The stock market is struggling on Monday despite reassuring news from China, Europe, and AIG.
A Web application that alerts wine grape farmers when their vines are thirsty has won first place in a competition to spur entrepreneurs in the investment-starved water sector, organizers said on Monday.
AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a $182.3 billion U.S. government bailout.
International development banks must finance civilian nuclear projects to help emerging nations build energy plants, French President Nicolas Sarkozy said on Monday, laying out ambitious plans to develop the industry.
AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, in its second major asset sale in a week to repay the U.S. government billions of bailout money.
Kraft Foods Inc is being investigated by U.K. regulators on whether the company misled employees and investors in its battle to take over British firm Cadbury.
AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15.5 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.
AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for more than $15 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.
The Australian Dollar has managed to hang onto its recent gains and opens the new week at 0.9060.
Iceland's government pledged on Sunday to restart talks and swiftly reach a new debt accord with Britain and Netherlands, a day after Icelanders crushed in a referendum the previous $5 billion Icesave deal.
Britain is prepared to be flexible in reaching a solution with Iceland to repay debts, finance minister Alistair Darling said on Sunday, adding it would take many, many years for Britain to be reimbursed.
Toyota Motor Corp could freeze new car launches this year if it is not satisfied the accelerator problem that forced a mass recall of its vehicles has been solved.
The United States and Britain are threatening to withhold support for a $3.75 billion World Bank loan for a coal-fired plant in South Africa, expanding the battleground in the global debate over who should pay for clean energy.
Prudential Plc CEO Tidjane Thiam will attempt to charm leading shareholders on Monday, moving to quell disquiet over the British insurer's $35.5 billion bid for AIA, the Asian arm of American International Group , the Financial Times reported on its website.
Icelandic voters vented their fury on Saturday at the bankers and politicians who ruined the economy, overwhelmingly rejecting a $5 billion deal to repay debts to Britain and the Netherlands.
Icelandic voters overwhelmingly rejected a $5 billion deal on Saturday to repay debts to Britain and the Netherlands, according to partial official results.
Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding No set to delay foreign aid, hopes for economic recovery and possibly EU aspirations.
Icelanders vote in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding No set to further delay foreign aid and hopes for economic recovery.
China is pushing for the yuan to be added to the basket of currencies that comprise the IMF's special drawing rights, aiming for its inclusion in 2015, Japanese daily Sankei Shimbun said on Saturday.
Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets later in the month, easing concerns that manufacturing constraints could delay launch.
Sarah Ferguson, the Duchess of York, announced plans on Friday to deploy an army of mothers worldwide as part of an Internet-based network to connect women in need with people ready to help.
Hewlett-Packard Co said it has lowered its first-quarter results by 3 cents a share as a result of years-old litigation involving EDS, which the company bought in 2008.