartacus’ Actor Andy Whitfield Dies
Welsh actor, Andy Whitfield, lost his fight with non-Hodgkin Lymphoma and died on Sunday in Sydney, Australia.
Japan Manufacturing Mood Improves, Outlook Dims
Big Japanese manufacturers turned optimistic in the third quarter following a rapid recovery in output after the deadly March 11 earthquake and tsunami, but scaled back forecasts for the months ahead on the yen's strength and as global slowdown looms.
Japan big manufacturing mood improves, outlook dims
Big Japanese manufacturers turned optimistic in the third quarter following a rapid recovery in output after the deadly March 11 earthquake and tsunami, but scaled back forecasts for the months ahead on the yen's strength and as global slowdown looms.
Ben Stiller's Fake Trailer Project test ideas for movies
Ben Stiller's Fake Trailer Project, debuting soon on MTV.com, will serve as a petri dish for possible movies. If any of the dozen planned trailers catch on virally, Stiller and his partners may develop them into films.
Cranky Miss Blankenship takes Randee Heller to the Emmys
Randee Heller is walking the Emmy red carpet for the first time this year, but hoping that her many fans -- some of whom created a Facebook page in her honor -- won't recognize her.
Verizon Dividend Setback for Vodafone
Verizon Communications has dashed the hopes of Vodafone investors by ruling out a return to a recurring dividend from the two companies' mobile phone joint venture, called Verizon Wireless, the Financial Times reported on Monday.
'Contagion' takes hold of weekend box office
Deadly virus thriller Contagion caught on with filmgoers and easily took the top spot at the weekend box office in the United States and Canada, according to studio estimates compiled by Reuters on Sunday.
Pediatricians' group finds fault with SpongeBob
First it was the far right, which singled out the animated kids' series SpongeBob SquarePants for promoting pro-gay and global-warming-awareness agendas.
TV fans take in pre-show glitz at Creative Arts Emmys
Chaz Bono and Kristin Chenoweth were the top draws on the red carpet outside the Creative Arts Emmys on Saturday afternoon.
Does Global Warming Portend an Ice-Free Arctic Summer?
Reports about an Arctic summertime sans ice due to global warming and natural swings in regional wind patterns are quite alarming. The extent of summer sea ice in the Arctic Ocean reached a record low this week since satellite observations began in 1972, according to the University of Bremen's Institute of Environmental Physics.
World Bank to Invest in New Hedge Fund
The World Bank is investing in a hedge fund in order to help banks reduce capital that new rules will force them to set aside against loans to small companies in emerging markets, the Financial Times reported on Monday.
Euro extends losses, hits 10-year trough on yen
The euro got off to a rocky start in Asia on Monday, falling to fresh six-month lows against the greenback and a 10-year trough on the yen as downside momentum picked up pace after several key technical levels gave way recently.
FT: JPMorgan CEO Says Bank Rules 'Anti-American'
The United States should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, said in an interview with the Financial Times.
JPMorgan CEO says bank rules anti-American: FT
The United States should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, said in an interview with the Financial Times.
Crucial Italy austerity package enters home stretch
Italy's often revised 54-billion-euro austerity package enters the final stretch on Monday when cuts aimed at balancing the budget by 2013 go before the lower house of parliament, with approval due later in the week.
9/11 Anniversary: Skeptics Rally in New York
A group of nearly 100 protesters traveled to the financial district in New York City to protest what they believed was dishonesty from the U.S. government regarding the September 11, 2001 terrorist attack.
UK's Osborne says expects broad EU treaty change in 1-2 years
Europe could agree to broad changes to existing legislation within a year or two that would pave the way for greater fiscal integration of members of the euro zone, British finance minister George Osborne said.
Thousands Flock to WTC Site in Grief and Pride
Thousands of people journeyed to Lower Manhattan in New York City Sunday to commemorate the 10th anniversary of the Sept. 11, 2001 terrorist attack on the World Trade Center.