IBT Staff Reporter

Independent oil and gas company Delta Petroleum Corp said it is exploring strategic alternatives, including a possible sale of the company.

Investors braced for a 10 percent fall in United Arab Emirate stocks on Monday as the market reopens for the first time since Dubai called for a delay in repaying billions of dollars in debt, spooking global markets.

Leading Democrats on Sunday said they expect Congress to pass a major healthcare reform backed by President Barack Obama, but supporters may have to accept legislation that falls short on some issues.

Samsung Electronics, the world's No. 2 mobile phone maker, gave an upbeat forecast for 2009 mobile phone sales due to sharp growth in touchscreen models, but surging sales may not guarantee higher margins.

Retailers Protect Profits; Business at the White House; Beijing Auto's SAAB Option

Dubai's debt crisis could be China's opportunity to snap up gold and oil assets, a senior Chinese official said in remarks published on Monday.

Iran announced plans on Sunday to build 10 new uranium enrichment plants in a major expansion of its atomic program, just two days after the U.N. nuclear watchdog rebuked it for carrying out such work in secret.

John Demjanjuk, an 89-year-old former Nazi camp guard, is due to stand trial on Monday on charges of helping to force 27,900 Jews into gas chambers in 1943.

Thirty global financial institutions have been selected for cross-border supervision exercises by regulators, the Financial Times reported on Monday.

Beijing Automotive Industry Holding Corp might still be interested in buying General Motors' Saab unit, Wang Dazong, the Chinese car company's general manager, said on Monday.

Consumers spent significantly less per person at the start of the holiday season this weekend, dimming hopes for a retail comeback that would help propel the economy early in 2010.

Like many U.S. employers, Tish and Snooky Bellomo are asking their workers to take on additional duties, rather than hiring new employees, at their New York cosmetic and hair accessory company.

The 2008-09 Report on the Operation of the Aged Care Act 1997 tabled in Parliament today shows that the Rudd Government is delivering more funding for more aged care services to more older Australians.

Meng Ni and Fan Zhiqing said I do to each other in the same month that they said we do to their real estate agent.

Holiday shopping online hit a record for Black Friday, several days before the retail industry-coined Cyber Monday gets underway, as more consumers said they used the web to seek deals.

Barnes & Noble Inc said on Sunday it would delay shipments of its newly launched Nook electronic reader to stores as the company strives to deliver preordered devices to consumers before the holidays.

Holiday shoppers in the United States spent some $595 million online on Black Friday, up 11 percent from last year, with Amazon.com and Walmart.com the most visited sites, according to analytics firm comScore.

The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury's thinking said.

The Aussie dollar declined rapidly on Friday as concern in Asia over another blow out in credit spreads from a possible Dubai World debt default rocked the high yielders.

A group of noteholders of bankrupt regional theme park operator Six Flags Inc said on Sunday it submitted an alternative reorganization plan that transfers most of the equity to them.

Sales may have risen only slightly on Black Friday as U.S. shoppers sought deals on electronics, toys and clothes, but retailers appeared to have been better-prepared to protect margins against tepid results.

The United Arab Emirates offered banks emergency support on Sunday, the first steps to ease fears that a looming debt default by two of Dubai's flagship firms could derail the global economic recovery.

Sales may have risen only slightly on Black Friday as U.S. shoppers sought deals on electronics, toys and clothes, but retailers appeared to have been better-prepared to protect margins against tepid results.

The euro zone's top economic officials pressed China on Sunday to let the yuan resume its rise but said they were not counting on immediate results.

UAE markets will face intense selling pressure when they reopen on Monday in the first post-holiday trading after Dubai shocked global markets last week by seeking a debt standstill for two flagship firms.

Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market's path to glory is fraught with peril this week.

Banks who lent over $30 billion to Dubai World, the debt-laden state investment group, plan to appoint auditors KPMG to represent them in talks over recovering their money, the Independent on Sunday newspaper reported.

The United Arab Emirates' central bank set up an emergency facility on Sunday to support bank liquidity in the first policy response to Dubai's debt woes that threatened to paralyze lending and derail economic recovery.

The United Arab Emirates' central bank set up a facility on Sunday to support liquidity in the banking system Dubai's government sought to delay debt payments from two of its flagship firms, sending global markets lower.