Lawyers set to square off over Michael Jackson estate
Lawyers for Michael Jackson and his family on Sunday prepared to square off in a courtroom hearing over control of the singer's estate as media reports mounted about powerful drugs that may have contributed to his death.
Michael Jackson fans await details of memorial
Details of Michael Jackson's public memorial remained under wraps on Sunday as Los Angeles police braced for a huge crowd of fans expected to turn out and again warned those without tickets to stay away.
Nokia denies plans phone running Google's Android
The world's top cellphone maker Nokia said on Monday it was not working on introducing a phone running on Google's Android operating system.
British spy chief's cover blown on Facebook
The wife of the new head of Britain's spy agency has posted pictures of her husband, family and friends on Internet networking site Facebook, details which could compromise security, a newspaper said on Sunday.
China tightens Web screws after Xinjiang riot
China clamped down on the Internet in the capital of China's northwestern region of Xinjiang on Monday, in the hope of stemming the flow of information about ethnic unrest which left 140 people dead.
Oldest Bible made whole again online
The surviving parts of the world's oldest Bible were reunited online Monday, generating excitement among scholars striving to unlock its mysteries.
Rio sells American food packaging assets for $1.2 billion
Global miner Rio Tinto further improved its cash position on Monday by agreeing to sell its Americas food packaging business for $1.2 billion, and analysts said they expected more asset sales to follow soon.
Futures point to lower open on oil, recovery jitters
U.S. stock index futures pointed to a lower open on Monday with a slide in oil prices set to weigh on energy shares and as investors remained anxious about the potential strength of the economic recovery.
Brave post-Lehman M&A rewarded by market: study
Stock markets rewarded companies such as Johnson & Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released on Monday showed.
Samsung sees strong earnings, shares jump
South Korea's Samsung Electronics , the world's top maker of memory chips and flat screen TVs, forecast second-quarter earnings well above market estimates, driving its shares up more than 4 percent on Monday.
Daily News Outlook - July 6
Here are notable events in the world of business and politics the week of July 6:
Oil falls to around $64 a barrel
Oil fell to around $64 a barrel on Monday and touched a five-week low, pressured by doubts over the prospects for a global economic recovery.
Oldest Christian Bible made whole again online
The surviving parts of the world's oldest Christian Bible will be reunited online on Monday, generating excitement among biblical scholars still striving to unlock its mysteries.
China officials call for displacing dollar, in time
The financial crisis has laid bare defects in the dollar-led global economy and the world should look to displace the U.S. currency, even if that will take many years, Chinese officials said in comments published on Monday.
Oil falls to near $64 on dollar, equities
Oil fell to a five-week low toward $64 a barrel on Monday, pressured by doubts over the prospects of an early global economic recovery and a firmer dollar.
India ups spending to spur growth, deficit hits markets
India said its fiscal deficit would widen as it increases spending on infrastructure and help for farmers, disappointing investors who had hoped the new government would use its strong re-election mandate to usher in a wave of pro-market reforms. Stocks fell 5 percent and bond yields spiked after Finance Minister Pranab Mukherjee, sticking to the ruling Congress party's theme of inclusive growt...
Stock futures signal losses as oil tumbles
Stock futures pointed to a lower open on Wall Street on Monday following a long weekend, as oil tumbled nearly $3 a barrel on mounting doubts over a quick economic recovery.
Oil falls towards $64 on economic gloom
Oil fell to a five-week low near $64 a barrel on Monday, pressured by doubts over the prospects of an early global economic recovery and a firmer dollar.
Asia stocks slip as safety favored
Markets got off to a hesitant start Monday as investor doubts on the staying power of a global recovery kept Asian stocks soggy and currencies subdued ahead of a much-expanded Group of Eight meeting this week.
Rio Tinto sells food packaging assets for $1.2 billion
Global miner Rio Tinto agreed on Monday to sell its Americas food-packaging assets for $1.2 billion to packaging group Bemis Co Inc , raising yet more much-needed cash for the indebted miner.
Caution rules on world economy before G8
Markets got off to a hesitant start Monday as investor doubts on the staying power of a global recovery kept Asian stocks soggy and currencies subdued ahead of a much-expanded Group of Eight meeting this week.
Judge approves plan to sell GM assets
A U.S. judge on Sunday approved General Motors Corp's bankruptcy sale, in a move that will allow the company's most profitable assets to exit bankruptcy protection under government ownership.
Judge approves plan to sell GM assets: report
A judge in a federal bankruptcy court in Manhattan late on Sunday approved a plan by General Motors to sell its best assets to a new, government-backed company, The New York Times reported.
Judge approves GM assets sale
A U.S. judge on Sunday approved General Motors Corp's bankruptcy sale, in a move that will allow the company's most profitable assets to exit bankruptcy protection under government ownership.
Yemenia jet black box signals detected
Search teams for the for the Yemenia air crash have detected the signal beacons from the two flight recorders of the jet that plunged into the Indian Ocean last Monday.
Rio Tinto sells food packaging assets for $1.2 bln
Global miner Rio Tinto agreed on Monday to sell its Americas food-packaging assets for $1.2 billion to packaging group Bemis Co Inc , raising yet more much-needed cash for the indebted miner.
Michael Jackson medical history investigated
On Sunday, a judge signed search warrants to help determine whether drugs played a role in the death of the King of pop.
Winners of the Michael Jackson memorial tickets notified
Approximately 1.6 million Michael Jackson fans hoping to get a chance to attend the King of pop's memorial service registered online for a chance to get picked and out of this only 8,750 lucky winners were drawn with winners being notified on Sunday afternoon.
Michael Jackson drug reports prompt doctors' warning
Media reports about possible drug use by pop star Michael Jackson the day he died prompted a warning from anesthesiologists on Sunday, as lawyers prepared to square-off in a courtroom battle over his estate.
Jackson fans await details of memorial
Details of Michael Jackson's public memorial remained under wraps on Sunday as Los Angeles police braced for a huge crowd of fans expected to turn out and again warned those without tickets to stay away.