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Google should defend trademark suit: appeals court

Google Inc should defend a trademark lawsuit by Rescuecom Corp over advertisements linked to keyword searches, a U.S. appeals court ruled on Friday.

Oil falls below $51 as stock rally sputters

Oil prices fell below $51 a barrel on Monday as stock markets sputtered, erasing early gains on expectations that rich nations' efforts to stimulate their economies may help end the global downturn sooner than expected.

PayPal, Visa rival gets $42 million from Goldman

Revolution Money, an online payment firm backed by AOL co-founder Steve Case, said on Monday it has received funding of $42 million from a group that includes a Goldman Sachs affiliate and earlier investors Citigroup and Morgan Stanley .

Iran criticizes Obama, calls on U.S. to scrap nuclear arms

Iran criticized on Monday U.S. President Barack Obama for saying Tehran posed a threat with its nuclear program and urged Washington and other countries possessing atom weapons to dismantle their arsenals.

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Court okays Saab restructuring, sale seen soon

A Swedish local court on Monday granted General Motors' loss-making unit Saab an extension of the period it is protected from creditors, giving it further time to restructure.

GM CEO Henderson says bankruptcy not inevitable

Bankruptcy is not inevitable for General Motors Corp, said the automaker's new chief executive on Sunday, who is under White House orders to win more concessions from bondholders and unionized workers.

Oil rises on expectations downturn moderating

Oil prices rose above $53 per barrel on Monday, buoyed by expectations that rich nations' efforts to stimulate their economies may help end the global downturn sooner than expected.

HSBC shares climb after strong cashcall demand

HSBC shares rose over 4 percent on Monday after its massive 12.9 billion pound ($18.9 billion) rights issue received a robust response from investors.

Asian shares rally to 6-month highs

Asian shares climbed to a six-month high on Monday, as hopes that the global economic downturn is nearing its bottom spur demand for riskier assets while hitting the yen and safe-haven government bonds.

GM's Saab seeks debt write-down to boost cash flow

The court-appointed administrator of GM's Saab said on Monday the carmaker was seeking to write off about three quarters of its non-prioritized debt to help it reach a positive cash flow in 2011.

HSBC shares climb after cash call

Shares of HSBC jumped more than 4 percent on Monday to five-week highs after its massive rights issue received a robust response from investors.

PayPal, Visa rival gets $42 mln from Goldman

HSBC shares climb after strong response to cash call

Shares of HSBC jumped more than 4 percent on Monday to five-week highs after its massive rights issue received a robust response from investors.

Oil gains more than $1 on U.S. economy optimism

U.S. crude oil futures on Monday gained more than $1 from the previous close as weak U.S. jobs data did little to dampen investors' improved appetite for risk and their expectation of a global economic recovery.

Asian shares rally to 6-month high

Geithner says U.S. could replace management at banks

Treasury Secretary Timothy Geithner said Sunday that banks needing ‘exceptional’ U.S. aid may be forced to make management and board changes.

Surging syrup prices bring boom time for maple

This season's $60 a gallon price tag on maple syrup makes for one expensive pancake breakfast, but it's a windfall for those who coax it out of trees.

U.N. divided over North Korea rocket launch

North Korea fired a long-range rocket on Sunday, provoking international outrage, but a divided U.N. Security Council failed at an emergency meeting to agree on a reaction to Pyongyang's defiant move.

Geithner denies White House sidestepping CEO pay limits

U.S. Treasury Secretary Timothy Geithner denied on Sunday the Obama administration was crafting bailout initiatives to allow companies to evade limits on executive pay and other restrictions imposed by Congress.

State pension funds weigh toxic assets: report

Representatives from at least 15 U.S. states discussed with a federal regulator the possibility of using their pension funds to buy troubled loans and securities, or toxic assets, the Bergen County Record in New Jersey reported.

Optimism may extend rally in short week

U.S. stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.

AT&T labor contracts expire without agreement, talks to continue

AT&T Inc said on Sunday that the company is continuing negotiations with a labor union after five labor contracts covering more than 80,000 of its workers expired on April 4.

HSBC gets 96.6 percent demand for rights issue

HSBC investors bought 96.6 percent of the shares offered in its record 12.9 billion pound ($18.9 billion) rights issue, Europe's biggest bank said on Sunday.

UBS introduces worldwide travel ban in wealth management

Switzerland's UBS , the world's largest wealth management company in terms of assets, has issued a worldwide travel ban for wealth management client advisors, a spokeswoman said.

HSBC gets 96.6 percent demand for $19 billion rights issue

HSBC investors bought 96.6 percent of the shares offered in its record 12.9 billion pound ($18.9 billion) rights issue, Europe's biggest bank said on Sunday.

Wall St Week Ahead: Optimism may extend rally in short week

U.S. stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.

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