UNITED STATES

Wall Street stocks eased on Monday after data showing a decline in European private sector activity last month and a reduced target for China growth gave investors reason to pause.

American International Group, Inc. (NYSE:AIG) tagged Hong Kong investors in its Asian unit with a nasty surprise Sunday evening, announcing it will be selling a substantial amount of its stake in the subsidiary at a discount -- a move that will hurt current stockholders in the concern. AIG is pursuing the action in order to raise $6 billion, a small amount of the $182.3 billion bailout it received from the U.S. government in 2008 and is still to pay back in full.

Daylight Savings Time is approaching. Here is all the information you need to know for when to turn clocks forward for the new spring time change.

As of Sunday, seven companies have pulled their advertisements from Limbaugh's radio show after the conservative commentator called a Georgetown law student a prostitute and insisted she post online sex videos if she wanted free contraceptive coverage.

Last year, Nintendo launched its latest portable gaming device -- the 3DS, though it slipped on sales initially however eventually, it became the company's fastest-selling DS console till present. Further, last week during Mobile World Congress (MWC) 2012, Sony Computer Entertainment announced the official launch of its PSP successor - Sony PS Vita.

The U.S. authority has filed papers for extradition of Megaupload Founder Kim Dotcom and his three accomplices.

Stock index futures eased on Monday after data showing a decline in European private sector activity last month and a lower target for China growth gave investors reason to pause.

Gold prices slid below $1,700 an ounce in Europe on Monday as weaker-than-expected euro zone economic data lifted the dollar versus the euro, and as appetite for assets seen as higher risk, like stocks and commodities, suffered after China set its lowest annual growth target in eight years.

Stock index futures fell on Monday after data showed Europe's private sector activity declined last month and China cut its growth target, reigniting concerns about the strength of the global economy.

Pakistani model and actress Veena Malik, who was recently in the news for a controversy over her nude image on FHM magazine cover, says she is uncomfortable in stripping for a film.

A U.S. senator has called on the Federal Trade Commission to initiate an investigation subsequent to reports that applications on the Apple and Google mobile systems are violating privacy of users, according to a report.

Iran's biggest Indian oil client, Mangalore Refinery and Petrochemicals Ltd , plans to cut its annual import deal with Tehran by as much as 44 percent to 80,000 barrels per day in 2012/13, two sources said, as western sanctions make trade more difficult.

Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority as Beijing looks to wean the economy off its reliance on external demand and foreign capital.

The Republican presidential race is entering a decisive phase on Tuesday with 10 states holding their primaries or caucuses on the day. The topsy-turvy GOP race so far couldn't zero in a candidate to fight President Obama in the November elections.Though traditionally Super Tuesday is considered as the defining day for the presidential primaries, neck and neck competition between the GOP presidential candidates this year apparently will push the battle beyond the D-day.

Republican presidential frontrunner Mitt Romney has said that Iran will acquire a nuclear bomb if President Obama is re-elected.

American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.

Asian stock markets declined Monday as concerns over the impact of a slowing Chinese economy and tough speech by U.S. President Barack Obama over Iran nuclear program weighed on the sentiment.

Shares in BP rose over 2 percent on Monday after the oil giant reached a settlement with businesses and individuals impacted by the Gulf of Mexico oil spill worth an estimated $7.8 billion.

Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority as Beijing looks to wean the economy off its reliance on external demand and foreign capital.

The U.S. Federal prosecutors have filed papers in New Zealand seeking the extradition of Megaupload founder Kim Dotcom and three of his colleagues who are accused of criminal copyright violations.

Shares in BP are expected to rise 5-9 percent on Monday after the oil giant reached a settlement with businesses and individuals impacted by the Gulf of Mexico oil spill worth an estimated $7.8 billion.