France, Germany to Propose New EU Treaty: Sarkozy
France and Germany have agreed on a series of reforms to address the Eurozone sovereign debt crisis that will be presented to EU President Herman Van Rompuy on Wednesday, French President Nicolas Sarkozy said after a meeting with German Chancellor Angela Merkel on Monday.
Italy would collapse without austerity plan: Monti
Italy would have collapsed without the government's tough new austerity package, Prime Minister Mario Monti said on Monday, saying his country ran the risk of a Greek-style emergency.
CFTC set to vote on rule opposed by MF Global
The futures regulator will vote on Monday on a rule that would put tighter limits on how brokerage firms can use customer funds, a measure now-bankrupt MF Global had encouraged the agency to delay.
MetLife sees 2012 growth, going back to Fed soon
MetLife expects operating earnings to rise as much as 7 percent in 2012, the largest life insurer in the United States said on Monday, though its forecasts for the fourth quarter and full-year 2011 were below expectations.
Stock futures advance on euro zone optimism
Stock indexes pointed to gains of about 1 percent at the open on Monday, building on the previous week's gains, as optimism grew that an upcoming European Union summit would break new ground to resolve the euro zone debt crisis.
Stock futures point to gains on euro zone summit optimism
Stock indexes pointed to gains of about 1 percent at the open on Monday, building on the previous week's gains, as optimism grew that an upcoming European Union summit would break new ground to resolve the euro zone debt crisis.
Lehman Brothers close to naming a new board: report
The bankruptcy estate of Lehman Brothers Holdings is close to naming a new board of directors to help finish winding down the collapsed financial firm, the Wall Street Journal said, citing people familiar with the matter.
RIM's Indonesia CEO to be charged over sale stampede
Blackberry manufacturer Research In Motion's Indonesia CEO will be charged with negligence after a sale last month of its smart phones turned into a stampede, police said on Monday.
Assange to fight extradition in top UK court
WikiLeaks founder Julian Assange, who is fighting extradition to Sweden, won the right on Monday to ask Britain's Supreme Court to hear his case, prolonging his stay in Britain.
Toyota to announce earnings forecast on Friday
Toyota Motor Corp <7203.T> will announce an earnings forecast on Friday for the financial year to March 2012, as it steadily restores production disrupted by Thai flooding that forced it to withdraw its outlook a month earlier.
MetLife expects 2012 growth, going back to Fed soon
MetLife expects operating earnings to rise as much as 7 percent in 2012, the largest life insurer in the United States said on Monday, though its forecasts for the fourth quarter and full-year 2011 were below expectations.
SAP to buy SuccessFactors for $3.4 Billion
Germany's SAP announced a $3.4 billion cash deal to buy U.S. Web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses.
Brokerages Cut RIM Price Targets on Profit Warning
At least four brokerages slashed their price targets on Research in Motion's U.S.-listed stock after the BlackBerry maker warned of lower profit amid falling sales and an inventory pile up of its PlayBook tablet.
Japan's Olympus hid up to $1.7 billion
An investigative panel has found Japan's disgraced Olympus Corp hid up to $1.67 billion in losses from its investors, but is likely to say there is no evidence of involvement by organized crime in the cover-up, a source said Monday.
UK stores see appy Christmas in the gloom
Mobile phone applications that allow online shopping on the move could give battered British retailers something to cheer about in what is otherwise set to be one of the toughest Christmas trading periods for years.
MetLife expects earnings to rise in 2012
MetLife expects operating earnings to rise as much as 7 percent in 2012, the largest life insurer in the United States said on Monday, though its forecasts for the fourth quarter and full-year 2011 were below expectations.
Analysis: India inches closer to crisis as rupee retreats
India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving the central bank with a difficult choice over how to make best use of its limited reserves to maintain the confidence of foreign investors.
Samsung up after Apple's bid to ban Galaxy rejected
Shares in Samsung Electronics Co Ltd rose more than 2 percent on Monday after Apple Inc's bid to halt U.S. sales of its Galaxy line of products was rejected, easing concern of slowing growth in its telecom business, which generates revenue of $13 billion per quarter.
Stock futures rise on euro zone summit optimism
Stock index futures rose on Monday, building on the previous week's strong gains, as optimism grew that the upcoming European Union summit would break new ground to resolve the euro zone debt crisis.
Greek haircut was a terrible mistake: ECB's Orphanides
NICOSIA, Dec 5Sources told Reuters at the weekend that Germany was prepared to soften language in the euro zone's permanent rescue fund that compels bondholders to accept losses in exchange for much stricter budget rules.
Futures signal higher Wall Street open
Stock index futures pointed to a higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.8-0.9 percent.
Zynga rival Nexon's Tokyo IPO set at $1.2 billion
Online gaming firm Nexon Co fixed the price for its $1.2 billion initial public offering on Monday at the mid-point of a pre-set range, following U.S.-based rival Zynga in settling for a more conservative valuation amid tough stock market conditions.
Troubled bank Dexia gets new financing lifeline
Crisis-hit Franco-Belgian bank Dexia has secured temporary financing guarantees from Belgium, France and Luxembourg to keep it running while the countries cement the bailout they put together in October.
Sarkozy, Merkel kick off week of euro crisis talks
French President Nicolas Sarkozy and German Chancellor Angela Merkel meet in Paris on Monday under pressure to align their positions on centralizing control of euro zone budgets to stem a debt crisis that threatens Europe's currency union.
U.S. Futures Signal Higher Wall Street Open
Stock index futures pointed to a higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.8-0.9 percent.
Dexia provisionally secures temporary guarantees
Franco-Belgian financial services group Dexia has provisionally secured temporary guarantees from Belgium, France and Luxembourg to cover its financing, which dried up before its second state bailout was agreed in October.
World stocks up as crucial euro zone week kicks off
World stocks rose and demand for German government bonds slipped on Monday as confidence grew European leaders would make big strides in solving the euro zone's debt crisis at a crucial summit this week.
World Stocks up as Crucial Week for Euro Kicks off
World stocks and demand for German government bonds rose on Monday as confidence grew European leaders would make big strides in solving the euro zone's debt crisis at a crucial summit this week.
Asian Stocks Firm on Eurozone Rescue Hopes
Asian shares and the euro steadied on Monday on hopes European leaders would agree on a definitive plan to solve the euro zone's debt crisis at a crucial summit this week, with sentiment also getting a lift from Italy unveiling austerity steps.
Asian stocks firm on euro zone rescue hopes
Asian shares and the euro steadied on Monday on hopes European leaders would agree on a definitive plan to solve the euro zone's debt crisis at a crucial summit this week, with sentiment also getting a lift from Italy unveiling austerity steps.
