UNITED STATES

Rich Americans who have evaded taxes by hiding foreign holdings have about a week to turn themselves in to an Internal Revenue Service amnesty program or gamble they will not be caught.

Rich Americans who have evaded taxes by hiding their foreign holdings have about a week to decide whether to turn themselves in to an Internal Revenue Service amnesty program or gamble that they will not be caught.

Direct Edge's applications to operate two stock exchanges appeared for public comment on the U.S. Securities and Exchange Commission's web site on Monday, bringing the privately held alternative venue a step closer to becoming a formal exchange operator.

U.S. stocks were little changed on Monday after the United States imposed special duties on Chinese tires, raising investors' concerns about trade friction between the two economic powers.

The dollar fell against the euro on Monday, erasing earlier gains, as investors looked past a United States versus China trade dispute and took on more risk. U.S. stocks pared losses .N, illustrating higher risk appetite and reducing safe haven demand for the dollar, as investors stuck to the theme of recent months of changes in risk tolerance driving dollar action.

Wall Street slipped on Monday as a decision by the United States to impose special duties on Chinese tires sparked concerns of an escalating trade dispute.

Wall Street slipped on Monday as a decision by the United States to impose special duties on Chinese tires sparked concerns of an escalating trade dispute.

U.S. President Barack Obama, marking a year since Lehman Brothers collapsed, urged financial firms on Monday not to fight regulatory reform and urged Congress to pass his proposals by the end of the year.

U.S. telecom equipment maker Avaya Inc has emerged as the successful bidder at a bankruptcy auction for the Nortel Networks Corp unit that builds corporate networks, and will pay $900 million for the business.

President Obama is at Wall Street today to speak from Federal Hall to mark one year after the collapse of Lehman Brothers and to breathe new life into efforts to overhaul the financial regulatory system.

Rio Tinto, the world's second-largest miner, is to sell a 56 percent stake in the cable division of its Alcan Engineered Products unit to U.S. investment firm Platinum Equity for an undisclosed sum.

Kuwait has signed a $2.65 billion contract with General Electric Co and Hyundai Heavy Industries to build and operate a power plant in the north of the country, General Electric said.

Indian rubber consumption in the year to April 2010 is seen at 881,000 tonnes, slightly higher than the previous estimate of 875,000 tonnes helped by higher demand for automobiles, the country's Rubber Board said.

U.S. telecom equipment maker Avaya Inc has emerged as the successful bidder at a bankruptcy auction for a Nortel Networks Corp unit that builds corporate networks, and will pay $900 million for the business.

Dili's gleaming new Presidential Palace and Foreign Ministry, gifts from China, stand in stark contrast to nearby burned-out buildings and are symbols of how the energy-hungry superpower is growing closer to tiny, oil-rich East Timor.

Canon Inc said it will start providing its latest multi-functional printer models to Hewlett-Packard later this year, broadening the long-running partnership between the companies.

Prime Minister Benjamin Netanyahu said on Monday Israel would not freeze all building in West Bank settlements as demanded by Washington but could limit its scope to help to restart peace talks with the Palestinians.

Iran and world powers seeking to resolve a dispute over Tehran's nuclear program will start talks on October 1, in what a senior U.S. official described as an important first step.

Al Qaeda leader Osama bin Laden warned the American people over their government's close ties with Israel in an apparently new audio tape posted on an Islamist website on Monday.

Three Britons were jailed for life on Monday for plotting a terrorist outrage on the scale of the September 11 attacks by blowing up transatlantic airliners bound for North America using bombs made from liquid explosives.

A year ago, Barclays and Nomura were preparing to dismember the carcass of recently-deceased Lehman Brothers. Twelve months seems a good time to ask: who got the tastier meal?