GERMANY

The European Union is ready to adopt decisive measures to tackle its sovereign debt crisis, French Prime Minister Francois Fillon said Sunday.

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EU finance ministers outlined a deal on Saturday for recapitalizing European banks, and the leaders of Germany and France said they hoped for a breakthrough in tackling the Eurozone debt crisis at a summit on Wednesday.

To paraphrase singer Britney Spears, Oops, she did it again. In this case, she is conservative commentator/columnist Ann Coulter, who says the Occupy Wall Street protest movement is a mob and similar to mob uprisings.

Lindsey Vonn became the fifth female skier to win in all five Alpine disciplines when she claimed her maiden giant slalom victory in the opening race of the World Cup season on Saturday.

Banks cannot rely on taxpayers' money to recapitalize themselves, Sweden's Finance Minister said Saturday ahead of a meeting of EU finance ministers that was due to discuss steps to strengthen the European banking system.

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Apple has begun to take preorders for the iPhone 4S for customers living in Mexico, Spain, the Netherlands, and 19 other countries.

Libya's National Oil Corporation has summoned Russia's Gazprom to a meeting in Tripoli to discuss what the Libyans said was a breach of investment obligations -- the first sign the new leaders are prepared to renegotiate Gaddafi-era contracts.

Stock indexes rose at the open on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on corporate results.

The U.S. stock market opened sharply higher Friday on hopes of a Eurozone bailout.

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Apple spends at least $188 in component costs to make each of iPhone 4S, according to consultancy and research firm IHS iSuppli.

U.S. stock futures point to a higher opening Friday on hopes that European leaders will come out with a grand plan to fight the region's debt crisis.

Standard & Poor's will likely lower the credit standing of five European nations, including top-rated France, by one or two notches if the region slips into recession and government borrowings increase, the rating agency said in a report.

Stocks bounced on Friday after France and Germany said a comprehensive euro zone debt deal was on its way, if a little late, although a weaker euro and rising bund futures suggested not everyone was convinced.

Asian shares inched up while the euro clung to overnight gains on Friday, but markets largely stayed within range, as investors awaited a weekend meeting of European leaders for signs of progress in resolving the region's debt crisis.

Jim O'Neill, chairman of Goldman Sachs Asset Management, is optimistic about the U.S. economy, according an interview he had with CNBC TV.

Overthrown Libyan dictator Moammar Gadhafi was captured in the battle of Sirte and died in rebel control, the National Transitional Council said Thursday. The news hasn't been confirmed by independent sources, but if it were true, it would make Sirte the place of Gadhafi's birth and his death.

French President Nicholas Sarkozy and his wife Carla Bruni-Sarkozy became proud parents of a baby girl on Thursday. Carla Bruni was 3 weeks overdue and was reportedly eager for the baby to be born. The delivery took place at the La Muette clinic in Paris.

A split between the International Monetary Fund and the European Union is threatening to delay Greece's next aid payment in another blow to European efforts to stem the debt crisis.