World Bank tells G8: 2009 remains dangerous year - Reuters - 36 minutes ago
The Group of Eight nations should not presume a global economic recovery is near, World Bank President Robert Zoellick said in a letter to G8 host Italian Prime Minister Silvio Berlusconi obtained by Reuters on Monday.

Oil falls to around $64 on recovery doubts - Reuters - 1 hour, 8 minutes ago
Oil fell to around $64 a barrel on Monday and touched a five-week low, pressured by doubts over the prospects for a recovery in the global economy and energy demand.

EMC raises offer for Data Domain to $33.50 - Reuters - 1 hour, 25 minutes ago
EMC Corp boosted its bid to buy specialty storage maker Data Domain Inc by more than 10 percent to $33.50 per share, raising the stakes in a bidding war with rival NetApp Inc. .

Rio sells American food packaging assets for $1.2 billion - Reuters - 2 hours, 10 minutes ago
Global miner Rio Tinto further improved its cash position on Monday by agreeing to sell its Americas food packaging business for $1.2 billion, and analysts said they expected more asset sales to follow soon.

Samsung sees strong earnings, shares jump - Reuters - 2 hours, 54 minutes ago
South Korea's Samsung Electronics , the world's top maker of memory chips and flat screen TVs, forecast second-quarter earnings well above market estimates, driving its shares up more than 4 percent on Monday.

"Brave" post-Lehman M&A rewarded by market: study - Reuters - 2 hours, 54 minutes ago
Stock markets rewarded companies such as Johnson & Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released on Monday showed.

Porsche denies report more bidders for VW package - Reuters - Mon 6:49 am ET
Porsche on Monday denied a newspaper report which said five more potential bidders have emerged for a Porsche-owned derivatives package which controls around 20 percent of Volkswagen voting shares.