Oil jumps to $68 on equities rally
Oil rose more than 2 percent to a seven-month high on Monday, extending its biggest monthly gain in a decade due to rallying stock markets and sustained expectations for a global economic recovery.
Public asked to help monitor life on earth
Scientists asked people around the world on Monday to help compile an Internet-based observatory of life on earth as a guide to everything from the impact of climate change on wildlife to pests that can damage crops.
British Internet talent star Boyle taken to clinic
British internet singing star Susan Boyle has been admitted to a private clinic after being beaten into second place in the final of the popular Britain's Got Talent television contest, British media reported.
China's economy stabilizing; export orders tick up
China's manufacturing sector continued to expand moderately in May as new export orders improved, two surveys showed on Monday, adding to tentative signs that the world's third-largest economy is stabilizing.
Talent star Boyle taken to clinic
Internet singing star Susan Boyle has been admitted to a private clinic after being beaten into second place in the final of the popular Britain's Got Talent television contest, media reported.
Chrysler gets judge's approval for asset sale
A U.S. bankruptcy judge on Sunday approved the sale of substantially all of U.S. automaker Chrysler's assets to a group led by Italy's Fiat SpA hours before an expected bankruptcy filing by General Motors Corp .
Sony to launch smaller, lighter PSP: game websites
Japan's Sony Corp plans to sell a smaller and lighter PlayStation Portable handheld game machine later this year, according to video game websites which cite what they say is Sony's own promotional video clip.
Bankruptcy judge clears Chrysler asset sale
A U.S. Bankruptcy Court judge approved the sale of substantially all of U.S. automaker Chrysler's assets to a group led by Italy's Fiat SpA hours before an expected bankruptcy filing by General Motors Corp .
GM to file for bankruptcy on Monday
General Motors Corp will file for bankruptcy on Monday, U.S. officials said, forcing the 100-year-old automaker once seen as a symbol of American economic might and dynamism into a new and uncertain era of government ownership.
Oil basks in equities' glow
Oil rose 1 percent to hit a fresh seven-month high on Monday as stock market optimism and sustained hope for a global economic recovery supported the market's best monthly gains in a decade.
Economy, environment muddle oil outlook
A global economic downturn, lower but lately rising oil prices and an aggressive U.S. environmental agenda have made for one of the most bewildering energy investment landscapes in decades.
Hedge funds worried Obama moves could backfire
U.S. government efforts to revive a sluggish economy have cheered markets since March, but some of the most successful investors around worry these moves may only make the bad times linger.
Geithner says U.S. committed to pull deficits down
U.S. Treasury Secretary Timothy Geithner, aiming to persuade China that its U.S. investments were safe, pledged that the Obama administration was firmly committed to ratcheting down huge deficits as quickly as it can once economic recovery is assured.
GM prepares for Monday bankruptcy filing
General Motors Corp and the U.S. government finalized plans for the battered company to reorganize, setting the stage for America's largest-ever industrial bankruptcy filing before markets open on Monday.
Can Government Motors succeed where GM failed?
General Motors Corp has tens of billions of dollars in government backing, a grudging labor peace and the support of its big bondholders as it gets ready for what is intended to be a swift dash through one of the biggest bankruptcy cases in U.S. history.
Oil rises near seven-month peak after best month this decade
Oil prices extended their rally to near their highest in seven months on Monday, as dollar weakness, stock market optimism and sustained hope for economic recovery supported the market's best monthly gains in a decade.
GM trundles toward bankruptcy, but questions remain
General Motors Corp and the U.S. government finalized plans for the battered company to reorganize, setting the stage for America's largest-ever industrial bankruptcy on Monday and heralding a new and uncertain era for the No. 1 U.S. automaker.
Africa's upwardly mobile money
To 28-year-old Kenyan Mary Wanjiku, her cell phone is not just a cell phone. It is also a cheap, safe and easy way of sending her mother $40.
GM plans Monday bankruptcy, liquidation czar: sources
General Motors Corp will file for bankruptcy protection before financial markets open Monday morning, sources with direct knowledge of the preparations said on Sunday.
Senators spar over remarks by top court nominee
Four key U.S. Senate Republicans on Sunday questioned past statements and legal decisions by Judge Sonia Sotomayor but stopped short of threatening to derail her nomination to the Supreme Court.
Obama speech to Muslims key to new U.S. strategy
President Barack Obama will try to repair America's tarnished image in the Muslim world on Thursday, as he looks to mobilize support for restarting Middle East peacemaking and thwarting Iran's nuclear ambitions.
GM closer to bankruptcy as bondholders smooth way
General Motors Corp and the U.S. government finalized plans on Sunday for the battered automaker to reorganize, as a majority of debtholders helped clear the way to a massive bankruptcy filing expected on Monday.
Diversity gobsmacked by UK TV talent show win
Street dance troupe Diversity said on Sunday it was still in shock after beating runaway favorite and Internet sensation Susan Boyle in the final of the popular Britain's Got Talent television contest.
Majority of GM bondholders agree to swap: source
A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday.
Nintendo to launch new version of Wii Fit: report
Nintendo Co Ltd plans to launch a new version of its Wii Fit home exercise game this autumn, aiming to help boost sluggish sales of its Wii console in Japan, the Nikkei business daily reported on Sunday.
Slowdown, shortages in focus at Computex
A shortage of electronic components such as chips and displays threatens to derail a nascent recovery in Asia's technology sector spurred by China's stimulus plan.
Slowdown, shortages in key components in focus at Computex
A shortage of electronic components such as chips and displays threatens to derail a nascent recovery in Asia's technology sector spurred by China's stimulus plan.
Nokia’s chief says main mobile players include Google, Microsoft, Apple and Samsung
Nokia’s chief executive says the mobile phone market’s main players include are Google, Microsoft, Apple and Samsung Electronics.
Global economy to recovery in early 2010: IMF chief
The head of the International Monetary Fund (IMF) predicted on Friday that the global economy recover early next year but said the financial system would still need to be monitored closely after that.
Dell seeks growth through acquisitions
Dell has plans to grow by acquire another company, a senior company said on Friday in a conference call with reporters, according to IDG News.