IBT Staff Reporter

The World Health Organization reported on Monday that 985 cases of influenza A (H1N1) have been reported across twenty countries.

Stock index futures pointed to a higher open on Wall Street on Monday ahead of key housing data.

The global downturn could lead to unrest, more poverty and environmental challenges in Asia, regional leaders were warned on Monday, after they agreed on a $120 billion emergency fund to counter the crisis.

Fiat SpA's chief executive visits Berlin on Monday to try to convince Germany's political leaders to sign up to his vision for a new European car giant by letting him take over General Motors Corp's Opel unit.

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American International Group Inc is close to selling its Japanese headquarters for about $1 billion and the expected buyer is a Japanese insurance company, the Wall Street Journal reported, citing people familiar with the matter.

American International Group Inc is close to selling its Japanese headquarters for about $1 billion and the expected buyer is a Japanese insurance company, the Wall Street Journal reported, citing people familiar with the matter.

Asian stocks punched to a seven-month peak on Monday, fueled by confidence the global economy is recovering faster than expected and a further jump in Taiwanese shares on hopes for an influx of Chinese investment.

Talks between The Boston Globe and its unions to prevent the U.S. newspaper from shutting down stopped early Monday morning after a midnight deadline passed, and it was unclear when they would resume.

Asian stocks punched to a seven-month peak on Monday, fueled by confidence the global economy is recovering faster than expected and on a further jump in Taiwanese shares on hopes for an influx of Chinese investment.

A Sunday midnight deadline to get concessions from The Boston Globe's unions to keep the U.S. newspaper alive passed without word from parent company New York Times Co or the unions.

Sprint Nextel Corp is in final negotiations to outsource management of its cellular network to Telefon AB LM Ericsson and transfer 5,000 to 7,000 U.S. employees to the equipment vendor, The Wall Street Journal reported, citing people familiar with the matter.

Sergio Marcionne, the chief executive of Fiat SpA, will unveil his plans on Monday to spin off the firm’s autos division and join it with GM Europe to create a new publicly traded European car company.Fiat chief seeks to combine Fiat Auto, GM Europe, Chrysler: report

With less than two hours to go before a midnight deadline, The Boston Globe and a key union have not agreed on concessions that parent company The New York Times Co says it needs to keep the newspaper alive.

The Asian Development Bank launched its annual meeting with donors on Monday, a day after the region announced its first independent liquidity facility, a $120 billion fund to counter the economic crisis.

Bank of America Corp is working on plans to raise more than $10 billion in fresh capital, even as it and Citigroup Inc launch last-ditch attempts to convince the U.S. government they do not need to bolster their balance sheets, the Financial Times reported.

Online currency trading platform FOREX.com launched in Europe on Monday, offering retail investors across the continent another way to trade in the $3.2 trillion a day market.

Warren Buffett attacked the government's stress tests of 19 large U.S. banks, saying they failed to properly assess the industry's health, and that he would buy more shares in three big banks Berkshire Hathaway Inc already owns.

The leaders of some of the UK's largest companies have started a revolt against the third runway at Heathrow, citing responsible citizenship, media reports said.

Italy's Fiat SpA could seek a merger of its auto group with General Motors Corp's Europe unit, then spin off the combined company and list it, Fiat said on Sunday.

Thirteen East and Southeast Asian countries agreed on Sunday to set up a $120 billion emergency fund for use in an economic downturn, the first independent move by Asia to shield itself from financial crisis.

Warren Buffett criticized the government's stress tests of 19 large U.S. banks for failing to account for strengths in lenders' business models, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc .

Warren Buffett criticized the government's stress tests of 19 large U.S. banks, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc.

Boeing Co said on Sunday its 787 Dreamliner would be ready for its first flight later in the second quarter, reaffirming a recently announced target for the new airplane.

The U.S. government will release the findings on bank stress tests this week, and data expected to show another month of crushing job losses will also test emerging optimism on global economic prospects.

Former clients of Mark A. Walsh, the onetime head of global real estate at now bankrupt Wall St investment bank Lehman Brothers, praised the banker in an article from the New York Times today.

Being a big insurer will cost Berkshire Hathaway Inc dearly when severe catastrophes strike, but it is a good place to be in the midst of an economic downturn, Chairman Warren Buffett said.

The influenza AH1N1 the virus that has claimed the lives of 19 people in Mexico is on the decrease according to the Federal Health Minister, Jose Angel Cordova Villalobos the El Universal reported.