UNITED STATES

Gold scaled a record high on a weak dollar and global stocks jumped on Monday after better-than-expected U.S. home sales data and rosy economic news in the euro zone bolstered appetite for riskier assets.

The Aussie dollar began the week on somewhat of a negative note with early Asian sellers pushing it down from the open of 0.9145 to a low near 91 cents. Support held however as local equity markets opened strongly and New Motor Vehicle Sales for the month of October increased by 3.7%. The AUD entered offshore exchange testing the 92 cent level finally consolidating gains above this level following an increase in risk appetite thanks mainly to upbeat European and U.S economic data. After topping ...

Indian Prime Minister Manmohan Singh said on Monday completing a 2005 U.S.-India nuclear cooperation deal would boost investment opportunities in his country, a hopeful sign for U.S. companies eyeing India's potential $150 billion market in power plants.

U.S. stocks snapped a three-day losing streak on Monday as stronger-than-expected home sales data fueled optimism while a weaker dollar boosted commodity-linked stocks.

Italy's Ferrero family is united in its decision to look at options for British confectioner Cadbury, a source close to the family told Reuters, after newspapers reported a potentially deal-breaking division.

Thousands of emails related to global warming from the Climate Research Unit at East Anglia University in the U.K were hacked into and posted online, with government representatives now calling for an independent inquiry into what is being dubbed, the Climategate.

China on Monday accused a U.S. congressional advisory panel of bias for a report in which it said the Chinese government appeared increasingly to be piercing U.S. computer networks to gather useful data for its military.

U.S. stocks rose on Monday, with the S&P 500 on track to snap a three-day sell-off as stronger-than-expected home sales data fueled optimism about the economic recovery while a weaker dollar boosted commodity-linked stocks.

U.S. stocks rose on Monday, with the S&P 500 on track to snap a three-day sell-off as stronger-than-expected home sales data fueled optimism about the economic recovery while a weaker dollar boosted commodity-linked stocks.

Gold scaled a record high at $1,173.50 an ounce on Monday as a weaker dollar boosted buying in gold as a hedge against depreciation of paper currencies.

The White House said on Monday it was reviewing options to spur economic activity and job creation, but stressed any action would be taken in the context of the fiscal challenges facing the country.

President Barack Obama on Monday added to his schedule an evening session with top advisers on Afghanistan as he closes in on a decision on whether to send thousands more U.S. troops.

Technology distributor Tech Data Corp posted better-than-expected quarterly results, helped in part by tighter cost controls, and forecast strong fourth-quarter revenue, sending its shares to a year-high.

President Barack Obama's December jobs forum may be better at serving his political need to show the White House cares about sky-high U.S. unemployment, than discovering new ways to cheaply boost economic growth.

The mixed financial results from solar companies portend more demand next year leading to better sales, signals that analysts think may cheer investors hoping for better days in 2010.

A World Bank study that cited Indonesia as the world's third-largest emitter of greenhouse gases was wrong, an Indonesian report sent to the United Nations on Monday said, although it did not provide its own ranking.

Sales of previously owned U.S. homes jumped last month to their highest level in more than 2-1/2 years, but a fall in an economic activity gauge was a reminder recovery from recession would be patchy.

Campbell Soup Co reported a higher-than-expected quarterly profit on Monday, helped by price increases and easing costs for ingredients including grains that offset a drop in sales.

(Corrects paragraph 3 to make clear that Campbell's soup sales, not overall sales, jumped 12 percent last year)

General Motors will present a plan to European governments to save struggling carmaker Opel within days, a rescue set to cost 3.3 billion euros ($4.9 billion), those involved in talks said on Monday.

U.S. stocks advanced on Monday, with the S&P 500 on track to snap a three-day sell-off, as a weak U.S. dollar and better-than-expected home sales data encouraged investors.