ROME (AFP) - Italy and China signed deals worth a total of more than one billion euros Monday including a joint venture between auto giant Fiat and the Guangzhou Automobile Industry Group (GAIG), officials said. More »
NEW YORK (AFP) - General Motors cleared a major hurdle toward a quick exit from bankruptcy as a judge approved a government-backed plan to sell the best assets of the ailing Detroit automaker to a "new GM." More »
Monetary officials in China -- the largest holder of U.S. Treasury debt which has some 70 percent of its $1.95 trillion (1.19 trillion pounds) - (Reuters) - Leaders from the Group of Eight industrial nations and leading developing nations will hold talks from July 8-10 in the central Italian city of L'Aquila. More »
NEW YORK (AFP) - Oil prices slumped Monday, extending heavy losses seen last week as the market reconsidered prospects for a quick recovery from the global economic crisis after weak US labor market data. More »
BRUSSELS (AFP) - The European Commission warned EU nations Monday against constantly introducing new measures to try to bolster their economies given the size of their deficits. More »
NEW YORK (Reuters) - Oil settled 4 percent lower on Monday as doubts over a potential rebound in the global economy spurred investor risk aversion. More »
BERLIN (AFP) - Germany's biggest bank, Deutsche Bank, admitted Monday it had spied on a former member of its supervisory board, suspected of disclosing 2001 third quarter results before their official publication. More »
EVIAN, France (AFP) - Britain and France said Monday after a summit in southeastern France they were looking to resolve a row on the long-delayed Airbus A400M European military transport jet project. More »
NEW YORK (AFP) - Computer storage giant EMC raised its offer to purchase data storage firm Data Domain on Monday in a bid to top a rival offer for the company by data management firm NetApp. More »
MOSCOW (AFP) - US soft drink giant PepsiCo said Monday it would boost investment in Russia by one billion dollars, topping the list of US trade deals expected during President Barack Obama's visit to Moscow this week. More »

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