INVESTMENT

UniCredit's Libyan shareholders are interested in taking part in the 7.5 billion euro rights issue the bank is planning to help shore up its balance sheet, Chairman Dieter Rampl said on Monday.

U.S. stocks tumbled on Monday, with the Dow turning negative for the year, as concerns about heavy debt loads both in the United States and Europe heightened worry about recession and increased volatility.

Partisan disagreement over the fate of the Bush-era tax cuts on the nation's top earners helped to undo the Congressional deficit reduction super committee, ensuring that debate about the cuts will figure heavily into the 2012 presidential contest.

Gold hurtled toward a one-month low Monday as fear that neither the U.S. nor Europe are able to tackle their sovereign debt problems drove investors to the dollar.

Teddy Forstmann, the 71-year-old beau of Top Chef host Padma Lakshmi, died of brain cancer on Sunday.

Gold prices tumbled below the psychologically significant $1,700 level Monday as fears that neither the U.S. nor Europe appear able to make progress on their sovereign debt problems drove investors to the dollar.

Hony Capital, one of China's most successful private equity funds, aims to raise up to $2.6 billion in a new fund, two sources said on Monday, in what is set to be the biggest ever dollar fundraising for a China-based firm.

A worsening economy will hurt Ontario's chances of meeting already long-term plans to balance its budget as it prepares for a fiscal update on Wednesday.

Silver mining company shares plunged Monday, in many cases falling more sharply than the broader stock market or the price of silver itself.

U.S. stocks dropped about 2 percent on Monday, putting the S&P on track for its fourth straight day of losses as concerns about heavy debt loads both domestically and abroad added uncertainty to a troubled market.

More people than ever are living with the AIDS virus but this is largely due to better access to drugs that keep HIV patients alive and well for many years, the United Nations AIDS program (UNAIDS) said on Monday.

Maruti Suzuki may not post growth in sales volume in the current fiscal year, its chairman said on Monday.

Theodore J. Forstmann, better known as Ted Forstmann, the co-founder of private equity firm Forstmann Little & Company and Chief Executive Officer (CEO) of the International Management Group (IMG) died on Sunday, of brain cancer. The 71-year-old private equity investor and philanthropist had been battling the illness for six months.

When some bankers arrived late for work at Bank of America-Merrill Lynch's Asia headquarters in Hong Kong earlier this year, they found a Post-It note on their computer screens.

Gold fell by more than one percent on Monday, swept lower by a firm dollar and falls in other financial markets as worries deepened about government debt in Europe and the U.S.

Larsen and Toubro, India's biggest engineering conglomerate, is targeting overseas revenue growth as part of a strategy to beat a slowdown in Asia's third-largest economy.

Gold traded steady on Monday after its biggest weekly loss since September, as investors remained cautious even after Spain's center-right opposition won a landslide victory in the election and is expected to launch drastic austerity measures.

Myanmar democracy leader Aung San Suu Kyi will run in a parliamentary by-election expected by the end of the year, a top party official said Monday, giving legitimacy to moves toward democracy after decades of military rule.

When some bankers arrived late for work at Bank of America-Merrill Lynch's Asia headquarters in Hong Kong earlier this year, they found a Post-It note on their computer screens.

If rumors are to be believed, Arsenal boss Arsene Wenger is set to leave the North London club and his preferred destination, in all probability, will be France’s Ligue 1 side and current league leaders Paris Saint-Germain (PSG) as the club is looking forward to invest big money for Wenger.

Chinese Vice-Premier Wang Qishan warned Monday that the global economy remains in a grim state and that an unbalanced recovery might be the best option, at talks where senior U.S. officials warned of a souring mood at home toward China.