Phibro in talks to part with Citigroup: report
Andrew Hall, the trader behind Phibro LLC, the energy trading arm of beleaguered bank Citigroup , is quietly pushing for a quiet divorce from his parent company and has had preliminary talks with one possible suitor, The New York Times reported on Sunday.
Phelps wins 5th Gold of Swimming Championships in Relay
The records fell like dominoes at the swimming championships in Rome this year, as Michael Phelps of the U.S. added to his already gilded career with five gold medals, the most at the competition.
Mexico's July elections results mean stalemate for economic decisions: Economist
The results of Mexico's July elections, where President Felipe Calderon lost support in Congress, don't bode well for taking steps that will fix Mexico's economy, according to economist Rogelio Ramirez de la O.
Daily Wrap Up - August 2
'Clunkers' Hope, Housing's Double Dip? Stocks Watch
SSE to miss out on government wind subsidies-paper
Scottish & Southern Energy will miss out on renewable energy subsidies worth more than half a billion pounds because it put in an order for equipment too early, according to a report in the Times.
Saudi/Shell JV says 2 Empty Quarter zones give gas
A Royal Dutch Shell and Saudi Aramco joint venture said on Sunday that gas from two zones under exploration in the kingdom's Empty Quarter flowed at a combined rate of 90 million cubic feet per day.
The top movies at the North American box office
Following are the top 10 films at the North American box office for the three-day weekend beginning on July 31, led by the new comedy Funny People, according to studio estimates compiled on Sunday by Reuters.
Ricoh looks cheap after acquisitions -Barron's
Ricoh Co Ltd (7752.T) shares could be undervalued as investors overlook the benefits of two healthy acquisitions that could help the stock rise 30 percent over the next year, Barron's reported.
Vivendi is a cheap bet for steady growth-Barron's
French media and telecoms giant Vivendi (VIV.PA) is an inexpensive bet for investors looking for steady growth and a healthy dividend, Barron's reported.
Clunker trade-ins to boost July auto sales
The punishing four-year decline in U.S. auto sales may have reached a turning point this week -- just as Michael Papa handed over the keys to his 1996 Ford Explorer for a government-sponsored trade-in.
Ford to post U.S. sales rise in July from year-ago
Ford Motor Co will report its U.S. sales for July rose from a year ago on a late-month surge under the federal government's Cash for Clunkers incentive program, senior U.S. executives said on Sunday.
Obama officials eye more jobless aid, weigh taxes
Top U.S. officials said on Sunday it may be necessary to extend jobless benefits to firm up an economic recovery unlikely to create jobs until next year and declined to rule out future tax increases to tame massive budget deficits.
Head of English Catholics warns about emails/texting
The head of the Roman Catholic Church in England and Wales is concerned that excessive use of emails and mobile phone text messaging is creating shallow friendships and undermining community life, according to an interview published on Sunday.
Aquino's family declines state funeral offer
The youngest daughter of former Philippine president Corazon Aquino said on Sunday her family had differences with the government, one reason why they had decided against a state funeral for the former leader.
Plane with 16 people missing in Indonesia's Papua
A plane with 16 people on board went missing in Indonesia's eastern region of Papua, an official said on Sunday, just weeks after the European Commission lifted a ban on four Indonesian airlines.
More than 700 killed in Nigeria clashes: Red Cross
More than 700 people were killed during a five-day uprising by a radical Islamic sect in northern Nigeria and the search for bodies is continuing, Red Cross and defense officials said on Sunday.
CORRECTED: Head of English Catholics warns about emails/texting
Corrects newspaper in paragraph 3 to Sunday Telegraph from Sunday Times
Israeli gays' safe haven turns deadly
Israel's gay community was rocked on Sunday by the killing of two people in a homosexual and lesbian youth center and the possibility they fell victim to a hate crime in the Jewish state's most freewheeling city.
Iran's show trial of foes hurts system: Khatami
Iranian authorities have tightened pressure on their opponents by staging what former President Mohammad Khatami derided Sunday as a show trial of 100 reformists accused of trying to instigate a velvet revolution.
Obama priorities won't burden middle class: Summers
White House economic adviser Larry Summers on Sunday declined to rule out future tax increases to reduce deficits but said the Obama administration would not increase burdens on the middle class.
Remains of first U.S. Gulf War casualty found
The remains of a U.S. Navy pilot have been found and positively identified, more than 18 years after he was shot down over Iraq and became the first U.S. casualty of the first Gulf War, the U.S. Defense Department said on Sunday.
Iran's Khatami says detainees' trial a show
Moderate former president Mohammad Khatami rejected as a show the trial of 100 prominent reformers who were arrested after Iran's disputed June presidential poll set off unrest, his website said on Sunday.
The summer blues: What's a U.S. president to do?
It's as certain as death and taxes. Presidents have periods of popularity and then periods of not so much.
S&P eyes 1,000; could be ripe for retreat
Wall Street may have momentum on its side this week as the S&P 500 tries to puncture the 1,000 level, but the rally's staying power will depend on whether U.S. data and corporate earnings provide more signs of economic stabilization.
More steps may be needed on economy: Geithner
U.S. Treasury Secretary Timothy Geithner said on Sunday more actions may be necessary to firm up economic recovery, including extended unemployment aid, and declined to rule out future tax hikes to reduce massive budget deficits.
Hacker hits Dutch sites with anti-Wilders slogans
A Turkish hacker has defaced dozens of Dutch websites with pro-Islamic slogans and pictures of right-wing politician Geert Wilders edited to make him look like a monkey, a website that tracks hackers said.
UBS not to pay fine in U.S. tax settlement: reports
Switzerland's UBS will not have to pay a fine as part of the settlement of a tax evasion dispute with the United States, two Swiss newspapers reported on Sunday.
Obama urges work on healthcare after committee vote
U.S. President Barack Obama on Saturday welcomed the latest vote by a House of Representatives committee on healthcare reform and urged lawmakers to keep up the momentum in the coming weeks.
Amsterdam mayor marries U.S. gay couples on canal
The mayor of Amsterdam married five American-Dutch gay couples on Saturday in an implicit criticism of the lack of same-sex marriage in many U.S. states.
Obama says many months before U.S. exits recession
President Barack Obama warned on Saturday it would take many more months for the United States to get out of recession even after GDP figures showed the economy shrank only modestly in the second quarter.
