E.ON

European shares edged higher on Monday after making their biggest annual fall since 2008, with trading light due to British markets being shut for a bank holiday and defensive safe haven stocks the main performers on the index.

Germany's largest utility E.On has recruited Goldman Sachs to run a sale of its gas distribution network in a move that could raise up to 2.5 billion euros to help pay down its debts, the Financial Times reported on Sunday.

American pop star, Lady Gaga, has released her latest music video, Marry the Night. This is also her directorial debut.

German auto manufacturer Audi has currently over 20 units of the Audi A1 e-tron on the roads of Munich for a pilot run.

Tsunami debris from the earthquake that struck Japan in March is heading straight for the West Coast, though the 20 million pounds of debris will not likely hit the U.S. for two to three years, scientists say.

The Kardashians have done it again. Within the next two years, reports a representative to Women's Wear Daily, the family may very well have a billion dollar empire at their feet.

Kris Humphries almost lost his wedding ring while going through a routine security check in airport, just weeks after tying the knot with Kim Kardashian.

RWE's future leadership was up in the air on Monday as supervisory board members clashed over who should succeed Chief Executive Juergen Grossmann, two people familiar with the matter said.

Google Inc. on Wednesday kicked off the fourth annual Doodle 4 Google contest, a competition that calls on K-12 students in the U.S. to think big and redesign Google's homepage logo, inspired by the theme 'What I'd like to do someday...'

HP has bagged a five-year $1.4 billion technology infrastructure outsourcing deal with German utility giant E.ON.

Russia's Nord Stream gas pipeline project received a boost Monday as Germany issued permission for the construction in its exclusive economic zone. The permission was issued by Germany's Federal Maritime and Hydrographic Agency in Hamburg. Earlier, Germany permitted the construction of the Nord Stream gas pipeline in its territorial wasters.

German power plant capacity reported by 26 utility companies to energy exchange EEX is likely to rise by 0.9 percent to 69,543 megawatts in the seven days to Dec. 18, data from EEX showed on Friday.

Russia's Gazprom, the world's largest gas company, is set for a rare victory in the quest to expand its foothold in western Europe.

Foreign utilities and investors such as CEZ or Macquarie face another setback in the lucrative German power market, this time beaten by an eastern German city.

Environmentalists campaigning against climate change said on Monday they would attempt to shut down German utility E.ON's power station at Ratcliffe in central England in a mass action planned for October.

President Dmitry Medvedev will defend a Russia-backed deal to buy German car maker Opel and seek more support for the Nord Stream gas pipeline project when he visits Munich on Thursday, a top Kremlin aide said.

The United States may become the largest market for renewable energy for E.ON, the world's largest utility by sales, within six years, the head of the company's green energy unit told Reuters in an interview.

German energy company E.ON has said it may be in the running for a possible takeover of nuclear power company British Energy. British Energy has become a takeover target thanks to its struggle with rising costs, which forced the company to close a number of its plants last year.

Gazprom and Italian oil firm Eni unveiled a plan on Saturday for a big new pipeline to take Russian gas under the Black Sea to Europe, undermining an earlier plan to extend a Turkish route.