Iran says $300,000 bail posted for French teacher
An Iranian prosecutor said on Monday a French teaching assistant charged with spying was freed on bail of about $300,000, media reported on Monday.
Gene predicts response to hepatitis C drugs: study
A slight difference in a person's genetic code could determine whether they respond to a grueling round of treatment for hepatitis C infection or not, U.S. researchers said on Sunday.
Indian PM says Pakistan groups planning new attacks
India's prime minister said on Monday there was credible information that Pakistan-based militant groups were planning fresh attacks on India.
Cellcom Q2 profit up boosted by value-added services
Telephone operator Cellcom Israel Ltd said it posted a forecast-beating rise in second-quarter net profit as an increase in content and value-added services offset a decline in roaming revenue from tourism.
IBM uses DNA to make next-gen microchips
International Business Machines Corp is looking to the building blocks of our bodies -- DNA -- to be the structure of next-generation microchips.
Global recovery concerns sink Wall Street
Stocks fell broadly on Monday as ongoing concerns about the speed of a global economic recovery were compounded by data from Japan, which showed that while the world's No.2 economy returned to growth, the recovery may be shaky.
North Korea reopens to South as economy weakens
North Korea said on Monday it would reopen its border with the South, ending a self-imposed 9-month blockade on a vital source of cash for its leaders as their ravaged economy is squeezed by tightening U.N. sanctions.
Japan's Asahi under pressure as rivals brew up merger
With two rivals set to merge, pressure is mounting on Japan's Asahi Breweries to be more aggressive on acquisitions and map out a clear growth path as its home market shrinks.
Obama to seek to rally support for Afghan war effort
President Barack Obama will seek to shore up U.S. public support for the war in Afghanistan on Monday just days before an Afghan presidential election widely seen as a major test of his revamped strategy.
RWE bids for stake in Polish utility ENEA: report
German utility RWE has submitted a bid for a 67 percent stake in Polish peer Enea, German paper Financial Times Deutschland reported, citing unidentified people in the financial industry.
Oil hits lowest this month on recovery jitters
Oil slipped toward $65 a barrel, its lowest this month, on Monday as investors became more cautious about the pace of global economic recovery and any revival in energy demand.
Down under, UBS stealing deals thunder
The Australian unit of Swiss bank UBS AG thriving, even as its parent struggles in the global financial crisis, and has earned a reputation for snatching deals from rivals and making a success of them.
Amcor seen near $2 billion deal for Rio packaging unit
Australian packaging group Amcor Ltd is set to raise about A$1.6 billion ($1.3 billion) in equity to help fund a purchase of Rio Tinto's Alcan packaging unit, sources said on Monday.
As CISA moves aside, China iron ore talk angst may ease
Despite unveiling a face-saving iron ore deal with Australia's Fortescue Metals Group on Monday, China's embattled steel industry body CISA seems to be ceding its grip on the levers of China's iron ore pricing talks.
U.S. videogame sales down 29 percent in July
U.S. videogame equipment and software sales fell 29 percent in July to $848.9 million, research group NPD said on Thursday, as the gaming industry limps through the economic downturn.
China's CIC to buy U.S. mortgages: sources
China's $200 billion sovereign wealth fund, which made big paper losses on stakes in Morgan Stanley and Blackstone, is set to invest up to $2 billion in U.S. mortgages as it eyes a property market recovery, two people with direct knowledge of the matter said on Monday.
TEXT-FED extends TALF to aid commercial property
The following is the text of a statement issued by the U.S. Federal Reserve and U.S. Treasury on Monday:
TomTom iPhone App Review Video
TomTom's much anticipated turn by turn app for the iPhone was released on Monday on iTunes for $99. The app uses the iPhone's built-in GPS chip to provide users with real-time navigation directions
Daily Outlook - August 17 - Energy
Crude oil futures declined to their lowest level in the entire month to below $66 per barrel on Monday on concerns over the economic recovery. Crude was trading down $1.42 at $66.09 per barrel in the New York Mercantile Exchange ahead of the opening of the market by 8:39 a.m. today.
Stock futures point lower as Japan data weighs
Stock index futures pointed to a steep fall at the open on Monday as global equities sold off after data from Japan showed that while the world's No. 2 economy returned to growth, a recovery may be shaky.
What recession? Economic crisis passes teens by: study
The world may be slowly emerging out of recession, but the global financial crisis appears to have gone unnoticed to a whole swathe of people: teenagers.
Time no barrier as Cropredy Fest rocks on and on
Simon Nicol, the last original member of folk rock band Fairport Convention, admits he's not into numbers, which may be why no one is quite sure what milestone just passed in this rural English village.
Multi-pronged career keeps guitarist Haynes busy
Singer/songwriter/guitarist Warren Haynes is rock 'n' roll's consummate jam band professional -- and these days, that isn't a contradiction in terms. A maverick on both the business and creative sides of his career, he handles duties as an integral player in the Allman Brothers Band and the Grateful Dead, as well as with his own hard-touring outfit, Gov't Mule, and occasionally finds time to engag...
Daily Outlook - August 17
Agilent to report, E-Commerce results, Lowe's results
Alien action film
Widow selling husband's tomb above Marilyn Monroe
An American widow is selling her husband's burial spot directly above film legend Marilyn Monroe so that she can pay off her mortgage.
Jay Farrar, Ben Gibbard pay tribute to Kerouac
In an ode to Beat author Jack Kerouac, alt-country musician Jay Farrar has teamed with Death Cab for Cutie's Ben Gibbard for a collaborative album,
Wall Street slightly pares losses after data
Stock futures slightly trimmed losses but still pointed to a steep drop at the open on Monday after a regional gauge of manufacturing suggested growth was returning to the sector.
Struggling Sony Ericsson taps new head
Sony Ericsson on Monday entrusted the head of Ericsson's U.S. technology division with the task of leading the struggling cellphone maker back to profit and reversing a sharp decline in market share.
Weinstein Co in dire need of a hit: NY Times
The Weinstein Co, founded by the two brothers behind some of the most iconic films of the past 20 years, are under pressure for one of their next movies to be a blockbuster, The New York Times reported on Sunday.