MARKETS / FINANCE

UBS N> could face lawsuits in the United States if the Swiss parliament fails to agree to a deal passing data on the bank's U.S. clients to U.S. tax authorities, Switzerland's finance minister said.

Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments broadcast on Sunday.

Europe's central bankers said on Saturday their governments had at best bought time with a $1 trillion rescue, and called for radical action to curb budget deficits and harsh punishments for those who strayed.

Google Inc said its fleet of cars responsible for photographing streets around the world have for several years accidentally collected personal information -- which a security expert said could include email messages and passwords -- sent by consumers over wireless networks.

The British economy is in a dire state and there will be difficult times ahead as the government takes action to tackle a record budget deficit, new finance minister George Osborne said.

The Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co , the Wall Street Journal reported on Saturday.

The chief economist for the World Bank said on Saturday that if China were to revalue its currency it would actually hurt rather than help the U.S. economy.

The chief economist for the World Bank said on Saturday that if China were to revalue its currency it would actually hurt rather than help the U.S. economy.

China should allow its currency to rise in order to help tamp down inflation, Singapore's finance minister said in a television interview.

The U.S. Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co , the Wall Street Journal reported on Saturday.

* Chavez says websites, money changers to be raided * Fitch says new rules may hurt macro and ratings * Foreign exchange market paralyzed after law reform (Adds Fitch growth warning, details)

Keeping interest rates low for a long time can create ripe conditions for dangerous asset price bubbles, a Federal Reserve official said in a Wall Street Journal interview published on Saturday.

Will it or won't it? That is the million dollar question haunting global bullion market analysts now. With Akshay Tritiya being celebrated in India on May 6, global bullion market is eagerly waiting for the response Indian buyers are about to give to the auspicious day. Akshay Tritiya is Indian Hindus' auspicious day to buy gold when Hindu families flock to jewellery shops to buy new ornaments. However, this time around bullion analysts in London and Singapore are skeptical about the response fr...

President Barack Obama on Saturday called for swift Senate action on a sweeping overhaul of Wall Street rules to secure America's economic future as a reform bill moves into the decisive stage next week.

Crude oil prices plunged nearly 4% on Friday and were off almost 20% from their 18-month high less than two weeks ago, as the euro continued to lose ground against the dollar and U.S. oil inventories continued to build.

A big mystery seller of futures contracts during the market meltdown last week was not a hedge fund or a high-frequency trader as many have suspected, but money manager Waddell & Reed Financial Inc, according to a document obtained by Reuters.

Goldman Sachs Group Inc and a consortium of other top banks are part of an effort to save ShoreBank Corp, a Chicago bank with Washington ties, a community activist close to the institution said on Friday.

Goldman Sachs Group Inc said it is setting up an internal committee to look at how the company deals with potential conflicts of interest and how it can better disclose what it does.

Stocks could face more volatility next week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again.

Google Inc said its fleet of cars responsible for photographing streets around the world have for several years accidentally collected personal information that consumers send over wireless networks.

Former Sun Microsystems Chief Executive Jonathan Schwartz is taking the high road after getting a public tongue lashing from Silicon Valley's richest man, Larry Ellison.

Stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.

When Jim Owens, the CEO of Caterpillar Inc , retires next month, it will mark the end of a long career bookended by corporate crises and displays of a tough-love approach to leadership and the company's workforce.

Retail sales rose and industrial production powered ahead in April, further evidence the economic recovery was strengthening and broadening out.

Stocks fell on Friday on a combination of retailers' weak earnings, Senate backing for limits on credit card fees and concerns over whether European countries can pay their public debt obligations.

Stocks fell on Friday on a combination of retailers' weak earnings, Senate backing for limits on credit card fees and concerns over whether European countries can pay their public debt obligations.

Google has proposed remedies to close an Italian antitrust probe into whether the Internet search giant coerced local newspapers into posting stories on its news website, the watchdog said on Friday.

Stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.

U.S. stocks fell, with the S&P 500 and Nasdaq off 2 percent or more on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.